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Real Estate Prices & Overview

McBh Kaneohe Bay median real estate price is $1,037,591, which is more expensive than 72.3% of the neighborhoods in Hawaii and 94.0% of the neighborhoods in the U.S.

The average rental price in McBh Kaneohe Bay is currently $5,394, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.6% of the neighborhoods in Hawaii.

McBh Kaneohe Bay is a suburban neighborhood (based on population density) located in Kailua, Hawaii. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

McBh Kaneohe Bay real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the McBh Kaneohe Bay neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in McBh Kaneohe Bay. The current real estate vacancy rate here is 21.0%. This is higher than the rate of vacancies in 87.2% 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.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The McBh Kaneohe Bay neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, McBh Kaneohe Bay is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the McBh Kaneohe Bay neighborhood could be your paradise. With 71.2% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 0.4% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Furthermore, renter-occupied real estate is dominant in the McBh Kaneohe Bay neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

People

In a nation where 1 out of every 4 children lives in poverty, the McBh Kaneohe Bay neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, the McBh Kaneohe Bay neighborhood stands out within Hawaii for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 8.0% of college-friendly places to live in HI.

Occupations

The McBh Kaneohe Bay neighborhood stands out nationally for having a greater proportion of its residents active in the military than 100.0% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The McBh Kaneohe Bay neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the McBh Kaneohe Bay neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 85.7% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.8% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Modes of Transportation

In the McBh Kaneohe Bay neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 39.8% of residents here. This is a higher proportion of walking commuters than we found in 99.5% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Diversity

Did you know that the McBh Kaneohe Bay neighborhood has more Yugoslav and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Yugoslav ancestry and 2.2% have Native American ancestry.

McBh Kaneohe Bay is also pretty special linguistically. Significantly, 7.8% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 96.7% 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 McBh Kaneohe Bay neighborhood in Kailua are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 82.5% of U.S. neighborhoods. In addition, 0.0% 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 100.0% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the McBh Kaneohe Bay neighborhood, 55.4% of the working population is employed in the military. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 38.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (28.9%), and 21.3% in clerical, assistant, and tech support 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 McBh Kaneohe Bay neighborhood is English, spoken by 83.1% of households. Other important languages spoken here include Spanish and Italian.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the McBh Kaneohe Bay neighborhood in Kailua, HI, residents most commonly identify their ethnicity or ancestry as German (15.3%). There are also a number of people of Mexican ancestry (13.9%), and residents who report Italian roots (9.7%), and some of the residents are also of Irish ancestry (6.3%), along with some Puerto Rican ancestry residents (2.8%), among others.

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 McBh Kaneohe Bay neighborhood spend under 15 minutes commuting one-way to work (85.7% of working residents), one of the shortest commutes across America.

Here most residents (39.8%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (33.6%) and 18.6% of residents also carpool with coworkers, friends, or neighbors for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.


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