Leota / Rainbow Bend median real estate price is $181,530, which is less expensive than 69.7% of Michigan neighborhoods and 81.8% of all U.S. neighborhoods.
The average rental price in Leota / Rainbow Bend is currently $1,214, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 88.2% of Michigan neighborhoods.
Leota / Rainbow Bend is a remote neighborhood (based on population density) located in Harrison, Michigan.
Leota / Rainbow Bend real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Leota / Rainbow Bend 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 Leota / Rainbow Bend. The current real estate vacancy rate here is 59.7%. This is higher than the rate of vacancies in 99.3% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (56.4%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
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 Harrison, the Leota / Rainbow Bend neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real estate in the Leota / Rainbow Bend neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 97.7% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood. Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 59.7% of the residential real estate vacant, the Leota / Rainbow Bend neighborhood claims the distinction of having a higher vacancy rate than 99.3% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
In addition, this neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 12 people per square mile living here, this neighborhood is less crowded than 96.7% of America.
Did you know that the Leota / Rainbow Bend neighborhood has more Ukrainian and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.4% of this neighborhood's residents have Ukrainian ancestry and 5.6% have Dutch ancestry.
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 Leota / Rainbow Bend neighborhood in Harrison are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.6% of U.S. neighborhoods. With 31.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.3% of U.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 Leota / Rainbow Bend neighborhood, 33.9% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 32.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.6%), and 15.1% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Leota / Rainbow Bend neighborhood is English, spoken by 98.6% of households. Some people also speak Polish (5.5%).
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 Leota / Rainbow Bend neighborhood in Harrison, MI, residents most commonly identify their ethnicity or ancestry as German (19.5%). There are also a number of people of English ancestry (11.6%), and residents who report Irish roots (8.5%), and some of the residents are also of Dutch ancestry (5.6%), along with some Ukrainian ancestry residents (5.4%), 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 Leota / Rainbow Bend neighborhood spend between 30 and 45 minutes commuting one-way to work (35.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (79.2%) 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 (7.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.