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Real Estate Prices & Overview

Fox Farm Rd / Pequaywan Lake Rd median real estate price is $498,046, which is more expensive than 83.6% of the neighborhoods in Minnesota and 70.5% of the neighborhoods in the U.S.

The average rental price in Fox Farm Rd / Pequaywan Lake Rd is currently $3,295, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.8% of the neighborhoods in Minnesota.

Fox Farm Rd / Pequaywan Lake Rd is a remote neighborhood (based on population density) located in Duluth, Minnesota.

Fox Farm Rd / Pequaywan Lake Rd real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Fox Farm Rd / Pequaywan Lake Rd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Vacant apartments or homes are a major fact of life in Fox Farm Rd / Pequaywan Lake Rd. The current real estate vacancy rate here is 26.6%. This is higher than the rate of vacancies in 92.5% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (24.4%). 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.

People

In a nation where 1 out of every 4 children lives in poverty, the Fox Farm Rd / Pequaywan Lake Rd neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, if you're nearing retirement age, or in retirement, the Fox Farm Rd / Pequaywan Lake Rd is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 8.9% of retiree-friendly neighborhoods in Minnesota, 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 Minnesota.

Real Estate

Unpopulated, and rural, the Fox Farm Rd / Pequaywan Lake Rd neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 96.0% of the neighborhoods in America. One of the notable things about Fox Farm Rd / Pequaywan Lake Rd is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

Diversity

Did you know that the Fox Farm Rd / Pequaywan Lake Rd neighborhood has more Swedish and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.8% of this neighborhood's residents have Swedish ancestry and 6.7% have Finnish ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Fox Farm Rd / Pequaywan Lake Rd neighborhood in Duluth are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 76.9% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America'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 Fox Farm Rd / Pequaywan Lake Rd neighborhood, 41.2% 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 30.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.9%), and 7.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Fox Farm Rd / Pequaywan Lake Rd neighborhood is English, spoken by 95.9% of households.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Fox Farm Rd / Pequaywan Lake Rd neighborhood in Duluth, MN, residents most commonly identify their ethnicity or ancestry as German (28.3%). There are also a number of people of Norwegian ancestry (20.3%), and residents who report Swedish roots (13.8%), and some of the residents are also of Irish ancestry (11.0%), along with some Finnish ancestry residents (6.7%), among others.

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 Fox Farm Rd / Pequaywan Lake Rd neighborhood spend between 15 and 30 minutes commuting one-way to work (57.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (88.4%) 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 (5.4%) . 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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