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Real Estate Prices & Overview

Hayesville South median real estate price is $468,435, which is more expensive than 39.3% of the neighborhoods in Oregon and 63.2% of the neighborhoods in the U.S.

The average rental price in Hayesville South is currently $1,585, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.3% of Oregon neighborhoods.

Hayesville South is an urban neighborhood (based on population density) located in Salem, Oregon.

Hayesville South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Hayesville South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

In Hayesville South, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 82.6% of all neighborhoods in the U.S. This means that the housing supply in Hayesville South is very tight compared to the demand for property here.

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 Salem, the Hayesville South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

One of the really interesting characteristics about the Hayesville South neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.9% of college-friendly places to live in the state of Oregon.

In addition, an extraordinary 13.8% of the residents of the Hayesville South neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Occupations

Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Hayesville South neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 98.9% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

Modes of Transportation

In the Hayesville South neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 23.0% of commuters carpool here, which is more than in 95.9% of all U.S. neighborhoods.

Diversity

Did you know that the Hayesville South neighborhood has more Russian and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.3% of this neighborhood's residents have Russian ancestry and 64.7% have Mexican ancestry.

Hayesville South is also pretty special linguistically. Significantly, 5.8% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 95.8% of the neighborhoods in America.

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 Hayesville South neighborhood in Salem are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.9% of the neighborhoods in America. With 26.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.4% 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 Hayesville South neighborhood, 32.3% of the working population is employed in manufacturing and laborer 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 27.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (20.3%), and 10.3% 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 Hayesville South neighborhood is Spanish, spoken by 57.9% of households. Other important languages spoken here include English and Chinese.

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 Hayesville South neighborhood in Salem, OR, residents most commonly identify their ethnicity or ancestry as Mexican (64.7%). There are also a number of people of German ancestry (9.3%), and residents who report English roots (6.5%), and some of the residents are also of Russian ancestry (5.3%), along with some Irish ancestry residents (3.4%), among others. In addition, 28.6% 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 Hayesville South neighborhood spend between 15 and 30 minutes commuting one-way to work (36.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (73.3%) 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 (23.0%) . 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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