Mound Rd / 8 Mile Rd median real estate price is $196,280, which is less expensive than 67.4% of Michigan neighborhoods and 79.7% of all U.S. neighborhoods.
Average rental prices in the Mound Rd / 8 Mile Rd neighborhood are currently unreported, based on NeighborhoodScout's exclusive analysis.
Mound Rd / 8 Mile Rd is a remote neighborhood (based on population density) located in Warren, Michigan.
Mound Rd / 8 Mile Rd real estate is primarily made up of . Most of the residential real estate is renter occupied. Many of the residences in the Mound Rd / 8 Mile Rd 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.
In Mound Rd / 8 Mile Rd, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Mound Rd / 8 Mile Rd is very tight compared to the demand for property here.
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 Warren, the Mound Rd / 8 Mile Rd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
With a real estate vacancy rate of only 0.0%, the Mound Rd / 8 Mile Rd neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
In addition, unpopulated, and rural, the Mound Rd / 8 Mile Rd neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 96.8% of the neighborhoods in America. One of the notable things about Mound Rd / 8 Mile Rd is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.
Of note is NeighborhoodScout's research finding that the Mound Rd / 8 Mile Rd 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 Mound Rd / 8 Mile Rd community truly stands out from the rest in this regard.
In addition, neighborhoodScout's exclusive research revealed that 100.0% of the adult residents in the Mound Rd / 8 Mile Rd neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 100.0% of the neighborhoods in America.
Our research revealed that more commuters here take the bus to work (100.0% ride the bus) than 100.0% 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.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Mound Rd / 8 Mile Rd neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 100.0% of all American neighborhoods.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Mound Rd / 8 Mile Rd neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 100.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Significantly, 21.9% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 99.8% 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 Mound Rd / 8 Mile Rd neighborhood in Warren are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. 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.
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 Mound Rd / 8 Mile Rd neighborhood, 100.0% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Mound Rd / 8 Mile Rd neighborhood is English, spoken by 100.0% of households. Some people also speak Polish (21.9%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Mound Rd / 8 Mile Rd neighborhood in Warren, MI, residents most commonly identify their ethnicity or ancestry as Spanish (0.0%).
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 Mound Rd / 8 Mile Rd neighborhood spend between 30 and 45 minutes commuting one-way to work (100.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (100.0%) ride the bus to get to work. The bus provides a valuable service in the Mound Rd / 8 Mile Rd neighborhood of Warren by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.