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Real Estate Prices & Overview

Southeast / Sourdough median real estate price is $1,003,418, which is more expensive than 96.1% of the neighborhoods in Montana and 92.7% of the neighborhoods in the U.S.

The average rental price in Southeast / Sourdough is currently $2,523, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.3% of the neighborhoods in Montana.

Southeast / Sourdough is a suburban neighborhood (based on population density) located in Bozeman, Montana.

Southeast / Sourdough real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Southeast / Sourdough 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.

Southeast / Sourdough has a 10.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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

Of note is NeighborhoodScout's research finding that the Southeast / Sourdough neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Southeast / Sourdough community truly stands out from the rest in this regard.

In addition, a majority of the adults in the Southeast / Sourdough 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 99.7% 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, urban sophisticates and college students.

Also, the rate of college educated adults in the Southeast / Sourdough neighborhood is a unique characteristic of the neighborhood. 83.6% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 33.7% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 98.8% of all U.S. neighborhoods.

Finally, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Southeast / Sourdough neighborhood may actually hold the key. 70.5% of its residents are married, which is a higher percentage than is found in 98.0% of the neighborhoods in America.

Modes of Transportation

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Southeast / Sourdough neighborhood is a fantastic option for bicycle commuters, as 8.7% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.4% of the neighborhoods in America.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Southeast / Sourdough neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 71.5% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 98.7% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the Southeast / Sourdough neighborhood has more Czechoslovakian and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.4% of this neighborhood's residents have Czechoslovakian ancestry and 2.1% have Finnish ancestry.

Southeast / Sourdough is also pretty special linguistically. Significantly, 6.6% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 95.5% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Southeast / Sourdough 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 91.5% 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.

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 Southeast / Sourdough neighborhood, 68.0% 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 15.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.0%), and 6.5% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Southeast / Sourdough neighborhood is English, spoken by 95.1% of households. Other important languages spoken here include Italian and Polish.

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 Southeast / Sourdough neighborhood in Bozeman, MT, residents most commonly identify their ethnicity or ancestry as German (22.8%). There are also a number of people of English ancestry (19.3%), and residents who report Irish roots (14.0%), and some of the residents are also of Polish ancestry (6.6%), along with some Norwegian ancestry residents (6.4%), 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 Southeast / Sourdough neighborhood spend under 15 minutes commuting one-way to work (71.5% of working residents), one of the shortest commutes across America.

Here most residents (66.7%) drive alone in a private automobile to get to work. In addition, quite a number also bicycle to get to work (8.7%) . 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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