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 Apple Valley,
the Galaxie Ave / 140th St W neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
Wealth makes most things in life easier, and a few things harder.
If you are wealthy and enjoy keeping up with the Jones', this neighborhood
will interest you. In fact, according to NeighborhoodScout's research,
the Galaxie Ave / 140th St W neighborhood is wealthier than 96.2%
of the neighborhoods in the United States. Residents here are truly in
a unique situation even when compared to other Americans, based on the
sheer amount of wealth concentrated here. Even in times of economic
downturn, residents of this neighborhood, as a group, suffered less
and recovered more quickly. This is indeed a stand-out characteristic
of this neighborhood.
As one would expect in a considerably wealthy neighborhood such as this,
Galaxie Ave / 140th St W also has one of the lowest ratings of child
poverty in the nation.
Notable & Unique: Diversity
Did you know that the Galaxie Ave / 140th St W neighborhood has more
Norwegian and Belgian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 14.3% of
this neighborhood's residents have Norwegian ancestry and 1.1% have Belgian ancestry.
Galaxie Ave / 140th St W is also pretty special linguistically. Significantly, 1.1% of its residents five years old and above primarily
speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher
than 98.3% of the neighborhoods in America.
Notable & Unique: Real Estate
In addition, owner-occupied real estate dominates the Galaxie Ave / 140th St W neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 99.1% of neighborhoods in America. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Galaxie Ave / 140th St W neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
Furthermore, one way that the Galaxie Ave / 140th St W neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.1% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Also of note, most neighborhoods are composed of a mixture of ages of homes, but the Galaxie Ave / 140th St W stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 81.8% of the residential real estate here was built in this one time period.