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Real Estate Prices & Overview

Cooke City / Silver Gate median real estate price is $617,415, which is more expensive than 77.9% of the neighborhoods in Montana and 76.5% of the neighborhoods in the U.S.

The average rental price in Cooke City / Silver Gate is currently $1,023, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.4% of Montana neighborhoods.

Cooke City / Silver Gate is a remote neighborhood (based on population density) located in Gardiner, Montana.

Cooke City / Silver Gate real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Cooke City / Silver Gate 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 Cooke City / Silver Gate. The current real estate vacancy rate here is 34.3%. This is higher than the rate of vacancies in 96.2% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (24.1%). 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 Gardiner, the Cooke City / Silver Gate neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Cooke City / Silver Gate 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 Cooke City / Silver Gate community truly stands out from the rest in this regard.

In addition, if you are planning to retire in Montana, this neighborhood should be on your must-see list. For many reasons, Cooke City / Silver Gate may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Montana, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.7% of neighborhoods in MT. If a Montana retirement is in your future, this neighborhood should be one of the places you visit.

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 2 people per square mile living here, this neighborhood is less crowded than 99.1% of America.

In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 34.3% of the residential real estate vacant, the Cooke City / Silver Gate neighborhood claims the distinction of having a higher vacancy rate than 96.2% 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.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Cooke City / Silver Gate neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 64.9% 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 97.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Modes of Transportation

In the Cooke City / Silver Gate neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 11.8% of residents here. This is a higher proportion of walking commuters than we found in 95.8% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Diversity

Did you know that the Cooke City / Silver Gate neighborhood has more Finnish and Croatian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have Finnish ancestry and 1.1% have Croatian 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 Cooke City / Silver Gate neighborhood in Gardiner are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.9% of U.S. neighborhoods. 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.

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 Cooke City / Silver Gate neighborhood, 35.9% 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 32.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.8%), and 8.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Cooke City / Silver Gate neighborhood is English, spoken by 92.2% of households. Some people also speak Spanish (4.2%).

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 Cooke City / Silver Gate neighborhood in Gardiner, MT, residents most commonly identify their ethnicity or ancestry as German (28.7%). There are also a number of people of Irish ancestry (16.7%), and residents who report English roots (13.2%), and some of the residents are also of Polish ancestry (7.4%), along with some Italian 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 Cooke City / Silver Gate neighborhood spend under 15 minutes commuting one-way to work (64.9% of working residents), one of the shortest commutes across America.

Here most residents (53.7%) 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 (16.6%) and 11.8% 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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