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Real Estate Prices & Overview

Launani Valley median real estate price is $1,086,062, which is more expensive than 74.5% of the neighborhoods in Hawaii and 94.5% of the neighborhoods in the U.S.

The average rental price in Launani Valley is currently $5,959, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.2% of the neighborhoods in Hawaii.

Launani Valley is an urban neighborhood (based on population density) located in Mililani, Hawaii.

Launani Valley real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Launani Valley neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Launani Valley are 5.7%, which is lower than one will find in 63.3% of American neighborhoods. Demand for real estate in Launani Valley is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

According to NeighborhoodScout's exclusive analysis, Launani Valley is among the best neighborhoods for families in Hawaii. In fact, this neighborhood is more family-friendly than 99.5% of neighborhoods in the entire state of Hawaii. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Launani Valley neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for college students and urban sophisticates.

Occupations

With 6.5% of employed workers living in the Launani Valley neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.1% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Furthermore, the Launani Valley neighborhood has a greater proportion of government workers living in it than 95.2% 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.

Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Launani Valley neighborhood. A whopping 68.5% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.9% of the neighborhoods in the U.S. Everything here just feels new.

Diversity

Did you know that the Launani Valley neighborhood has more Asian and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 51.1% of this neighborhood's residents have Asian ancestry and 2.3% have Portuguese ancestry.

Launani Valley is also pretty special linguistically. Significantly, 5.6% 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 99.7% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Launani Valley neighborhood in Mililani are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 93.6% of the neighborhoods in America. In addition, 2.7% 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 72.8% 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 Launani Valley neighborhood, 42.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 23.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.6%), and 16.3% 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 Launani Valley neighborhood is English, spoken by 87.5% of households. Other important languages spoken here include Japanese, Tagalog (the first language of the Philippine region) 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 Launani Valley neighborhood in Mililani, HI, residents most commonly identify their ethnicity or ancestry as Asian (51.1%). There are also a number of people of English ancestry (6.3%), and residents who report Irish roots (4.4%), and some of the residents are also of Mexican ancestry (4.2%), along with some German ancestry residents (3.7%), among others. In addition, 10.9% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Launani Valley neighborhood spend between 30 and 45 minutes commuting one-way to work (30.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (77.8%) 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 (11.3%) . 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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Crime includes:
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Schools include:
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