Mound Rd / 8 Mile Rd median real estate price is $206,022, which is less expensive than 67.3% of Michigan neighborhoods and 79.0% of all U.S. neighborhoods.
Average rental prices in the Mound Rd / 8 Mile Rd neighborhood are currently unreported, based on NeighborhoodScout's exclusive analysis.
Mound Rd / 8 Mile Rd is a remote neighborhood (based on population density) located in Warren, Michigan.
Mound Rd / 8 Mile Rd real estate is primarily made up of . Most of the residential real estate is renter occupied. Many of the residences in the Mound Rd / 8 Mile Rd 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 1970 and 1999.
In Mound Rd / 8 Mile Rd, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Mound Rd / 8 Mile Rd is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
With a real estate vacancy rate of only 0.0%, the Mound Rd / 8 Mile Rd neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
In addition, unpopulated, and rural, the Mound Rd / 8 Mile Rd neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 96.8% of the neighborhoods in America. One of the notable things about Mound Rd / 8 Mile Rd is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.
Of note is NeighborhoodScout's research finding that the Mound Rd / 8 Mile Rd neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Mound Rd / 8 Mile Rd community truly stands out from the rest in this regard.
In addition, neighborhoodScout's exclusive research revealed that 100.0% of the adult residents in the Mound Rd / 8 Mile Rd neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 100.0% of the neighborhoods in America.
More people ride the bus in this neighborhood each day to get to work than 100.0% of U.S. neighborhoods.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Mound Rd / 8 Mile Rd neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 100.0% of all American neighborhoods.
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. In the Mound Rd / 8 Mile Rd neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 100.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Significantly, 21.9% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.
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 Mound Rd / 8 Mile Rd neighborhood in Warren are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. In addition, 0.0% 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 100.0% of America'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 Mound Rd / 8 Mile Rd neighborhood, 100.0% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Mound Rd / 8 Mile Rd neighborhood is English, spoken by 100.0% of households. Some people also speak Polish (21.9%).
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 Mound Rd / 8 Mile Rd neighborhood in Warren, MI, residents most commonly identify their ethnicity or ancestry as Spanish (0.0%).
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 Mound Rd / 8 Mile Rd neighborhood spend between 30 and 45 minutes commuting one-way to work (100.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (100.0%) ride the bus to get to work. The bus provides a valuable service in the Mound Rd / 8 Mile Rd neighborhood of Warren by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.