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Real Estate Prices & Overview

Fremont North median real estate price is $1,149,688, which is more expensive than 86.1% of the neighborhoods in Washington and 92.4% of the neighborhoods in the U.S.

The average rental price in Fremont North is currently $2,981, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.4% of the neighborhoods in Washington.

Fremont North is a densely urban neighborhood (based on population density) located in Seattle, Washington.

Fremont North 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 townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Fremont North neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

In Fremont North, the current vacancy rate is 1.7%, which is a lower rate of vacancies than 87.5% of all neighborhoods in the U.S. This means that the housing supply in Fremont North is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 Seattle, the Fremont North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Fremont North neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 76.8% of the adults living in the Fremont North neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 96.6% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Also, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Fremont North neighborhood: a neighborhood in which more "urban sophisticates" live than 96.2% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals.

Modes of Transportation

If you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 1.7% of the Fremont North neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 99.3% of America's neighborhoods.

Also, our research revealed that more commuters here take the bus to work (22.0% ride the bus) than 99.1% 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.

Finally, in the Fremont North neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 40.2% 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 99.0% 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.

Occupations

Executives, managers and professionals make up 76.6% of the workforce in the Fremont North neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 98.0% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Diversity

Did you know that the Fremont North neighborhood has more Czechoslovakian and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.3% of this neighborhood's residents have Czechoslovakian ancestry and 3.0% have Welsh ancestry.

Fremont North is also pretty special linguistically. Significantly, 0.1% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 95.7% of the neighborhoods in America.

Migration / Stability

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 Fremont North neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.8% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Fremont North neighborhood in Seattle are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.2% 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.

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 Fremont North neighborhood, 76.6% 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 14.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (6.2%), and 2.9% in manufacturing and laborer occupations.

Languages

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 Fremont North neighborhood is English, spoken by 90.3% of households. Other important languages spoken here include Spanish and Chinese.

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 Fremont North neighborhood in Seattle, WA, residents most commonly identify their ethnicity or ancestry as German (21.6%). There are also a number of people of Irish ancestry (15.3%), and residents who report English roots (12.4%), and some of the residents are also of Asian ancestry (10.0%), along with some Italian ancestry residents (6.8%), among others.

Getting to Work

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 Fremont North neighborhood spend between 15 and 30 minutes commuting one-way to work (36.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (25.6%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (22.0%) and 5.2% 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.


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