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Real Estate Prices & Overview

Nuuanu - Punchbowl median real estate price is $907,107, which is more expensive than 49.6% of the neighborhoods in Hawaii and 89.9% of the neighborhoods in the U.S.

The average rental price in Nuuanu - Punchbowl is currently $2,513, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.7% of Hawaii neighborhoods.

Nuuanu - Punchbowl is a densely urban neighborhood (based on population density) located in Honolulu, Hawaii.

Nuuanu - Punchbowl real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Nuuanu - Punchbowl neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Nuuanu - Punchbowl. The current real estate vacancy rate here is 25.7%. This is higher than the rate of vacancies in 92.4% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Modes of Transportation

In the Nuuanu - Punchbowl neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 24.7% of commuters carpool here, which is more than in 96.9% of all U.S. neighborhoods.

Also, our research revealed that more commuters here take the bus to work (13.2% ride the bus) than 96.6% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Occupations

The Nuuanu - Punchbowl neighborhood has a greater proportion of government workers living in it than 96.2% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

Furthermore, there are more people living in the Nuuanu - Punchbowl neighborhood employed as sales and service workers (61.1%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Real Estate

If you like crowded places, then you will probably enjoy the the Nuuanu - Punchbowl neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.4% of neighborhoods in the U.S., with 22,049 people per square mile living here.

Diversity

Did you know that the Nuuanu - Punchbowl neighborhood has more Asian and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 32.4% of this neighborhood's residents have Asian ancestry and 1.2% have Austrian ancestry.

Nuuanu - Punchbowl is also pretty special linguistically. Significantly, 7.6% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Nuuanu - Punchbowl neighborhood in Honolulu are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.2% of the neighborhoods in America. In addition, 4.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 67.9% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Nuuanu - Punchbowl neighborhood, 38.9% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 26.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.3%), and 16.0% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Nuuanu - Punchbowl neighborhood is English, spoken by 59.7% of households. Other important languages spoken here include Spanish, Chinese and Japanese.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Nuuanu - Punchbowl neighborhood in Honolulu, HI, residents most commonly identify their ethnicity or ancestry as Asian (32.4%). There are also a number of people of Mexican ancestry (11.1%), and residents who report Spanish roots (8.7%), and some of the residents are also of Puerto Rican ancestry (3.4%), along with some German ancestry residents (3.3%), among others. In addition, 27.0% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Nuuanu - Punchbowl neighborhood spend between 15 and 30 minutes commuting one-way to work (39.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (51.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (24.7%) and 13.2% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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