Peaceful Valley / West Spokane median real estate price is $498,176, which is less expensive than 68.4% of Washington neighborhoods and 43.4% of all U.S. neighborhoods.
The average rental price in Peaceful Valley / West Spokane is currently $1,632, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 85.0% of Washington neighborhoods.
Peaceful Valley / West Spokane is a suburban neighborhood (based on population density) located in Spokane, Washington.
Peaceful Valley / West Spokane 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Peaceful Valley / West Spokane neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.
Real estate vacancies in Peaceful Valley / West Spokane are 4.1%, which is lower than one will find in 71.3% of American neighborhoods. Demand for real estate in Peaceful Valley / West Spokane 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 Spokane, the Peaceful Valley / West Spokane neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Divorcees may find friendship and understanding in this neighborhood, as 25.6% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 99.2% of the neighborhoods in America.
In addition, an extraordinary 13.5% of the residents of the Peaceful Valley / West Spokane neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
Also, one of the unique characteristics of the Peaceful Valley / West Spokane neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.7% of the neighborhoods in America.
More people ride the bus in this neighborhood each day to get to work than 97.8% of U.S. neighborhoods.
The real estate in the Peaceful Valley / West Spokane 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, 73.2% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 95.6% of American neighborhoods.
Did you know that the Peaceful Valley / West Spokane neighborhood has more Irish and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.3% of this neighborhood's residents have Irish ancestry and 4.0% have Arab ancestry.
Peaceful Valley / West Spokane is also pretty special linguistically. Significantly, 0.6% 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 95.6% 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 Peaceful Valley / West Spokane neighborhood in Spokane are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.7% of U.S. neighborhoods. With 32.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 84.3% 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 Peaceful Valley / West Spokane neighborhood, 48.0% 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 21.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.7%), and 10.7% in manufacturing and laborer occupations.
The most common language spoken in the Peaceful Valley / West Spokane neighborhood is English, spoken by 87.8% of households.
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 Peaceful Valley / West Spokane neighborhood in Spokane, WA, residents most commonly identify their ethnicity or ancestry as Irish (26.3%). There are also a number of people of German ancestry (23.0%), and residents who report English roots (7.3%), and some of the residents are also of Mexican ancestry (6.6%), along with some Scottish ancestry residents (5.3%), among others.
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 Peaceful Valley / West Spokane neighborhood spend under 15 minutes commuting one-way to work (41.8% of working residents), one of the shortest commutes across America.
Here most residents (62.0%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (15.8%) and 11.1% of residents also carpool with coworkers, friends, or neighbors 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.