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Real Estate Prices & Overview

Periwinkle median real estate price is $398,454, which is less expensive than 72.5% of Oregon neighborhoods and 42.3% of all U.S. neighborhoods.

The average rental price in Periwinkle is currently $1,854, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.2% of Oregon neighborhoods.

Periwinkle is an urban neighborhood (based on population density) located in Albany, Oregon.

Periwinkle real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Periwinkle 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.

Real estate vacancies in Periwinkle are 3.1%, which is lower than one will find in 79.7% of American neighborhoods. Demand for real estate in Periwinkle 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

With a nice mix of college students, safety from crime, and decent walkability, the Periwinkle neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 88.8% of the neighborhoods in OR. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the Periwinkle neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.6% of this neighborhood's residents have African ancestry and 15.6% have Sub-Saharan African ancestry.

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 Periwinkle neighborhood in Albany are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 42.2% of the neighborhoods in America. With 19.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.2% of U.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 Periwinkle neighborhood, 31.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 24.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.4%), and 21.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Periwinkle neighborhood is English, spoken by 88.3% of households. Some people also speak Spanish (11.4%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Periwinkle neighborhood in Albany, OR, residents most commonly identify their ethnicity or ancestry as German (18.2%). There are also a number of people of Sub-Saharan African ancestry (15.6%), and residents who report African roots (15.6%), and some of the residents are also of English ancestry (13.2%), along with some Mexican ancestry residents (11.5%), 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 Periwinkle neighborhood spend under 15 minutes commuting one-way to work (37.1% of working residents), one of the shortest commutes across America.

Here most residents (81.8%) 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 (8.8%) . 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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Crime includes:
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Schools include:
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