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Real Estate Prices & Overview

Foy median real estate price is $569,506, which is more expensive than 48.7% of the neighborhoods in Washington and 73.2% of the neighborhoods in the U.S.

The average rental price in Foy is currently $2,522, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.2% of Washington neighborhoods.

Foy is a densely urban neighborhood (based on population density) located in Seattle, Washington.

Foy real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Foy neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Real estate vacancies in Foy are 3.3%, which is lower than one will find in 78.3% of American neighborhoods. Demand for real estate in Foy 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.

Notable & Unique Neighborhood Characteristics

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.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 98.6% of U.S. neighborhoods.

People

The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 58.3%. This is a higher percent living alone than we found in 98.5% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

In addition, an extraordinary 11.0% of the residents of the Foy neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Also, the Foy neighborhood stands out within Washington 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 9.9% of college-friendly places to live in WA.

Real Estate

The real estate in the Foy neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 75.8% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.1% of American neighborhoods.

In addition, the Foy neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 82.2% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Furthermore, renter-occupied real estate is dominant in the Foy neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 84.2%, which is higher than 95.1% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Diversity

Did you know that the Foy neighborhood has more Sub-Saharan African and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.9% of this neighborhood's residents have Sub-Saharan African ancestry and 1.5% have Canadian ancestry.

Foy is also pretty special linguistically. Significantly, 1.5% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 98.4% of the neighborhoods in America.

The Neighbors

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 Foy neighborhood in Seattle are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 86.5% of U.S. neighborhoods. With 51.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.6% 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 Foy neighborhood, 34.9% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 34.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.7%), and 14.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Foy neighborhood is English, spoken by 62.3% of households. Other important languages spoken here include Spanish and African languages.

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 Foy neighborhood in Seattle, WA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (25.9%). There are also a number of people of German ancestry (12.3%), and residents who report Asian roots (11.6%), and some of the residents are also of Irish ancestry (10.7%), along with some English ancestry residents (9.2%), among others. In addition, 32.1% of the residents of this neighborhood were born in another country.

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 Foy neighborhood spend between 15 and 30 minutes commuting one-way to work (32.6% 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 ride the bus to get to work (20.3%) and 13.5% of residents also carpool with coworkers, friends, or neighbors 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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