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Real Estate Prices & Overview

Holt South median real estate price is $261,806, which is more expensive than 57.1% of the neighborhoods in Michigan and 35.3% of the neighborhoods in the U.S.

The average rental price in Holt South is currently $2,315, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.4% of the neighborhoods in Michigan.

Holt South is a rural neighborhood (based on population density) located in Holt, Michigan.

Holt 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 Holt South neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Holt South, the current vacancy rate is 2.0%, which is a lower rate of vacancies than 86.7% of all neighborhoods in the U.S. This means that the housing supply in Holt South is very tight compared to the demand for property here.

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 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 Holt South neighborhood has more Lebanese and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.6% of this neighborhood's residents have Lebanese ancestry and 1.6% have Finnish ancestry.

Holt South is also pretty special linguistically. Significantly, 2.4% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 95.5% 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 Holt South neighborhood in Holt are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 69.0% of the neighborhoods in America. With 16.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.5% of U.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 Holt South neighborhood, 45.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 22.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.5%), and 12.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Holt South neighborhood is English, spoken by 91.5% of households. Some people also speak Vietnamese (2.4%).

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 South neighborhood in Holt, MI, residents most commonly identify their ethnicity or ancestry as German (17.6%). There are also a number of people of English ancestry (9.5%), and residents who report Irish roots (8.2%), and some of the residents are also of Asian ancestry (7.0%), along with some Mexican ancestry residents (6.7%), 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 Holt South neighborhood spend between 15 and 30 minutes commuting one-way to work (47.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (69.6%) 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 (18.3%) . 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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