Independence Park median real estate price is $292,491, which is more expensive than 29.5% of the neighborhoods in Alaska and 39.0% of the neighborhoods in the U.S.
The average rental price in Independence Park is currently $1,928, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.4% of Alaska neighborhoods.
Independence Park is an urban neighborhood (based on population density) located in Anchorage, Alaska.
Independence Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Independence Park 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 6.6% in Independence Park. NeighborhoodScout analysis shows that this rate is lower than 56.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
In a nation where 1 out of every 4 children lives in poverty, the Independence Park neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, with a nice mix of college students, safety from crime, and decent walkability, the Independence Park neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 86.4% of the neighborhoods in AK. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
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 Independence Park neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 20.4% of its workforce, this neighborhood has a greater concentration of government workers than 99.0% of U.S. neighborhoods.
Most neighborhoods are composed of a mixture of ages of homes, but the Independence Park stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 88.2% of the residential real estate here was built in this one time period.
Our research shows that more people carpool to work here in the Independence Park (25.3%) than in 97.2% of the neighborhoods in America.
Did you know that the Independence Park neighborhood has more Native American and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.5% of this neighborhood's residents have Native American ancestry and 2.6% have Portuguese ancestry.
Independence Park is also pretty special linguistically. Significantly, 8.6% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 99.3% of the neighborhoods in America.
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 Independence Park neighborhood in Anchorage are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.8% 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.
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 Independence Park neighborhood, 38.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.0% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (20.4%), and 19.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 Independence Park neighborhood is English, spoken by 76.4% of households. Other important languages spoken here include Tagalog (the first language of the Philippine region), Korean and Spanish.
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 Independence Park neighborhood in Anchorage, AK, residents most commonly identify their ethnicity or ancestry as Irish (18.4%). There are also a number of people of English ancestry (15.6%), and residents who report Asian roots (14.9%), and some of the residents are also of German ancestry (10.2%), along with some Italian ancestry residents (8.9%), among others. In addition, 18.0% of the residents of this neighborhood were born in another country.
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 Independence Park neighborhood spend between 15 and 30 minutes commuting one-way to work (64.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (65.7%) 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 (25.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.