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Real Estate Prices & Overview

Mulloy median real estate price is $703,586, which is more expensive than 80.8% of the neighborhoods in Oregon and 82.5% of the neighborhoods in the U.S.

The average rental price in Mulloy is currently $2,725, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.8% of the neighborhoods in Oregon.

Mulloy is a rural neighborhood (based on population density) located in Tualatin, Oregon.

Mulloy 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 occupied by a mixture of owners and renters. Many of the residences in the Mulloy 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 Mulloy, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 87.4% of all neighborhoods in the U.S. This means that the housing supply in Mulloy 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 Tualatin, the Mulloy neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Mulloy neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, an interesting characteristic about the Mulloy neighborhood is that there are more incarcerated people living here than 99.6% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.

Diversity

Significantly, 0.1% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 95.9% 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 Mulloy neighborhood in Tualatin are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 82.9% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America'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 Mulloy neighborhood, 47.8% 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 23.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.7%), and 13.0% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Mulloy neighborhood is English, spoken by 89.8% of households. Some people also speak Spanish (7.1%).

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 Mulloy neighborhood in Tualatin, OR, residents most commonly identify their ethnicity or ancestry as German (16.5%). There are also a number of people of English ancestry (14.9%), and residents who report Irish roots (6.5%), and some of the residents are also of Mexican ancestry (4.8%), along with some Italian ancestry residents (4.0%), among others.

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 Mulloy neighborhood spend between 15 and 30 minutes commuting one-way to work (37.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (74.2%) 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 (11.8%) . 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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