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Real Estate Prices & Overview

Anchor Bay Gardens / Anchor Bay Shores median real estate price is $343,186, which is more expensive than 78.8% of the neighborhoods in Michigan and 53.1% of the neighborhoods in the U.S.

The average rental price in Anchor Bay Gardens / Anchor Bay Shores is currently $1,385, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.6% of Michigan neighborhoods.

Anchor Bay Gardens / Anchor Bay Shores is a suburban neighborhood (based on population density) located in New Baltimore, Michigan.

Anchor Bay Gardens / Anchor Bay Shores real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Anchor Bay Gardens / Anchor Bay Shores neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Anchor Bay Gardens / Anchor Bay Shores are 4.8%, which is lower than one will find in 69.2% of American neighborhoods. Demand for real estate in Anchor Bay Gardens / Anchor Bay Shores 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

Of note is NeighborhoodScout's research finding that the Anchor Bay Gardens / Anchor Bay Shores neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Anchor Bay Gardens / Anchor Bay Shores community truly stands out from the rest in this regard.

Modes of Transportation

Our research reveals that 91.2% of commuters who live in the Anchor Bay Gardens / Anchor Bay Shores neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 96.7% of U.S. neighborhoods.

Diversity

Did you know that the Anchor Bay Gardens / Anchor Bay Shores neighborhood has more Belgian and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.6% of this neighborhood's residents have Belgian ancestry and 21.3% have Italian ancestry.

Anchor Bay Gardens / Anchor Bay Shores is also pretty special linguistically. Significantly, 16.7% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 99.5% 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 Anchor Bay Gardens / Anchor Bay Shores neighborhood in New Baltimore are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 72.5% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Anchor Bay Gardens / Anchor Bay Shores neighborhood, 34.4% 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 31.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.6%), and 16.6% 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 Anchor Bay Gardens / Anchor Bay Shores neighborhood is English, spoken by 94.9% of households. Other important languages spoken here include Polish and Spanish.

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 Anchor Bay Gardens / Anchor Bay Shores neighborhood in New Baltimore, MI, residents most commonly identify their ethnicity or ancestry as German (22.1%). There are also a number of people of Italian ancestry (21.3%), and residents who report Irish roots (14.4%), and some of the residents are also of Polish ancestry (12.5%), along with some French ancestry residents (8.7%), 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 Anchor Bay Gardens / Anchor Bay Shores neighborhood spend between 15 and 30 minutes commuting one-way to work (32.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (91.2%) 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 (6.7%) . 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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