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Real Estate Prices & Overview

Falcon Hollow / Woodland Park median real estate price is $1,112,935, which is more expensive than 97.7% of the neighborhoods in Montana and 94.7% of the neighborhoods in the U.S.

The average rental price in Falcon Hollow / Woodland Park is currently $2,804, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.4% of the neighborhoods in Montana.

Falcon Hollow / Woodland Park is a suburban neighborhood (based on population density) located in Bozeman, Montana.

Falcon Hollow / Woodland Park real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Falcon Hollow / Woodland Park neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Falcon Hollow / Woodland Park are 5.5%, which is lower than one will find in 64.6% of American neighborhoods. Demand for real estate in Falcon Hollow / Woodland Park is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Falcon Hollow / Woodland Park 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 99.1% 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 and urban sophisticates.

Diversity

Did you know that the Falcon Hollow / Woodland Park neighborhood has more Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.1% of this neighborhood's residents have Norwegian 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 Falcon Hollow / Woodland Park neighborhood in Bozeman 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 86.8% of the neighborhoods in America. In addition, 0.4% 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 80.1% 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 Falcon Hollow / Woodland Park neighborhood, 55.9% 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 19.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.6%), and 9.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Falcon Hollow / Woodland Park neighborhood is English, spoken by 96.2% of households.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Falcon Hollow / Woodland Park neighborhood in Bozeman, MT, residents most commonly identify their ethnicity or ancestry as German (29.3%). There are also a number of people of Irish ancestry (17.4%), and residents who report English roots (16.2%), and some of the residents are also of Norwegian ancestry (9.1%), along with some Polish ancestry residents (4.0%), 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 Falcon Hollow / Woodland Park neighborhood spend under 15 minutes commuting one-way to work (46.7% of working residents), one of the shortest commutes across America.

Here most residents (68.9%) 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 (10.8%) . 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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