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Real Estate Prices & Overview

S Old US Highway 23 / Spencer Rd median real estate price is $444,738, which is more expensive than 72.8% of the neighborhoods in Michigan and 54.3% of the neighborhoods in the U.S.

The average rental price in S Old US Highway 23 / Spencer Rd is currently $2,816, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.1% of the neighborhoods in Michigan.

S Old US Highway 23 / Spencer Rd is a rural neighborhood (based on population density) located in Brighton, Michigan.

S Old US Highway 23 / Spencer Rd real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the S Old US Highway 23 / Spencer Rd 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.

Real estate vacancies in S Old US Highway 23 / Spencer Rd are 4.6%, which is lower than one will find in 69.1% of American neighborhoods. Demand for real estate in S Old US Highway 23 / Spencer Rd 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

According to NeighborhoodScout's exclusive analysis, S Old US Highway 23 / Spencer Rd is among the best neighborhoods for families in Michigan. In fact, this neighborhood is more family-friendly than 96.6% of neighborhoods in the entire state of Michigan. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the S Old US Highway 23 / Spencer Rd neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.

Diversity

Did you know that the S Old US Highway 23 / Spencer Rd neighborhood has more Finnish and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.7% of this neighborhood's residents have Finnish ancestry and 2.4% have Ukrainian ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the S Old US Highway 23 / Spencer Rd neighborhood in Brighton are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 87.4% of the neighborhoods in America. In addition, 2.1% 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 74.6% 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 S Old US Highway 23 / Spencer Rd neighborhood, 44.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 24.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.7%), and 7.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the S Old US Highway 23 / Spencer Rd neighborhood is English, spoken by 88.7% of households.

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 S Old US Highway 23 / Spencer Rd neighborhood in Brighton, MI, residents most commonly identify their ethnicity or ancestry as German (21.6%). There are also a number of people of Irish ancestry (16.7%), and residents who report Polish roots (12.8%), and some of the residents are also of English ancestry (10.7%), along with some Italian ancestry residents (8.3%), among others.

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 S Old US Highway 23 / Spencer Rd neighborhood spend under 15 minutes commuting one-way to work (40.0% of working residents), one of the shortest commutes across America.

Here most residents (76.4%) drive alone in a private automobile to get to work. 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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