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Real Estate Prices & Overview

Chinatown median real estate price is $787,360, which is less expensive than 71.7% of Hawaii neighborhoods and 16.1% of all U.S. neighborhoods.

The average rental price in Chinatown is currently $1,695, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 97.7% of Hawaii neighborhoods.

Chinatown is a densely urban neighborhood (based on population density) located in Honolulu, Hawaii.

Chinatown 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 Chinatown neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Chinatown are 5.5%, which is lower than one will find in 62.8% of American neighborhoods. Demand for real estate in Chinatown 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.

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.

Real Estate

One of the really unique and interesting things about the look and setting of the Chinatown neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 93.0% 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 98.6% of all neighborhoods in America.

In addition, the Chinatown 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 92.9% 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.

Furthermore, the Chinatown neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 39,526 persons per square mile in the neighborhood, it is more packed with people than 97.9% of the nation's neighborhoods.

Also of note, most neighborhoods are composed of a mixture of ages of homes, but the Chinatown 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, 88.3% of the residential real estate here was built in this one time period.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (13.0% ride the bus) than 96.5% 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.

Also, more people in Chinatown choose to walk to work each day (12.8%) 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.

Occupations

With 1.6% of employed workers living in the Chinatown neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.4% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Diversity

Did you know that the Chinatown neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 67.7% of this neighborhood's residents have Asian ancestry.

Chinatown is also pretty special linguistically. Significantly, 6.1% 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 99.8% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Chinatown neighborhood has a greater percentage of residents born in another country (49.5%) than are found in 97.5% of all U.S. neighborhoods.

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 Chinatown 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 45.8% of the neighborhoods in America. With 35.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.6% 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 Chinatown neighborhood, 43.0% 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 34.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.0%), and 8.8% in clerical, assistant, and tech support 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 Chinatown neighborhood is English, spoken by 43.4% of households. Other important languages spoken here include Chinese, Korean, Japanese and Vietnamese.

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 Chinatown neighborhood in Honolulu, HI, residents most commonly identify their ethnicity or ancestry as Asian (67.7%). There are also a number of people of Irish ancestry (7.1%), and residents who report German roots (6.2%), and some of the residents are also of Russian ancestry (2.6%), along with some Italian ancestry residents (2.6%), among others. In addition, 49.5% of the residents of this neighborhood were born in another country.

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 Chinatown neighborhood spend between 15 and 30 minutes commuting one-way to work (39.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (48.1%) 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 (18.9%) and 13.0% 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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