New Tacoma median real estate price is $790,430, which is more expensive than 69.2% of the neighborhoods in Washington and 84.3% of the neighborhoods in the U.S.
The average rental price in New Tacoma is currently $3,348, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.9% of the neighborhoods in Washington.
New Tacoma is a rural neighborhood (based on population density) located in Tacoma, Washington. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
New Tacoma 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 single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the New Tacoma neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
New Tacoma has a 9.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.6% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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 Tacoma, the New Tacoma neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
Do you like a coastal setting? If so, this neighborhood may be to your liking. The New Tacoma neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, New Tacoma is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, the New Tacoma 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 93.3% 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, the real estate in the New Tacoma 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, 87.4% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.8% of American neighborhoods.
Also of note, if you like the look and ambience of new homes and newly built neighborhoods, you will love the New Tacoma neighborhood. A whopping 77.9% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 97.1% of the neighborhoods in the U.S. Everything here just feels new.
People
In a nation where 1 out of every 4 children lives in poverty, the New Tacoma neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, an interesting characteristic about the New Tacoma neighborhood is that there are more incarcerated people living here than 99.5% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.
Occupations
The New Tacoma neighborhood stands out nationally for having a greater proportion of its residents active in the military than 99.4% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.
Diversity
Did you know that the New Tacoma neighborhood has more Canadian and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.5% of this neighborhood's residents have Canadian ancestry and 4.9% have Swedish ancestry.
New Tacoma is also pretty special linguistically. Significantly, 0.7% 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 96.3% of the neighborhoods in America.
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 New Tacoma neighborhood. In the New Tacoma neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.5% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 New Tacoma neighborhood in Tacoma are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 72.6% of the neighborhoods in America. 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.
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 New Tacoma neighborhood, 64.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 13.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.6%), and 10.3% 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 New Tacoma neighborhood is English, spoken by 67.9% of households. Other important languages spoken here include Spanish, Chinese and Langs. of India.
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 New Tacoma neighborhood in Tacoma, WA, residents most commonly identify their ethnicity or ancestry as Mexican (15.1%). There are also a number of people of Asian ancestry (15.1%), and residents who report English roots (9.9%), and some of the residents are also of German ancestry (9.8%), along with some Irish ancestry residents (8.0%), among others. In addition, 39.5% of the residents of this neighborhood were born in another country.
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 New Tacoma neighborhood spend between 15 and 30 minutes commuting one-way to work (44.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (66.5%) 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 (9.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
