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Real Estate Prices & Overview

The Smart Zone median real estate price is $348,700, which is more expensive than 71.8% of the neighborhoods in Michigan and 47.5% of the neighborhoods in the U.S.

The average rental price in The Smart Zone is currently $1,629, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.2% of Michigan neighborhoods.

The Smart Zone is a rural neighborhood (based on population density) located in Troy, Michigan.

The Smart Zone real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the The Smart Zone neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In The Smart Zone, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 83.0% of all neighborhoods in the U.S. This means that the housing supply in The Smart Zone is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

Diversity

Did you know that the The Smart Zone neighborhood has more Belgian and Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.4% of this neighborhood's residents have Belgian ancestry and 2.4% have Swiss ancestry.

The Smart Zone is also pretty special linguistically. Significantly, 11.3% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 98.6% of the neighborhoods in America.

The Neighbors

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 The Smart Zone neighborhood in Troy are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.6% of U.S. neighborhoods. In addition, 6.7% 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 59.4% 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 The Smart Zone neighborhood, 56.4% 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 18.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (14.8%), and 10.0% 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 The Smart Zone neighborhood is English, spoken by 80.7% of households. Other important languages spoken here include Polish and Arabic.

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 The Smart Zone neighborhood in Troy, MI, residents most commonly identify their ethnicity or ancestry as Irish (18.0%). There are also a number of people of German ancestry (13.4%), and residents who report Polish roots (9.3%), and some of the residents are also of Italian ancestry (8.1%), along with some Asian ancestry residents (8.1%), among others. In addition, 16.2% 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 The Smart Zone neighborhood spend between 15 and 30 minutes commuting one-way to work (51.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (68.5%) 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 (8.9%) . 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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