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Real Estate Prices & Overview

Sylvan Glen / Golf Estates median real estate price is $433,869, which is more expensive than 86.7% of the neighborhoods in Michigan and 62.1% of the neighborhoods in the U.S.

The average rental price in Sylvan Glen / Golf Estates is currently $3,749, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.6% of the neighborhoods in Michigan.

Sylvan Glen / Golf Estates is a suburban neighborhood (based on population density) located in Troy, Michigan.

Sylvan Glen / Golf Estates real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Sylvan Glen / Golf Estates 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 Sylvan Glen / Golf Estates are 3.4%, which is lower than one will find in 77.3% of American neighborhoods. Demand for real estate in Sylvan Glen / Golf Estates 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

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 Troy, the Sylvan Glen / Golf Estates neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

The Sylvan Glen / Golf Estates neighborhood stands out nationally for having a greater proportion of its residents active in the military than 97.8% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

People

If you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Sylvan Glen / Golf Estates neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 11.0% executive lifestyle neighborhoods in the state of Michigan. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children and urban sophisticates.

Diversity

Did you know that the Sylvan Glen / Golf Estates neighborhood has more Belgian and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.8% of this neighborhood's residents have Belgian ancestry and 3.8% have Arab ancestry.

Sylvan Glen / Golf Estates is also pretty special linguistically. Significantly, 3.3% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 97.9% 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 Sylvan Glen / Golf Estates neighborhood in Troy are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 79.1% of the neighborhoods in America. With 11.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.7% 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 Sylvan Glen / Golf Estates neighborhood, 53.5% 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 21.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.8%), and 12.3% 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 Sylvan Glen / Golf Estates neighborhood is English, spoken by 80.7% of households. Other important languages spoken here include Langs. of India, Arabic and Korean.

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 Sylvan Glen / Golf Estates neighborhood in Troy, MI, residents most commonly identify their ethnicity or ancestry as Asian (14.4%). There are also a number of people of German ancestry (13.6%), and residents who report Italian roots (10.8%), and some of the residents are also of English ancestry (10.7%), along with some Polish ancestry residents (10.0%), among others. In addition, 16.6% 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 Sylvan Glen / Golf Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (47.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (78.5%) 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 (7.9%) . 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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