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Real Estate Prices & Overview

Holt Northwest median real estate price is $216,763, which is more expensive than 43.2% of the neighborhoods in Michigan and 26.2% of the neighborhoods in the U.S.

The average rental price in Holt Northwest is currently $1,285, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.1% of Michigan neighborhoods.

Holt Northwest is a suburban neighborhood (based on population density) located in Holt, Michigan.

Holt Northwest 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 Holt Northwest neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 7.3% in Holt Northwest. NeighborhoodScout analysis shows that this rate is lower than 52.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Holt, the Holt Northwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

With a nice mix of college students, safety from crime, and decent walkability, the Holt Northwest neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 87.2% of the neighborhoods in MI. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

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 Holt Northwest neighborhood in Holt are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 64.0% of U.S. neighborhoods. In addition, 7.2% 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 58.1% 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 Holt Northwest neighborhood, 43.2% 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 24.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.5%), and 14.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Holt Northwest neighborhood is English, spoken by 94.4% of households.

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 Holt Northwest neighborhood in Holt, MI, residents most commonly identify their ethnicity or ancestry as German (24.5%). There are also a number of people of English ancestry (13.4%), and residents who report Mexican roots (10.7%), and some of the residents are also of Irish ancestry (10.6%), along with some Sub-Saharan African ancestry residents (5.5%), among others.

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 Holt Northwest neighborhood spend between 15 and 30 minutes commuting one-way to work (48.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.3%) 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 (8.2%) . 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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