Downtown Pontiac median real estate price is $128,938, which is less expensive than 85.7% of Michigan neighborhoods and 91.8% of all U.S. neighborhoods.
The average rental price in Downtown Pontiac is currently $488, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 100.0% of Michigan neighborhoods.
Downtown Pontiac is a suburban neighborhood (based on population density) located in Pontiac, Michigan.
Downtown Pontiac real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Downtown Pontiac neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 6.0% in Downtown Pontiac. NeighborhoodScout analysis shows that this rate is lower than 58.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Pontiac, the Downtown Pontiac neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
One of the unique characteristics of the Downtown Pontiac neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.8% of the neighborhoods in America. Also of note, 84.3% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
In addition, one of the most interesting things about the Downtown Pontiac neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 59.8% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 98.7% of the neighborhoods in America.
Also, the Downtown Pontiac neighborhood is unique for having just 3.5% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 98.2% of America's neighborhoods.
Did you know that the Downtown Pontiac neighborhood has more Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.0% of this neighborhood's residents have Armenian ancestry.
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 Downtown Pontiac neighborhood in Pontiac are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.8% of U.S. neighborhoods. With 84.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.6% of U.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 Downtown Pontiac neighborhood, 35.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 29.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (24.9%), and 10.8% in executive, management, and professional occupations.
The most common language spoken in the Downtown Pontiac neighborhood is English, spoken by 94.2% of households. Some people also speak Spanish (4.7%).
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 Downtown Pontiac neighborhood in Pontiac, MI, residents most commonly identify their ethnicity or ancestry as Mexican (2.8%). There are also a number of people of Polish ancestry (1.7%), and residents who report Irish roots (1.5%), and some of the residents are also of German ancestry (1.3%).
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 Downtown Pontiac neighborhood spend under 15 minutes commuting one-way to work (36.1% of working residents), one of the shortest commutes across America.
Here most residents (66.8%) 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 (22.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.