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Real Estate Prices & Overview

Ala Wai Blvd / Kuamoo St median real estate price is $849,044, which is less expensive than 66.8% of Hawaii neighborhoods and 14.2% of all U.S. neighborhoods.

The average rental price in Ala Wai Blvd / Kuamoo St is currently $2,401, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.5% of Hawaii neighborhoods.

Ala Wai Blvd / Kuamoo St is a densely urban neighborhood (based on population density) located in Honolulu, Hawaii.

Ala Wai Blvd / Kuamoo St 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Ala Wai Blvd / Kuamoo St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Ala Wai Blvd / Kuamoo St. The current real estate vacancy rate here is 43.0%. This is higher than the rate of vacancies in 97.9% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 68.4%. This is a higher percent living alone than we found in 99.7% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

Real Estate

The Ala Wai Blvd / Kuamoo St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 98.2% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

In addition, one of the really unique and interesting things about the look and setting of the Ala Wai Blvd / Kuamoo St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 97.2% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.4% of all neighborhoods in America.

Furthermore, the Ala Wai Blvd / Kuamoo St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 47,668 persons per square mile in the neighborhood, it is more packed with people than 98.3% of the nation's neighborhoods.

Also of note, despite all of the residential real estate here in the Ala Wai Blvd / Kuamoo St neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 43.0%, which is higher than 97.9% of all U.S. neighborhoods.

Modes of Transportation

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Ala Wai Blvd / Kuamoo St neighborhood is a fantastic option for bicycle commuters, as 8.1% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.4% of the neighborhoods in America.

Also, more people in Ala Wai Blvd / Kuamoo St choose to walk to work each day (20.7%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Finally, our research revealed that more commuters here take the bus to work (11.6% ride the bus) than 95.7% 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.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Ala Wai Blvd / Kuamoo St neighborhood have a highly unusual car ownership. 26.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.7% of U.S. neighborhoods.

Diversity

Did you know that the Ala Wai Blvd / Kuamoo St neighborhood has more Canadian and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.0% of this neighborhood's residents have Canadian ancestry and 37.6% have Asian ancestry.

Ala Wai Blvd / Kuamoo St is also pretty special linguistically. Significantly, 10.3% 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 99.9% of the neighborhoods in America.

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 Ala Wai Blvd / Kuamoo St neighborhood in Honolulu are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 45.1% of the neighborhoods in America. With 14.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 59.0% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Ala Wai Blvd / Kuamoo St neighborhood, 45.9% 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 25.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.9%), and 7.7% 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 Ala Wai Blvd / Kuamoo St neighborhood is English, spoken by 65.2% of households. Other important languages spoken here include Japanese, Korean, Spanish and German/Yiddish.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Ala Wai Blvd / Kuamoo St neighborhood in Honolulu, HI, residents most commonly identify their ethnicity or ancestry as Asian (37.6%). There are also a number of people of German ancestry (13.3%), and residents who report Irish roots (8.5%), and some of the residents are also of English ancestry (7.7%), along with some French ancestry residents (5.6%), among others. In addition, 25.0% 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 Ala Wai Blvd / Kuamoo St neighborhood spend between 15 and 30 minutes commuting one-way to work (44.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (45.9%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (20.7%) and 11.6% of residents also ride the bus 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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