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Real Estate Prices & Overview

Palama / Liliha median real estate price is $1,072,745, which is more expensive than 53.3% of the neighborhoods in Hawaii and 92.0% of the neighborhoods in the U.S.

The average rental price in Palama / Liliha is currently $2,333, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.9% of Hawaii neighborhoods.

Palama / Liliha is a densely urban neighborhood (based on population density) located in Honolulu, Hawaii.

Palama / Liliha real estate is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Palama / Liliha neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Palama / Liliha has a 10.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.8% 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 Honolulu, the Palama / Liliha neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research shows that more people carpool to work here in the Palama / Liliha (37.4%) than in 99.7% of the neighborhoods in America.

Also, more people ride the bus in this neighborhood each day to get to work than 97.4% of U.S. neighborhoods.

Real Estate

If you like crowded places, then you will probably enjoy the the Palama / Liliha neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.3% of neighborhoods in the U.S., with 25,895 people per square mile living here.

Occupations

With 1.8% of employed workers living in the Palama / Liliha neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 96.0% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

People

With a nice mix of college students, safety from crime, and decent walkability, the Palama / Liliha neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 85.7% of the neighborhoods in HI. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the Palama / Liliha neighborhood has more Asian and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 69.2% of this neighborhood's residents have Asian ancestry and 10.0% have Puerto Rican ancestry.

Palama / Liliha is also pretty special linguistically. Significantly, 14.5% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Palama / Liliha neighborhood has a greater percentage of residents born in another country (55.0%) than are found in 98.6% of all U.S. neighborhoods.

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 Palama / Liliha neighborhood in Honolulu are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 41.8% of the neighborhoods in America. With 30.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.1% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Palama / Liliha neighborhood, 34.7% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 23.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.3%), and 16.3% in clerical, assistant, and tech support 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 Palama / Liliha neighborhood is English, spoken by 33.5% of households. Other important languages spoken here include Chinese, Tagalog (the first language of the Philippine region) and Vietnamese.

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 Palama / Liliha neighborhood in Honolulu, HI, residents most commonly identify their ethnicity or ancestry as Asian (69.2%). There are also a number of people of Puerto Rican ancestry (10.0%). In addition, 55.0% of the residents of this neighborhood were born in another country.

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 Palama / Liliha neighborhood spend between 15 and 30 minutes commuting one-way to work (45.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (39.0%) 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 (37.4%) and 15.4% of residents also ride the bus 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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