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Real Estate Prices & Overview

Hilo East median real estate price is $454,294, which is less expensive than 89.6% of Hawaii neighborhoods and 48.0% of all U.S. neighborhoods.

The average rental price in Hilo East is currently $1,858, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 95.4% of Hawaii neighborhoods.

Hilo East is a suburban neighborhood (based on population density) located in Hilo, Hawaii. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Hilo East real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Hilo East 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.

Hilo East has a 10.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.1% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 Hilo, the Hilo East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Hilo East neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Hilo East is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

People

Single parenting is hard. But you don't have to tell the Hilo East neighborhood about it; they already know. 20.2% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 97.1% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

In addition, the Hilo East neighborhood has a greater percentage of children living in poverty (60.2%) 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 Hilo East neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 24.9% of commuters carpool here, which is more than in 96.9% of all U.S. neighborhoods.

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 Hilo East neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 4.2% of the workforce so employed, this neighborhood has a greater concentration of such workers than 96.2% of U.S. neighborhoods.

Furthermore, there are more people living in the Hilo East neighborhood employed as sales and service workers (62.3%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

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 Hilo East neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Hilo East neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 59.7% 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 96.0% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the Hilo East neighborhood has more Iranian and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have Iranian ancestry and 4.0% have Portuguese ancestry.

Hilo East is also pretty special linguistically. Significantly, 5.9% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 99.8% 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 Hilo East neighborhood in Hilo are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 86.1% of U.S. neighborhoods. With 60.2% 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.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Hilo East neighborhood, 39.0% 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 37.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.4%), and 11.6% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Hilo East neighborhood is English, spoken by 80.9% of households. Some people also speak Japanese (5.9%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Hilo East neighborhood in Hilo, HI, residents most commonly identify their ethnicity or ancestry as Asian (30.2%). There are also a number of people of Puerto Rican ancestry (10.0%), and residents who report English roots (10.0%), and some of the residents are also of Mexican ancestry (5.1%), along with some Portuguese ancestry residents (4.0%), among others. In addition, 11.8% 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 Hilo East neighborhood spend under 15 minutes commuting one-way to work (59.7% of working residents), one of the shortest commutes across America.

Here most residents (58.9%) 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 (24.9%) and 5.9% of residents also hop out the door and walk to work for their daily commute. 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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