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Real Estate Prices & Overview

Midtown median real estate price is $353,497, which is more expensive than 68.9% of the neighborhoods in Michigan and 46.5% of the neighborhoods in the U.S.

The average rental price in Midtown is currently $2,346, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.4% of the neighborhoods in Michigan.

Midtown is an urban neighborhood (based on population density) located in Grand Rapids, Michigan.

Midtown real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Midtown neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 2000 and the present.

Home and apartment vacancy rates are 6.9% in Midtown. NeighborhoodScout analysis shows that this rate is lower than 53.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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

For many reasons, Midtown is rated by NeighborhoodScout as one of the top 0.8% of ideal neighborhoods for first-time home buyers in the state of Michigan. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other MI neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer.

In addition, with more than 1.9% of residents living with a same sex partner, Midtown is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.7% of U.S. neighborhoods.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 4.7% of residents in the Midtown neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.0% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Real Estate

If you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 55.3% of the residential real estate in the Midtown neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.4% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Diversity

Did you know that the Midtown neighborhood has more Dutch and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 17.4% of this neighborhood's residents have Dutch ancestry and 2.3% have Canadian ancestry.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Midtown neighborhood. In the Midtown neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Midtown neighborhood in Grand Rapids are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.7% of U.S. neighborhoods. With 25.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.3% of U.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 Midtown neighborhood, 47.1% 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 19.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.7%), and 15.4% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Midtown neighborhood is English, spoken by 92.9% of households. Some people also speak Spanish (5.4%).

Ethnicity / Ancestry

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 Midtown neighborhood in Grand Rapids, MI, residents most commonly identify their ethnicity or ancestry as Dutch (17.4%). There are also a number of people of German ancestry (12.6%), and residents who report English roots (12.0%), and some of the residents are also of Polish ancestry (11.6%), along with some Irish ancestry residents (8.9%), among others.

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 Midtown neighborhood spend between 15 and 30 minutes commuting one-way to work (42.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (60.1%) 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 (8.8%) and 5.6% 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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