Downtown Northeast median real estate price is $1,494,461, which is more expensive than 94.9% of the neighborhoods in Washington and 96.4% of the neighborhoods in the U.S.
The average rental price in Downtown Northeast is currently $4,304, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.9% of the neighborhoods in Washington.
Downtown Northeast is a densely urban neighborhood (based on population density) located in Bellevue, Washington.
Downtown Northeast 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 renter occupied. Many of the residences in the Downtown Northeast neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 7.6% in Downtown Northeast. NeighborhoodScout analysis shows that this rate is lower than 48.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Bellevue, the Downtown Northeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Of note is NeighborhoodScout's research finding that the Downtown Northeast neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Downtown Northeast community truly stands out from the rest in this regard.
In addition, the rate of college educated adults in the Downtown Northeast neighborhood is a unique characteristic of the neighborhood. 86.2% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 35.0% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 99.2% of all U.S. neighborhoods.
Also, 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: 50.8%. This is a higher percent living alone than we found in 95.8% 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.
Executives, managers and professionals make up 89.4% of the workforce in the Downtown Northeast neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.9% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
The Downtown Northeast 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 97.7% 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 Downtown Northeast 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, 97.1% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.4% of American neighborhoods.
Furthermore, renter-occupied real estate is dominant in the Downtown Northeast neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 95.8%, which is higher than 98.2% 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.
Also of note, the Downtown Northeast neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 34,362 persons per square mile in the neighborhood, it is more packed with people than 97.4% of the nation's neighborhoods.
In the Downtown Northeast neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 40.8% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 99.2% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Also, more people ride the bus in this neighborhood each day to get to work than 97.5% of U.S. neighborhoods.
Finally, in the Downtown Northeast 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 11.4% of residents here. This is a higher proportion of walking commuters than we found in 95.7% of American neighborhoods. Get ready to put on your walking shoes if you move here!
American households most often have a car, and regularly they have two or three. But households in the Downtown Northeast neighborhood buck this trend. 30.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.1% of U.S. neighborhoods.
Did you know that the Downtown Northeast neighborhood has more Brazilian and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.5% of this neighborhood's residents have Brazilian ancestry and 48.4% have Asian ancestry.
Downtown Northeast is also pretty special linguistically. Significantly, 14.0% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 98.6% of the neighborhoods in America.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Downtown Northeast neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.5% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas. What is also interesting to note, is that the Downtown Northeast neighborhood has a greater percentage of residents born in another country (54.4%) than are found in 98.5% of all U.S. neighborhoods.
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 Downtown Northeast neighborhood in Bellevue 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 94.8% 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.
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 Downtown Northeast neighborhood, 89.4% 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 4.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (3.7%), and 2.5% in clerical, assistant, and tech support occupations.
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 Downtown Northeast neighborhood is English, spoken by 45.1% of households. Other important languages spoken here include Chinese, Langs. of India, Spanish and French.
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 Downtown Northeast neighborhood in Bellevue, WA, residents most commonly identify their ethnicity or ancestry as Asian (48.4%). There are also a number of people of Irish ancestry (9.2%), and residents who report Italian roots (6.7%), and some of the residents are also of German ancestry (6.0%), along with some English ancestry residents (5.2%), among others. In addition, 54.4% 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 Downtown Northeast neighborhood spend under 15 minutes commuting one-way to work (29.7% of working residents), one of the shortest commutes across America.
Here most residents (24.6%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (14.9%) and 11.4% of residents also hop out the door and walk to work 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.