Magnolia Estates median real estate price is $460,258, which is more expensive than 49.0% of the neighborhoods in Oregon and 69.3% of the neighborhoods in the U.S.
The average rental price in Magnolia Estates is currently $2,299, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 40.5% of Oregon neighborhoods.
Magnolia Estates is a suburban neighborhood (based on population density) located in Hillsboro, Oregon.
Magnolia Estates real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Magnolia Estates 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.
In Magnolia Estates, the current vacancy rate is 3.1%, which is a lower rate of vacancies than 80.5% of all neighborhoods in the U.S. This means that the housing supply in Magnolia Estates is very tight compared to the demand for property here.
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.
Magnolia Estates has the amazing distinction of housing more same sex couples living together than 97.4% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.
Our research revealed that more commuters here take the bus to work (12.8% ride the bus) than 96.1% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Did you know that the Magnolia Estates neighborhood has more 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 Finnish ancestry.
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 Magnolia Estates neighborhood in Hillsboro are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 71.9% of the neighborhoods in America. In addition, 6.9% 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 59.6% 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 Magnolia Estates neighborhood, 33.3% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 30.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.8%), and 10.7% in clerical, assistant, and tech support occupations.
The most common language spoken in the Magnolia Estates neighborhood is English, spoken by 60.5% of households. Some people also speak Spanish (37.2%).
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 Magnolia Estates neighborhood in Hillsboro, OR, residents most commonly identify their ethnicity or ancestry as Mexican (34.9%). There are also a number of people of German ancestry (14.3%), and residents who report English roots (9.5%), and some of the residents are also of Irish ancestry (6.9%), along with some Norwegian ancestry residents (4.3%), among others. In addition, 22.7% of the residents of this neighborhood were born in another country.
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 Magnolia Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (31.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (69.6%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (12.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.