Grand Rapids, MI (Market Ave SW / Wealthy St SW)




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Market Ave SW / Wealthy St SW

NEIGHBORHOOD REPORT
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640 Vital Statistics. 28 Condition Alerts found.

Real Estate alerts

Real Estate


44

Statistics

alerts 2 Alerts

Found
Demographics alerts

Demographics


136

Statistics

alerts 2 Alerts

Found
Crimes alerts

Crimes


67

Statistics

alerts 2 Alerts

Found
Schools alerts

Schools


65

Statistics

alerts 14 Alerts

Found

328

Statistics

alerts 8 Alerts

Found


About Grand Rapids, MI (Market Ave SW / Wealthy St SW)


Real Estate Prices and Overview

Market Ave SW / Wealthy St SW median real estate price is $65,330, which is less expensive than 82.2% of Michigan neighborhoods and 82.2% of all U.S. neighborhoods.

The average rental price in Market Ave SW / Wealthy St SW is currently $688, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.7% of Michigan neighborhoods.

Market Ave SW / Wealthy St SW is a suburban neighborhood (based on population density) located in Grand Rapids, Michigan.

Market Ave SW / Wealthy St SW real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Market Ave SW / Wealthy St SW neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Market Ave SW / Wealthy St SW. The current real estate vacancy rate here is 21.7%. This is higher than the rate of vacancies in 87.5% 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

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.

Notable & Unique: Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Market Ave SW / Wealthy St SW neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 13.4% of the workforce so employed, this neighborhood has a greater concentration of such workers than 99.2% of U.S. neighborhoods.

Furthermore, neighborhoodScout's exclusive research identifies the Market Ave SW / Wealthy St SW neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 47.7% of its working residents employed in such fields, which is a higher proportion than 99.1% of American neighborhoods.

Notable & Unique: People

Single parenting is hard. But you don't have to tell the Market Ave SW / Wealthy St SW neighborhood about it; they already know. 24.8% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 98.5% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

In addition, neighborhoodScout's exclusive research revealed that 96.2% of the adult residents in the Market Ave SW / Wealthy St SW neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.4% of the neighborhoods in America.

Notable & Unique: Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Market Ave SW / Wealthy St SW neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 23.0% of the households here have four, five, or more cars. That is more cars per household than in 98.5% of the neighborhoods in the nation.

Notable & Unique: Modes of Transportation

In the Market Ave SW / Wealthy St SW neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 24.6% of commuters carpool here, which is more than in 98.1% of all U.S. neighborhoods.

Notable & Unique: Diversity

Did you know that the Market Ave SW / Wealthy St SW neighborhood has more Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.2% of this neighborhood's residents have Puerto Rican ancestry.

Market Ave SW / Wealthy St SW is also pretty special linguistically. Significantly, 62.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.1% of all U.S. neighborhoods.


The Neighbors

The Neighbors: Income

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 Market Ave SW / Wealthy St SW neighborhood in Grand Rapids are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.0% of U.S. neighborhoods. With 58.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.8% of U.S. neighborhoods.

The Neighbors: Occupations

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 Market Ave SW / Wealthy St SW neighborhood, 47.7% of the working population is employed in manufacturing and laborer 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 29.1% of the residents employed. Other residents here are employed in farming, forestry, or commercial fishing (13.4%), and 7.4% in executive, management, and professional occupations.

The Neighbors: 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 Market Ave SW / Wealthy St SW neighborhood in Grand Rapids, MI, residents most commonly identify their ethnicity or ancestry as Mexican (35.3%). There are also a number of people of Puerto Rican ancestry (9.2%), and residents who report Sub-Saharan African roots (2.7%), and some of the residents are also of African ancestry (2.7%), along with some German ancestry residents (2.4%), among others. In addition, 36.2% of the residents of this neighborhood were born in another country.

The Neighbors: Languages

The most common language spoken in the Market Ave SW / Wealthy St SW neighborhood is Spanish, spoken by 62.4% of households. Some people also speak English (36.6%).

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 Market Ave SW / Wealthy St SW neighborhood spend between 15 and 30 minutes commuting one-way to work (61.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (56.2%) 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 (24.6%) and 11.1% 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.

Neighborhood Real Estate Data

44 Vital Statistics. 2 Condition Alerts found.

Average Home Values

 

Median Home Value:
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Median Real Estate Taxes:
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Neighborhood Home Prices

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years of average rent needed to buy average home in this neighborhood
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Average Market Rent

 

Average Market Rent:
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MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

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Setting

 
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Neighborhood Look and Feel

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Housing Market Details

 

AGE OF Grand Rapids, MI (Market Ave SW / Wealthy St SW) HOMES

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TYPE OF Grand Rapids, MI (Market Ave SW / Wealthy St SW) HOMES

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SIZE OF Grand Rapids, MI (Market Ave SW / Wealthy St SW) HOMES

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SIZE OF Grand Rapids, MI (Market Ave SW / Wealthy St SW) HOMES

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homeownership

 
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Neighborhood Demographics Data

136 Vital Statistics. 2 Condition Alerts found.

Lifestyle

 
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Special character

 
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Age / Marital Status

 

Age

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Marital Status

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Gender Ratio

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Military & College Status

 
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Household Types

 

One person households

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Same Sex Partners

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Married Couple with Child

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Single Parent with Child

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Employment Industries in Market Ave SW / Wealthy St SW

 
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Commute to work

 

Average One-way Commute Time

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Means Of Transport

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Vehicles Per Household

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Migration & Mobility

 
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Race & Ethnic Diversity

 
Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

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Occupations

 
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Ancestries & Languages Spoken

 

Ancestry (top 20)

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Unemployment Rate

 
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Average Income

 

Per Capita Income

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Median Household Income

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Education

 

Percent with College Degree

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Percent with Advanced Degree

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income & education

 
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Neighborhood Crime Data

67 Vital Statistics. 2 Condition Alerts found.

Neighborhood Crime Data

 
total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type
Murder
Index
Rape
Index
Robbery
Index
Assault
Index

100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
Market Ave SW / Wealthy St SW 0.101011101001110
Grand Rapids 0.101011101001110
Michigan 4.16
My Chances of Becoming a Victim of a Violent Crime

1 in

in Market Ave SW / Wealthy St SW

1 in

in Grand Rapids

1 in 241

in Michigan
Grand Rapids VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000
United States VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

property Crime Comparison (per 1,000 residents)

Crime
Market Ave SW / Wealthy St SW 0.101011101001110
Grand Rapids 0.101011101001110
Michigan 18.86
My Chances of Becoming a Victim of a Property Crime

1 in

in Market Ave SW / Wealthy St SW

1 in

in Grand Rapids

1 in 53

in Michigan
Grand Rapids Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000
United States Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

Crime
Market Ave SW / Wealthy St SW 0.101011101001110
Grand Rapids 0.101011101001110
Michigan 28

Neighborhood Public School Data

65 Vital Statistics. 14 Condition Alerts found.

School Rating Information

 
School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that serve this neighborhood. Info

Schools That Serve This Neighborhood *

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Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 1 district:

GRAND RAPIDS PUBLIC SCHOOLS


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to Michigan

(10 is best)

Better than of MI school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

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Public School Test Scores (No Child Left Behind)

Discipline District State
Proficiency in Reading and Math 0.101011101001110 0.101011101001110
Proficiency in Reading 0.101011101001110 0.101011101001110
Proficiency in Math 0.101011101001110 0.101011101001110

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
Transportation
Other
Total Support
Non-instructional Expenditures
Total Expenditures

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