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Real Estate Prices & Overview

Winnetka Hills West median real estate price is $321,773, which is more expensive than 46.3% of the neighborhoods in Minnesota and 46.3% of the neighborhoods in the U.S.

The average rental price in Winnetka Hills West is currently $1,672, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.0% of Minnesota neighborhoods.

Winnetka Hills West is a suburban neighborhood (based on population density) located in New Hope, Minnesota.

Winnetka Hills West real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Winnetka Hills West neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Winnetka Hills West, the current vacancy rate is 2.8%, which is a lower rate of vacancies than 81.7% of all neighborhoods in the U.S. This means that the housing supply in Winnetka Hills West 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 Winnetka Hills West neighborhood has more Finnish and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.3% of this neighborhood's residents have Finnish ancestry and 12.2% have Norwegian ancestry.

Winnetka Hills West is also pretty special linguistically. Significantly, 5.1% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 98.7% 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 Winnetka Hills West neighborhood in New Hope are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 47.0% of the neighborhoods in America. In addition, 1.1% 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 78.5% 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 Winnetka Hills West neighborhood, 36.0% 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 24.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.0%), and 18.8% 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 Winnetka Hills West neighborhood is English, spoken by 88.4% of households. Other important languages spoken here include African languages, Vietnamese and Spanish.

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 Winnetka Hills West neighborhood in New Hope, MN, residents most commonly identify their ethnicity or ancestry as German (23.1%). There are also a number of people of Norwegian ancestry (12.2%), and residents who report Finnish roots (9.3%), and some of the residents are also of Irish ancestry (8.1%), along with some Asian ancestry residents (6.9%), among others. In addition, 11.7% 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 Winnetka Hills West neighborhood spend between 15 and 30 minutes commuting one-way to work (51.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.6%) 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 (6.0%) . 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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