Riverside / Downtown Spokane median real estate price is $583,991, which is more expensive than 44.1% of the neighborhoods in Washington and 66.1% of the neighborhoods in the U.S.
The average rental price in Riverside / Downtown Spokane is currently $887, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.5% of Washington neighborhoods.
Riverside / Downtown Spokane is an urban neighborhood (based on population density) located in Spokane, Washington.
Riverside / Downtown Spokane 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Riverside / Downtown Spokane neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Riverside / Downtown Spokane. The current real estate vacancy rate here is 18.8%. This is higher than the rate of vacancies in 85.2% 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.
People
Astoundingly, the Riverside / Downtown Spokane neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 99.9% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Spokane neighborhood.
In addition, the Riverside / Downtown Spokane neighborhood stands out for having an average per capita income lower than 99.8% of the neighborhoods in the United States. The Riverside / Downtown Spokane neighborhood also has a greater percentage of children living in poverty (60.6%) than found in 97.0% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
Modes of Transportation
In the Riverside / Downtown Spokane neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 36.8% of residents here. This is a higher proportion of walking commuters than we found in 99.4% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Also, our research revealed that more commuters here take the bus to work (15.9% ride the bus) than 97.6% 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.
Real Estate
The Riverside / Downtown Spokane 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 96.0% 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.
In addition, one of the really unique and interesting things about the look and setting of the Riverside / Downtown Spokane neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 95.1% 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 99.0% of all neighborhoods in America.
Furthermore, renter-occupied real estate is dominant in the Riverside / Downtown Spokane neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 96.1%, which is higher than 98.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Car Ownership
American households most often have a car, and regularly they have two or three. But households in the Riverside / Downtown Spokane neighborhood buck this trend. 33.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.6% of U.S. neighborhoods.
Migration / Stability
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Riverside / Downtown Spokane neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.1% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Diversity
Did you know that the Riverside / Downtown Spokane neighborhood has more Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.1% of this neighborhood's residents have Ukrainian ancestry.
Riverside / Downtown Spokane is also pretty special linguistically. Significantly, 0.4% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 97.7% of the neighborhoods in America.
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 Riverside / Downtown Spokane neighborhood in Spokane are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.8% of U.S. neighborhoods. With 60.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.0% 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 Riverside / Downtown Spokane neighborhood, 37.1% 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 34.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.2%), and 9.3% in manufacturing and laborer occupations.
Languages
The most common language spoken in the Riverside / Downtown Spokane neighborhood is English, spoken by 92.0% of households. Some people also speak Spanish (3.7%).
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 Riverside / Downtown Spokane neighborhood in Spokane, WA, residents most commonly identify their ethnicity or ancestry as Irish (19.9%). There are also a number of people of German ancestry (18.7%), and residents who report English roots (14.5%), and some of the residents are also of Norwegian ancestry (4.8%), along with some Mexican ancestry residents (4.8%), among others.
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 Riverside / Downtown Spokane neighborhood spend under 15 minutes commuting one-way to work (42.9% of working residents), one of the shortest commutes across America.
Here most residents (36.8%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (31.5%) and 15.9% of residents also ride the bus 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.
