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Real Estate Prices & Overview

Potter-Walsh median real estate price is $82,626, which is less expensive than 91.4% of Michigan neighborhoods and 96.6% of all U.S. neighborhoods.

The average rental price in Potter-Walsh is currently $1,115, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 90.8% of Michigan neighborhoods.

Potter-Walsh is a suburban neighborhood (based on population density) located in Lansing, Michigan.

Potter-Walsh real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Potter-Walsh neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Potter-Walsh has a 12.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 70.1% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

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 Lansing, the Potter-Walsh neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research shows that more people carpool to work here in the Potter-Walsh (26.7%) than in 97.9% of the neighborhoods in America.

Occupations

There are more people living in the Potter-Walsh neighborhood employed as sales and service workers (60.9%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

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 Potter-Walsh neighborhood in Lansing are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.4% 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.

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 Potter-Walsh neighborhood, 39.1% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 23.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.2%), and 17.1% in executive, management, and professional 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 Potter-Walsh neighborhood is English, spoken by 79.5% of households. Other important languages spoken here include Spanish and Italian.

Ethnicity / Ancestry

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 Potter-Walsh neighborhood in Lansing, MI, residents most commonly identify their ethnicity or ancestry as Mexican (19.2%). There are also a number of people of English ancestry (8.6%), and residents who report German roots (7.4%), and some of the residents are also of Puerto Rican ancestry (3.9%), along with some Irish ancestry residents (3.6%), among others. In addition, 11.0% 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 Potter-Walsh neighborhood spend under 15 minutes commuting one-way to work (44.4% of working residents), one of the shortest commutes across America.

Here most residents (51.8%) 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 (26.7%) and 5.4% 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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