McFarland East median real estate price is $492,073, which is more expensive than 87.3% of the neighborhoods in Wisconsin and 65.3% of the neighborhoods in the U.S.
The average rental price in McFarland East is currently $2,392, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 97.2% of the neighborhoods in Wisconsin.
McFarland East is a rural neighborhood (based on population density) located in McFarland, Wisconsin.
McFarland East real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the McFarland East neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In McFarland East, 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 McFarland East 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 McFarland, the McFarland East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the McFarland East neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
The McFarland East neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 94.0% of Wisconsin neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates.
Did you know that the McFarland East neighborhood has more Swiss and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.1% of this neighborhood's residents have Swiss ancestry and 4.4% have Greek ancestry.
McFarland East is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 97.0% 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 McFarland East neighborhood in McFarland 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 86.5% of the neighborhoods in America. In addition, 0.7% 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 79.7% 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 McFarland East neighborhood, 59.2% 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 17.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.7%), and 10.1% in manufacturing and laborer occupations.
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 McFarland East neighborhood is English, spoken by 94.4% of households. Other important languages spoken here include Italian and Polish.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the McFarland East neighborhood in McFarland, WI, residents most commonly identify their ethnicity or ancestry as German (42.3%). There are also a number of people of Irish ancestry (17.6%), and residents who report English roots (14.5%), and some of the residents are also of Norwegian ancestry (9.7%), along with some Polish ancestry residents (6.0%), among others.
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 McFarland East neighborhood spend between 15 and 30 minutes commuting one-way to work (52.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (75.5%) 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 (9.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.