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Real Estate Prices & Overview

Big Sky Meadow Village median real estate price is $1,053,101, which is more expensive than 97.9% of the neighborhoods in Montana and 94.5% of the neighborhoods in the U.S.

The average rental price in Big Sky Meadow Village is currently $2,671, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.5% of the neighborhoods in Montana.

Big Sky Meadow Village is a remote neighborhood (based on population density) located in Big Sky, Montana.

Big Sky Meadow Village real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Big Sky Meadow Village 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 Big Sky Meadow Village. The current real estate vacancy rate here is 50.3%. This is higher than the rate of vacancies in 98.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (43.4%). 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

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 Big Sky, the Big Sky Meadow Village neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 50.3% of the residential real estate vacant, the Big Sky Meadow Village neighborhood claims the distinction of having a higher vacancy rate than 98.6% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

In addition, 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 8 people per square mile living here, this neighborhood is less crowded than 97.5% of America.

People

A majority of the adults in the Big Sky Meadow Village 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 98.1% of the neighborhoods in Montana.

Modes of Transportation

A unique way of commuting is simply not to. And in the Big Sky Meadow Village neighborhood, analysis shows that 23.0% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 95.0% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Diversity

Did you know that the Big Sky Meadow Village neighborhood has more Armenian and Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.1% of this neighborhood's residents have Armenian ancestry and 4.0% have Scots-Irish ancestry.

Big Sky Meadow Village is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 95.4% 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 Big Sky Meadow Village neighborhood in Big Sky are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 88.1% of the neighborhoods in America. In addition, 8.2% 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 55.9% 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 Big Sky Meadow Village neighborhood, 47.3% 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 34.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.7%), and 2.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Big Sky Meadow Village neighborhood is English, spoken by 99.7% of households. Some people also speak Italian (4.7%).

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 Big Sky Meadow Village neighborhood in Big Sky, MT, residents most commonly identify their ethnicity or ancestry as German (24.8%). There are also a number of people of Irish ancestry (22.7%), and residents who report English roots (13.9%), and some of the residents are also of Italian ancestry (7.0%), along with some Mexican ancestry residents (5.8%), 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 Big Sky Meadow Village neighborhood spend under 15 minutes commuting one-way to work (46.4% of working residents), one of the shortest commutes across America.

Here most residents (66.3%) drive alone in a private automobile to get to work. 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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