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Real Estate Prices & Overview

Matlock median real estate price is $338,981, which is less expensive than 83.1% of Washington neighborhoods and 48.4% of all U.S. neighborhoods.

The average rental price in Matlock is currently $1,101, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.3% of Washington neighborhoods.

Matlock is a remote neighborhood (based on population density) located in Shelton, Washington.

Matlock 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 Matlock 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 Matlock. The current real estate vacancy rate here is 26.5%. This is higher than the rate of vacancies in 92.3% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (17.4%). 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

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.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Matlock neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 4.8% of the workforce so employed, this neighborhood has a greater concentration of such workers than 96.6% of U.S. neighborhoods.

Furthermore, the Matlock neighborhood has a greater proportion of government workers living in it than 95.8% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 95.9% of all neighborhoods in America, with 32.9% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

In addition, 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 17 people per square mile living here, this neighborhood is less crowded than 95.3% of America.

Diversity

Did you know that the Matlock neighborhood has more Swiss and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.4% of this neighborhood's residents have Swiss ancestry and 7.0% have Swedish 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 Matlock neighborhood in Shelton are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.7% of U.S. neighborhoods. With 25.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 75.8% of U.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 Matlock neighborhood, 32.3% 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 23.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.9%), and 19.1% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Matlock neighborhood is English, spoken by 96.1% of households. Some people also speak Italian (2.8%).

Ethnicity / Ancestry

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 Matlock neighborhood in Shelton, WA, residents most commonly identify their ethnicity or ancestry as German (22.3%). There are also a number of people of Irish ancestry (17.2%), and residents who report English roots (11.1%), and some of the residents are also of Swedish ancestry (7.0%), along with some Norwegian ancestry residents (4.3%), 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 Matlock neighborhood spend between 30 and 45 minutes commuting one-way to work (34.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (85.6%) 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 (7.3%) . 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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