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Real Estate Prices & Overview

Meadowlark Ranch / Springhill Reserve median real estate price is $973,376, which is more expensive than 94.3% of the neighborhoods in Montana and 91.3% of the neighborhoods in the U.S.

The average rental price in Meadowlark Ranch / Springhill Reserve is currently $2,908, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.1% of the neighborhoods in Montana.

Meadowlark Ranch / Springhill Reserve is a suburban neighborhood (based on population density) located in Belgrade, Montana.

Meadowlark Ranch / Springhill Reserve real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Meadowlark Ranch / Springhill Reserve neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Meadowlark Ranch / Springhill Reserve, the current vacancy rate is 1.8%, which is a lower rate of vacancies than 88.6% of all neighborhoods in the U.S. This means that the housing supply in Meadowlark Ranch / Springhill Reserve is very tight compared to the demand for property here.

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

A majority of the adults in the Meadowlark Ranch / Springhill Reserve neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Montana by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 95.9% of the neighborhoods in Montana. 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.

Diversity

Did you know that the Meadowlark Ranch / Springhill Reserve neighborhood has more Lithuanian and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.0% of this neighborhood's residents have Lithuanian ancestry and 1.8% have Romanian 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 Meadowlark Ranch / Springhill Reserve neighborhood in Belgrade are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.6% of the neighborhoods in America. In addition, 8.4% 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 55.3% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Meadowlark Ranch / Springhill Reserve neighborhood, 41.5% 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 25.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.1%), and 11.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Meadowlark Ranch / Springhill Reserve neighborhood is English, spoken by 96.0% of households.

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 Meadowlark Ranch / Springhill Reserve neighborhood in Belgrade, MT, residents most commonly identify their ethnicity or ancestry as German (25.4%). There are also a number of people of Irish ancestry (16.9%), and residents who report English roots (9.3%), and some of the residents are also of Norwegian ancestry (5.0%), along with some Italian ancestry residents (4.6%), 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 Meadowlark Ranch / Springhill Reserve neighborhood spend between 15 and 30 minutes commuting one-way to work (55.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.5%) 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 (11.6%) . 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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