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Real Estate Prices & Overview

Grand Rapids North median real estate price is $458,283, which is more expensive than 76.4% of the neighborhoods in Minnesota and 62.1% of the neighborhoods in the U.S.

The average rental price in Grand Rapids North is currently $1,633, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.5% of Minnesota neighborhoods.

Grand Rapids North is a remote neighborhood (based on population density) located in Grand Rapids, Minnesota.

Grand Rapids North real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Grand Rapids North neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Vacant apartments or homes are a major fact of life in Grand Rapids North. The current real estate vacancy rate here is 47.0%. This is higher than the rate of vacancies in 98.4% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (46.7%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Grand Rapids North neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 25.5% of its workforce, this neighborhood has a greater concentration of government workers than 99.7% of U.S. neighborhoods.

Real Estate

Owner-occupied real estate dominates the Grand Rapids North neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 96.8% of neighborhoods in America. Despite all of the residential real estate here in the Grand Rapids North neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 47.0%, which is higher than 98.4% of all U.S. neighborhoods.

In addition, unpopulated, and rural, the Grand Rapids North 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 96.4% of the neighborhoods in America. One of the notable things about Grand Rapids North 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.

People

If you are planning to retire in Minnesota, this neighborhood should be on your must-see list. For many reasons, Grand Rapids North may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Minnesota, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.6% of neighborhoods in MN. If a Minnesota retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for families with school-aged children.

In addition, there is an especially high percentage of incarcerated people (0.7%) living in the Grand Rapids North neighborhood.

Diversity

Did you know that the Grand Rapids North neighborhood has more Finnish and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.5% of this neighborhood's residents have Finnish ancestry and 18.0% have Norwegian ancestry.

The Neighbors

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 Grand Rapids North neighborhood in Grand Rapids are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.4% of the neighborhoods in America. In addition, 5.6% 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 62.6% 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 Grand Rapids North neighborhood, 50.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 25.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.9%), and 13.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Grand Rapids North neighborhood is English, spoken by 97.7% of households. Some people also speak Italian (4.1%).

Ethnicity / Ancestry

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 Grand Rapids North neighborhood in Grand Rapids, MN, residents most commonly identify their ethnicity or ancestry as German (32.2%). There are also a number of people of Norwegian ancestry (18.0%), and residents who report English roots (17.5%), and some of the residents are also of Italian ancestry (9.9%), along with some Irish ancestry residents (9.8%), among others.

Getting to Work

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 Grand Rapids North neighborhood spend between 30 and 45 minutes commuting one-way to work (52.5% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (75.4%) 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 (5.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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