Cascade Dr NW / Parkway Dr NW median real estate price is $430,689, which is more expensive than 45.4% of the neighborhoods in Oregon and 69.2% of the neighborhoods in the U.S.
The average rental price in Cascade Dr NW / Parkway Dr NW is currently $1,757, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 52.9% of Oregon neighborhoods.
Cascade Dr NW / Parkway Dr NW is an urban neighborhood (based on population density) located in Salem, Oregon.
Cascade Dr NW / Parkway Dr NW real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Cascade Dr NW / Parkway Dr NW neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Cascade Dr NW / Parkway Dr NW are 4.5%, which is lower than one will find in 72.5% of American neighborhoods. Demand for real estate in Cascade Dr NW / Parkway Dr NW 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.
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 Salem, the Cascade Dr NW / Parkway Dr NW neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Cascade Dr NW / Parkway Dr NW neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 14.0% of its workforce, this neighborhood has a greater concentration of government workers than 96.3% of U.S. neighborhoods.
Furthermore, with 1.3% of employed workers living in the Cascade Dr NW / Parkway Dr NW neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.2% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
The Cascade Dr NW / Parkway Dr NW neighborhood stands out within Oregon for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 6.5% of college-friendly places to live in OR. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for highly educated executives.
Did you know that the Cascade Dr NW / Parkway Dr NW neighborhood has more Belgian and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.7% of this neighborhood's residents have Belgian ancestry and 1.7% have Finnish ancestry.
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 Cascade Dr NW / Parkway Dr NW neighborhood in Salem are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 67.3% of the neighborhoods in America. In addition, 0.6% 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 80.8% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Cascade Dr NW / Parkway Dr NW neighborhood, 48.5% of the working population is employed in executive, management, and professional 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 24.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.7%), and 14.0% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Cascade Dr NW / Parkway Dr NW neighborhood is English, spoken by 88.9% of households. Some people also speak Spanish (7.4%).
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 Cascade Dr NW / Parkway Dr NW neighborhood in Salem, OR, residents most commonly identify their ethnicity or ancestry as German (26.1%). There are also a number of people of English ancestry (12.9%), and residents who report Mexican roots (12.7%), and some of the residents are also of Irish ancestry (8.7%), along with some Norwegian ancestry residents (4.7%), among others.
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 Cascade Dr NW / Parkway Dr NW neighborhood spend between 15 and 30 minutes commuting one-way to work (47.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (94.2%) 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.
Analytics built by: Location, Inc.
Raw data sources: National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
Analytics built by: Location, Inc.
Raw data sources: American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.
Date(s) & Update Frequency: 2020 (latest available). Updated annually. Please note: Unemployment data updated February 2022.
Methodology: Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout's Demographic Data
Analytics built by: Location, Inc.
Raw data sources: 18,000 local law enforcement agencies in the U.S.
Date(s) & Update Frequency: Reflects 2020 calendar year; released from FBI in Sept. 2021 (latest available). Updated annually. Where is 2021 data?
Methodology: Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more about Scout's Crime Data
Analytics built by: Location, Inc.
Methodology: Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more about Scout's School Data
School Details | Grades | Quality Rating Compared to OR* | Quality Rating Compared to Nation* |
---|---|---|---|
Myers Elementary School
2160 Jewel St Nw Salem, OR 97304 |
KG-05 | ||
Walker Middle School
1075 8th St Nw Salem, OR 97304 |
06-08 | ||
Chapman Hill Elementary School
1500 Doaks Ferry Rd Nw Salem, OR 97304 |
KG-05 | ||
Harritt Elementary School
2112 Linwood St Nw Salem, OR 97304 |
KG-05 | ||
Straub Middle School
1920 Wilmington Ave Nw Salem, OR 97304 |
06-08 | ||
West Salem High School
1776 Titan Way Salem, OR 97304 |
09-12 | ||
* 10 is highest |
GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT
SEE ALL SCHOOLSAnalytics built by: Location, Inc.
Raw data sources: U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics.
Methodology: Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Read more
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