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Real Estate Prices & Overview

Henningsen Park median real estate price is $414,035, which is more expensive than 69.8% of the neighborhoods in Michigan and 54.5% of the neighborhoods in the U.S.

The average rental price in Henningsen Park is currently $2,478, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.1% of the neighborhoods in Michigan.

Henningsen Park is a suburban neighborhood (based on population density) located in Northville, Michigan.

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

In Henningsen Park, the current vacancy rate is 2.4%, which is a lower rate of vacancies than 84.9% of all neighborhoods in the U.S. This means that the housing supply in Henningsen Park 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 Northville, the Henningsen Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

Executives, managers and professionals make up 69.5% of the workforce in the Henningsen Park neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 95.6% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

People

If you're nearing retirement age, or in retirement, the Henningsen Park is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 6.6% of retiree-friendly neighborhoods in Michigan, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Michigan. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives.

Diversity

Did you know that the Henningsen Park neighborhood has more Finnish and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.4% of this neighborhood's residents have Finnish ancestry and 2.3% have Lebanese ancestry.

Henningsen Park is also pretty special linguistically. Significantly, 5.1% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 98.5% 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 Henningsen Park neighborhood in Northville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 75.5% of the neighborhoods in America. In addition, 9.8% 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 52.0% of America'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 Henningsen Park neighborhood, 69.5% 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 14.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.3%), and 5.1% in manufacturing and laborer 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 Henningsen Park neighborhood is English, spoken by 80.9% of households. Other important languages spoken here include Arabic and Chinese.

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 Henningsen Park neighborhood in Northville, MI, residents most commonly identify their ethnicity or ancestry as Asian (15.2%). There are also a number of people of English ancestry (14.7%), and residents who report Irish roots (12.7%), and some of the residents are also of German ancestry (12.6%), along with some Italian ancestry residents (10.7%), among others. In addition, 18.8% of the residents of this neighborhood were born in another country.

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 Henningsen Park neighborhood spend between 30 and 45 minutes commuting one-way to work (40.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (81.2%) 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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