Albany Northwest median real estate price is $550,066, which is more expensive than 67.4% of the neighborhoods in Oregon and 77.2% of the neighborhoods in the U.S.
The average rental price in Albany Northwest is currently $2,726, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.1% of the neighborhoods in Oregon.
Albany Northwest is a suburban neighborhood (based on population density) located in Albany, Oregon.
Albany Northwest 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 Albany Northwest neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Albany Northwest, 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 Albany Northwest is very tight compared to the demand for property here.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
According to NeighborhoodScout's exclusive analysis, Albany Northwest is among the best neighborhoods for families in Oregon. In fact, this neighborhood is more family-friendly than 99.7% of neighborhoods in the entire state of Oregon. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Albany Northwest neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.
In addition, 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 Albany Northwest neighborhood may actually hold the key. 68.2% of its residents are married, which is a higher percentage than is found in 96.5% of the neighborhoods in America.
Owner-occupied real estate dominates the Albany Northwest neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 97.3% of neighborhoods in America.
In addition, the Albany Northwest neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.6% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 96.9% of all neighborhoods in America.
Did you know that the Albany Northwest neighborhood has more Finnish and Danish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Finnish ancestry and 2.2% have Danish ancestry.
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 Albany Northwest neighborhood in Albany 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 90.1% of the neighborhoods in America. In addition, 2.4% 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 74.0% 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 Albany Northwest neighborhood, 52.4% 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 21.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.9%), and 11.6% in manufacturing and laborer occupations.
The most common language spoken in the Albany Northwest neighborhood is English, spoken by 92.3% of households. Some people also speak Spanish (2.2%).
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 Albany Northwest neighborhood in Albany, OR, residents most commonly identify their ethnicity or ancestry as German (18.7%). There are also a number of people of English ancestry (16.1%), and residents who report Irish roots (8.7%), and some of the residents are also of Italian ancestry (5.1%), along with some Asian ancestry residents (5.0%), among others.
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 Albany Northwest neighborhood spend between 15 and 30 minutes commuting one-way to work (51.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (69.9%) 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 (10.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.