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Real Estate Prices & Overview

Fraser South median real estate price is $218,113, which is more expensive than 43.7% of the neighborhoods in Michigan and 26.5% of the neighborhoods in the U.S.

The average rental price in Fraser South is currently $618, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.8% of Michigan neighborhoods.

Fraser South is a suburban neighborhood (based on population density) located in Fraser, Michigan.

Fraser South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Fraser South neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Fraser South are 4.7%, which is lower than one will find in 68.3% of American neighborhoods. Demand for real estate in Fraser South 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

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Fraser, the Fraser South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Fraser South neighborhood has more Belgian and Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.2% of this neighborhood's residents have Belgian ancestry and 17.0% have Polish ancestry.

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 Fraser South neighborhood in Fraser are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 65.1% of U.S. neighborhoods. In addition, 7.9% 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 56.3% 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 Fraser South neighborhood, 34.4% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 28.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (25.9%), and 11.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Fraser South neighborhood is English, spoken by 94.9% of households.

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 Fraser South neighborhood in Fraser, MI, residents most commonly identify their ethnicity or ancestry as German (23.5%). There are also a number of people of Polish ancestry (17.0%), and residents who report Irish roots (12.8%), and some of the residents are also of Italian ancestry (12.3%), along with some English ancestry residents (6.6%), 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 Fraser South neighborhood spend between 15 and 30 minutes commuting one-way to work (55.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (73.0%) drive alone in a private automobile to get to work. 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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