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Real Estate Prices & Overview

NE Sunset Blvd / Duvall Ave NE median real estate price is $1,016,006, which is more expensive than 86.7% of the neighborhoods in Washington and 92.4% of the neighborhoods in the U.S.

The average rental price in NE Sunset Blvd / Duvall Ave NE is currently $2,902, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.1% of the neighborhoods in Washington.

NE Sunset Blvd / Duvall Ave NE is an urban neighborhood (based on population density) located in Renton, Washington.

NE Sunset Blvd / Duvall Ave NE real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the NE Sunset Blvd / Duvall Ave NE neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In NE Sunset Blvd / Duvall Ave NE, 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 NE Sunset Blvd / Duvall Ave NE is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 Renton, the NE Sunset Blvd / Duvall Ave NE neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the NE Sunset Blvd / Duvall Ave NE neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

Diversity

Did you know that the NE Sunset Blvd / Duvall Ave NE neighborhood has more Armenian and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.7% of this neighborhood's residents have Armenian ancestry and 2.7% have British ancestry.

NE Sunset Blvd / Duvall Ave NE is also pretty special linguistically. Significantly, 4.1% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 97.7% of the neighborhoods in America.

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 NE Sunset Blvd / Duvall Ave NE neighborhood in Renton 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 86.2% 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 74.9% 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 NE Sunset Blvd / Duvall Ave NE neighborhood, 48.0% 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 22.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.5%), and 11.2% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the NE Sunset Blvd / Duvall Ave NE neighborhood is English, spoken by 63.8% of households. Other important languages spoken here include Spanish, Chinese, Vietnamese and Tagalog (the first language of the Philippine region).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the NE Sunset Blvd / Duvall Ave NE neighborhood in Renton, WA, residents most commonly identify their ethnicity or ancestry as Asian (27.0%). There are also a number of people of German ancestry (10.6%), and residents who report English roots (9.5%), and some of the residents are also of Irish ancestry (8.2%), along with some Italian ancestry residents (5.8%), among others. In addition, 24.6% of the residents of this neighborhood were born in another country.

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 NE Sunset Blvd / Duvall Ave NE neighborhood spend between 15 and 30 minutes commuting one-way to work (37.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (63.7%) 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 (10.2%) and 7.8% 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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