NE 47th St / 11th Ave NE median real estate price is $1,709,062, which is more expensive than 96.9% of the neighborhoods in Washington and 97.5% of the neighborhoods in the U.S.
The average rental price in NE 47th St / 11th Ave NE is currently $3,196, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.3% of the neighborhoods in Washington.
NE 47th St / 11th Ave NE is a densely urban neighborhood (based on population density) located in Seattle, Washington.
NE 47th St / 11th Ave NE real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the NE 47th St / 11th Ave NE neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in NE 47th St / 11th Ave NE. The current real estate vacancy rate here is 16.1%. This is higher than the rate of vacancies in 81.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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.
NeighborhoodScout's analysis shows that the NE 47th St / 11th Ave NE neighborhood has a greater concentration of residents currently enrolled in college than 99.2% of the neighborhoods in the U.S. With 46.7% of the population here attending college, this is very much a college-focused neighborhood.
In addition, one of the really interesting characteristics about the NE 47th St / 11th Ave NE neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 4.0% of college-friendly places to live in the state of Washington.
More people in NE 47th St / 11th Ave NE choose to walk to work each day (25.7%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Also, more people ride the bus in this neighborhood each day to get to work than 98.5% of U.S. neighborhoods.
One of the really unique and interesting things about the look and setting of the NE 47th St / 11th Ave NE neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 93.6% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.8% of all neighborhoods in America.
In addition, the NE 47th St / 11th Ave NE neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 40,486 persons per square mile in the neighborhood, it is more packed with people than 98.0% of the nation's neighborhoods.
Furthermore, the NE 47th St / 11th Ave NE neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 90.1% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Also of note, 91.7% of the real estate in the NE 47th St / 11th Ave NE neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the NE 47th St / 11th Ave NE neighborhood has a highly unusual pattern of car ownership. 44.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.4% of U.S. neighborhoods.
The NE 47th St / 11th Ave NE neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 95.9% of the neighborhoods in America. In fact, 71.6% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
Did you know that the NE 47th St / 11th Ave NE neighborhood has more Finnish and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.7% of this neighborhood's residents have Finnish ancestry and 4.4% have British ancestry.
NE 47th St / 11th Ave NE is also pretty special linguistically. Significantly, 22.4% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the NE 47th St / 11th Ave NE neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.3% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 NE 47th St / 11th Ave NE neighborhood in Seattle are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.7% of U.S. neighborhoods. With 43.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.4% of U.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 NE 47th St / 11th Ave NE neighborhood, 71.6% 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 19.8% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (5.1%), and 4.4% 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 NE 47th St / 11th Ave NE neighborhood is English, spoken by 59.1% of households. Other important languages spoken here include Chinese, Langs. of India, Korean and Vietnamese.
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 NE 47th St / 11th Ave NE neighborhood in Seattle, WA, residents most commonly identify their ethnicity or ancestry as Asian (46.9%). There are also a number of people of Finnish ancestry (9.7%), and residents who report German roots (8.4%), and some of the residents are also of British ancestry (4.4%), along with some Mexican ancestry residents (3.8%), among others. In addition, 38.7% 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 NE 47th St / 11th Ave NE neighborhood spend between 15 and 30 minutes commuting one-way to work (37.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (25.7%) hop out the door and walk to work to get to work. In addition, quite a number also ride the bus to get to work (18.8%) and 15.0% of residents also drive alone in a private automobile for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.
