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Real Estate Prices & Overview

Shadow Lake median real estate price is $1,082,188, which is more expensive than 83.0% of the neighborhoods in Washington and 91.0% of the neighborhoods in the U.S.

The average rental price in Shadow Lake is currently $2,479, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.5% of Washington neighborhoods.

Shadow Lake is a rural neighborhood (based on population density) located in Maple Valley, Washington.

Shadow Lake real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Shadow Lake 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.

Home and apartment vacancy rates are 6.5% in Shadow Lake. NeighborhoodScout analysis shows that this rate is lower than 55.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

If you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Shadow Lake neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 14.2% executive lifestyle neighborhoods in the state of Washington.

Diversity

Did you know that the Shadow Lake neighborhood has more Armenian and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.7% of this neighborhood's residents have Armenian ancestry and 1.8% have Austrian ancestry.

The Neighbors

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 Shadow Lake neighborhood in Maple Valley 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 90.5% of the neighborhoods in America. With 20.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 69.8% of U.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 Shadow Lake neighborhood, 48.4% 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 26.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.5%), and 11.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Shadow Lake neighborhood is English, spoken by 89.0% of households. Some people also speak Italian (5.1%).

Ethnicity / Ancestry

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 Shadow Lake neighborhood in Maple Valley, WA, residents most commonly identify their ethnicity or ancestry as Irish (14.0%). There are also a number of people of German ancestry (12.2%), and residents who report English roots (8.8%), and some of the residents are also of Asian ancestry (7.4%), along with some Norwegian ancestry residents (4.2%), among others. In addition, 11.6% of the residents of this neighborhood were born in another country.

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 Shadow Lake neighborhood spend between 45 minutes and one hour commuting one-way to work (45.6% of working residents), longer and tougher than most commutes in America.

Here most residents (67.6%) 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 (8.8%) . 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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