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Real Estate Prices & Overview

Corey / Fabius median real estate price is $399,317, which is more expensive than 67.5% of the neighborhoods in Michigan and 48.2% of the neighborhoods in the U.S.

The average rental price in Corey / Fabius is currently $994, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 95.8% of Michigan neighborhoods.

Corey / Fabius is a remote neighborhood (based on population density) located in Three Rivers, Michigan.

Corey / Fabius real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Corey / Fabius neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Corey / Fabius. The current real estate vacancy rate here is 26.8%. This is higher than the rate of vacancies in 93.0% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (22.1%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Diversity

Did you know that the Corey / Fabius neighborhood has more Dutch and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.6% of this neighborhood's residents have Dutch ancestry and 1.7% have Eastern European ancestry.

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 Corey / Fabius neighborhood in Three Rivers are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 69.1% 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 63.6% 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 Corey / Fabius neighborhood, 34.7% 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 34.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.4%), and 10.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Corey / Fabius neighborhood is English, spoken by 94.4% of households. Some people also speak Italian (3.5%).

Ethnicity / Ancestry

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 Corey / Fabius neighborhood in Three Rivers, MI, residents most commonly identify their ethnicity or ancestry as German (26.4%). There are also a number of people of English ancestry (20.5%), and residents who report Irish roots (8.4%), and some of the residents are also of Polish ancestry (4.9%), along with some Dutch ancestry residents (4.6%), 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 Corey / Fabius neighborhood spend under 15 minutes commuting one-way to work (52.4% of working residents), one of the shortest commutes across America.

Here most residents (81.2%) 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 (5.5%) . 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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