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Real Estate Prices & Overview

Warm Springs median real estate price is $320,766, which is less expensive than 62.9% of Montana neighborhoods and 50.9% of all U.S. neighborhoods.

The average rental price in Warm Springs is currently $1,335, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.9% of Montana neighborhoods.

Warm Springs is a remote neighborhood (based on population density) located in Anaconda, Montana.

Warm Springs 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 Warm Springs 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 Warm Springs. The current real estate vacancy rate here is 39.0%. This is higher than the rate of vacancies in 97.1% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (31.2%). 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.

Real Estate

This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 4 people per square mile living here, this neighborhood is less crowded than 98.4% of America.

In addition, despite all of the residential real estate here in the Warm Springs neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 39.0%, which is higher than 97.1% of all U.S. neighborhoods.

People

Of particular note, 7.8% of the people in the Warm Springs neighborhood currently reside in a correction facility, held due to punishment for a crime.

In addition, if you're nearing retirement age, or in retirement, the Warm Springs is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 6.3% of retiree-friendly neighborhoods in Montana, 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 Montana.

Diversity

Did you know that the Warm Springs neighborhood has more Yugoslav and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.1% of this neighborhood's residents have Yugoslav ancestry and 1.6% have Iranian ancestry.

Warm Springs is also pretty special linguistically. Significantly, 2.2% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 99.1% of the neighborhoods in America.

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 Warm Springs neighborhood in Anaconda are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 45.4% of the neighborhoods in America. In addition, 1.7% 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 76.5% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Warm Springs neighborhood, 33.2% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.4%), and 15.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Warm Springs neighborhood is English, spoken by 94.0% of households. Some people also speak Native American languages (2.2%).

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 Warm Springs neighborhood in Anaconda, MT, residents most commonly identify their ethnicity or ancestry as German (20.8%). There are also a number of people of Irish ancestry (18.1%), and residents who report Norwegian roots (9.8%), and some of the residents are also of English ancestry (7.6%), along with some Swedish ancestry residents (3.8%), 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 Warm Springs neighborhood spend under 15 minutes commuting one-way to work (44.5% of working residents), one of the shortest commutes across America.

Here most residents (66.0%) 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 (17.6%) and 5.5% of residents also hop out the door and walk to work for their daily commute. 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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