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Real Estate Prices & Overview

Meeks Bay / Echo Lake median real estate price is $873,301, which is more expensive than 51.1% of the neighborhoods in California and 87.3% of the neighborhoods in the U.S.

The average rental price in Meeks Bay / Echo Lake is currently $2,681, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 68.9% of California neighborhoods.

Meeks Bay / Echo Lake is a remote neighborhood (based on population density) located in Tahoma, California.

Meeks Bay / Echo Lake 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 Meeks Bay / Echo Lake neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Meeks Bay / Echo Lake. The current real estate vacancy rate here is 94.1%. This is higher than the rate of vacancies in 100.0% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (91.0%). 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

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 Tahoma, the Meeks Bay / Echo Lake neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Meeks Bay / Echo Lake neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, if you are planning to retire in California, this neighborhood should be on your must-see list. For many reasons, Meeks Bay / Echo Lake may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in California, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.1% of neighborhoods in CA. If a California retirement is in your future, this neighborhood should be one of the places you visit.

Real Estate

Despite all of the residential real estate here in the Meeks Bay / Echo Lake neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 94.1%, which is higher than 100.0% of all U.S. neighborhoods.

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 4 people per square mile living here, this neighborhood is less crowded than 98.5% of America.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Meeks Bay / Echo Lake neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Meeks Bay / Echo Lake neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 71.4% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 98.7% of U.S. neighborhoods. Less time commuting means more time for other things in life.

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 Meeks Bay / Echo Lake neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 4.7% of the workforce so employed, this neighborhood has a greater concentration of such workers than 96.6% of U.S. neighborhoods.

Diversity

Did you know that the Meeks Bay / Echo Lake neighborhood has more English and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 48.5% of this neighborhood's residents have English ancestry and 5.1% have Ukrainian ancestry.

Meeks Bay / Echo Lake is also pretty special linguistically. Significantly, 7.7% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 98.7% 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 Meeks Bay / Echo Lake neighborhood in Tahoma are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 64.9% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Meeks Bay / Echo Lake neighborhood, 62.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 28.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (4.7%), and 4.7% in farming, forestry, or commercial fishing.

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 Meeks Bay / Echo Lake neighborhood is English, spoken by 83.0% of households. Other important languages spoken here include French, Spanish, Polish and Chinese.

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 Meeks Bay / Echo Lake neighborhood in Tahoma, CA, residents most commonly identify their ethnicity or ancestry as English (48.5%). There are also a number of people of Italian ancestry (30.2%), and residents who report German roots (26.8%), and some of the residents are also of Spanish ancestry (9.4%), along with some Mexican ancestry residents (9.4%), among others. In addition, 11.9% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Meeks Bay / Echo Lake neighborhood spend under 15 minutes commuting one-way to work (71.4% of working residents), one of the shortest commutes across America.

Here most residents (70.7%) 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 (9.8%) . 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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