Riverside / Downtown Spokane median real estate price is $648,838, which is more expensive than 44.6% of the neighborhoods in Washington and 67.0% of the neighborhoods in the U.S.
The average rental price in Riverside / Downtown Spokane is currently $927, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.5% of Washington neighborhoods.
Riverside / Downtown Spokane is an urban neighborhood (based on population density) located in Spokane, Washington.
Riverside / Downtown Spokane 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 Riverside / Downtown Spokane 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.
Vacant apartments or homes are a major fact of life in Riverside / Downtown Spokane. The current real estate vacancy rate here is 18.8%. This is higher than the rate of vacancies in 85.2% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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
Astoundingly, the Riverside / Downtown Spokane neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 99.9% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Spokane neighborhood.
In addition, one of the unique characteristics of the Riverside / Downtown Spokane neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.8% of the neighborhoods in America. The Riverside / Downtown Spokane neighborhood also has a greater percentage of children living in poverty (60.6%) than found in 97.0% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
Modes of Transportation
In the Riverside / Downtown Spokane neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 36.8% of residents here. This is a higher proportion of walking commuters than we found in 99.4% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Also, our research revealed that more commuters here take the bus to work (15.9% ride the bus) than 97.6% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Real Estate
The Riverside / Downtown Spokane 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 96.0% 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.
In addition, the real estate in the Riverside / Downtown Spokane 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, 95.1% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.0% of American neighborhoods.
Furthermore, 96.1% of the real estate in the Riverside / Downtown Spokane neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Car Ownership
American households most often have a car, and regularly they have two or three. But households in the Riverside / Downtown Spokane neighborhood buck this trend. 33.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.6% of U.S. neighborhoods.
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 Riverside / Downtown Spokane neighborhood. In the Riverside / Downtown Spokane neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.1% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Diversity
Did you know that the Riverside / Downtown Spokane neighborhood has more Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.1% of this neighborhood's residents have Ukrainian ancestry.
Riverside / Downtown Spokane is also pretty special linguistically. Significantly, 0.4% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 97.7% of the neighborhoods in America.
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 Riverside / Downtown Spokane neighborhood in Spokane are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.8% of U.S. neighborhoods. With 60.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.0% 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 Riverside / Downtown Spokane neighborhood, 37.1% 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 34.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.2%), and 9.3% in manufacturing and laborer occupations.
Languages
The most common language spoken in the Riverside / Downtown Spokane neighborhood is English, spoken by 92.0% of households. Some people also speak Spanish (3.7%).
Ethnicity / Ancestry
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 Riverside / Downtown Spokane neighborhood in Spokane, WA, residents most commonly identify their ethnicity or ancestry as Irish (19.9%). There are also a number of people of German ancestry (18.7%), and residents who report English roots (14.5%), and some of the residents are also of Norwegian ancestry (4.8%), along with some Mexican ancestry residents (4.8%), among others.
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 Riverside / Downtown Spokane neighborhood spend under 15 minutes commuting one-way to work (42.9% of working residents), one of the shortest commutes across America.
Here most residents (36.8%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (31.5%) and 15.9% of residents also ride the bus for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.
