Punchbowl Area South median real estate price is $516,240, which is less expensive than 89.2% of Hawaii neighborhoods and 35.4% of all U.S. neighborhoods.
The average rental price in Punchbowl Area South is currently $2,597, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.8% of Hawaii neighborhoods.
Punchbowl Area South is a densely urban neighborhood (based on population density) located in Honolulu, Hawaii.
Punchbowl Area South 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 occupied by a mixture of owners and renters. Many of the residences in the Punchbowl Area South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Punchbowl Area South are 3.1%, which is lower than one will find in 78.3% of American neighborhoods. Demand for real estate in Punchbowl Area South 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.
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 Honolulu, the Punchbowl Area South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Punchbowl Area South neighborhood has a greater proportion of government workers living in it than 98.9% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.
Furthermore, with 3.1% of employed workers living in the Punchbowl Area South neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 97.6% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
The Punchbowl Area South neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 44,796 persons per square mile in the neighborhood, it is more packed with people than 98.2% of the nation's neighborhoods.
In addition, the real estate in the Punchbowl Area South 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, 88.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.0% of American neighborhoods.
Furthermore, the Punchbowl Area South 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 82.6% 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.
One of the most interesting things about the Punchbowl Area South neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 56.0% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 97.8% of the neighborhoods in America.
More people in Punchbowl Area South choose to walk to work each day (13.3%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Did you know that the Punchbowl Area South neighborhood has more Portuguese and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.1% of this neighborhood's residents have Portuguese ancestry and 41.1% have Asian ancestry.
Punchbowl Area South is also pretty special linguistically. Significantly, 4.2% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 99.6% of the neighborhoods in America.
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 Punchbowl Area South neighborhood in Honolulu are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.0% of U.S. neighborhoods. In addition, 7.3% 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 57.1% of America's neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Punchbowl Area South neighborhood, 43.9% 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 31.9% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (19.5%), and 12.5% 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 Punchbowl Area South neighborhood is English, spoken by 69.5% of households. Other important languages spoken here include Korean, Chinese, Japanese and Vietnamese.
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 Punchbowl Area South neighborhood in Honolulu, HI, residents most commonly identify their ethnicity or ancestry as Asian (41.1%). There are also a number of people of English ancestry (6.5%), and residents who report Irish roots (5.4%), and some of the residents are also of Portuguese ancestry (5.1%), along with some German ancestry residents (4.5%), among others. In addition, 23.3% 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 Punchbowl Area South neighborhood spend between 15 and 30 minutes commuting one-way to work (36.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (49.0%) 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 (21.6%) and 13.3% 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.