Mount Olivet Northeast median real estate price is $62,828, which is less expensive than 95.6% of Michigan neighborhoods and 98.4% of all U.S. neighborhoods.
The average rental price in Mount Olivet Northeast is currently $1,737, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.9% of the neighborhoods in Michigan.
Mount Olivet Northeast is an urban neighborhood (based on population density) located in Detroit, Michigan.
Mount Olivet Northeast 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 Mount Olivet Northeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Mount Olivet Northeast. The current real estate vacancy rate here is 21.7%. This is higher than the rate of vacancies in 89.6% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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 Detroit, the Mount Olivet Northeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
NeighborhoodScout's exclusive research identifies the Mount Olivet Northeast neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 56.5% of its working residents employed in such fields, which is a higher proportion than 99.7% of American neighborhoods.
In the Mount Olivet Northeast neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 34.1% of commuters carpool here, which is more than in 99.4% of all U.S. neighborhoods.
Single parenting is hard. But you don't have to tell the Mount Olivet Northeast neighborhood about it; they already know. 26.7% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.1% 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 Mount Olivet Northeast neighborhood is unique for having just 4.3% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.8% of America's neighborhoods.
Also, the Mount Olivet Northeast neighborhood has a greater percentage of children living in poverty (53.6%) than found in 95.4% 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.
Some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Mount Olivet Northeast neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 95.3% of all American neighborhoods.
Did you know that the Mount Olivet Northeast neighborhood has more Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.4% of this neighborhood's residents have Arab ancestry.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. More residents of the Mount Olivet Northeast neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.3% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
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 Mount Olivet Northeast neighborhood in Detroit are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.5% of U.S. neighborhoods. With 53.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.4% 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 Mount Olivet Northeast neighborhood, 56.5% of the working population is employed in manufacturing and laborer 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 26.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.8%), and 6.5% in executive, management, and professional occupations.
The most common language spoken in the Mount Olivet Northeast neighborhood is English, spoken by 99.5% of households. Some people also speak Polish (2.2%).
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 Mount Olivet Northeast neighborhood in Detroit, MI, residents most commonly identify their ethnicity or ancestry as Arab (4.4%). There are also a number of people of French ancestry (1.4%).
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 Mount Olivet Northeast neighborhood spend between 15 and 30 minutes commuting one-way to work (58.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (59.2%) 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 (34.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.