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Real Estate Prices & Overview

138th St E / 4th Ave E median real estate price is $415,100, which is less expensive than 74.8% of Washington neighborhoods and 41.0% of all U.S. neighborhoods.

The average rental price in 138th St E / 4th Ave E is currently $2,132, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.0% of Washington neighborhoods.

138th St E / 4th Ave E is a suburban neighborhood (based on population density) located in Tacoma, Washington.

138th St E / 4th Ave E real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the 138th St E / 4th Ave E neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in 138th St E / 4th Ave E are 5.9%, which is lower than one will find in 60.7% of American neighborhoods. Demand for real estate in 138th St E / 4th Ave E 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

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Tacoma, the 138th St E / 4th Ave E neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

The 138th St E / 4th Ave E neighborhood stands out nationally for having a greater proportion of its residents active in the military than 95.4% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Diversity

Did you know that the 138th St E / 4th Ave E neighborhood has more Native American and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.2% of this neighborhood's residents have Native American ancestry and 0.4% have Yugoslav ancestry.

138th St E / 4th Ave E is also pretty special linguistically. Significantly, 3.0% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 97.6% of the neighborhoods in America.

The Neighbors

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 138th St E / 4th Ave E neighborhood in Tacoma are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.9% of the neighborhoods in America. In addition, 8.7% 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 53.9% 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 138th St E / 4th Ave E neighborhood, 25.8% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (25.0%), and 23.5% in executive, management, and professional 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 138th St E / 4th Ave E neighborhood is English, spoken by 89.9% of households. Other important languages spoken here include Korean and Spanish.

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 138th St E / 4th Ave E neighborhood in Tacoma, WA, residents most commonly identify their ethnicity or ancestry as Native American (12.2%). There are also a number of people of German ancestry (11.3%), and residents who report Asian roots (7.0%), and some of the residents are also of Norwegian ancestry (5.3%), along with some English ancestry residents (4.6%), 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 138th St E / 4th Ave E neighborhood spend between 30 and 45 minutes commuting one-way to work (28.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

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 (10.3%) . 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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