Alderwood Manor median real estate price is $791,193, which is more expensive than 67.0% of the neighborhoods in Washington and 83.2% of the neighborhoods in the U.S.
The average rental price in Alderwood Manor is currently $2,905, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.9% of the neighborhoods in Washington.
Alderwood Manor is an urban neighborhood (based on population density) located in Lynnwood, Washington.
Alderwood Manor 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 Alderwood Manor neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Alderwood Manor are 4.4%, which is lower than one will find in 70.7% of American neighborhoods. Demand for real estate in Alderwood Manor is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
More people ride the bus in this neighborhood each day to get to work than 96.6% of U.S. neighborhoods.
Did you know that the Alderwood Manor neighborhood has more Lebanese and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.3% of this neighborhood's residents have Lebanese ancestry and 1.2% have Iranian ancestry.
Alderwood Manor is also pretty special linguistically. Significantly, 2.1% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 99.2% of the neighborhoods in America.
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 Alderwood Manor neighborhood in Lynnwood are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 74.9% of the neighborhoods in America. In addition, 0.5% 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 80.0% 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 Alderwood Manor neighborhood, 39.5% of the working population is employed in executive, management, and professional 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 30.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.3%), and 14.8% in manufacturing and laborer occupations.
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 Alderwood Manor neighborhood is English, spoken by 58.1% of households. Other important languages spoken here include Spanish, French, African languages and Chinese.
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 Alderwood Manor neighborhood in Lynnwood, WA, residents most commonly identify their ethnicity or ancestry as Asian (20.5%). There are also a number of people of English ancestry (12.3%), and residents who report German roots (12.2%), and some of the residents are also of Mexican ancestry (7.8%), along with some Irish ancestry residents (4.6%), among others. In addition, 39.5% of the residents of this neighborhood were born in another country.
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 Alderwood Manor neighborhood spend under 15 minutes commuting one-way to work (30.9% of working residents), one of the shortest commutes across America.
Here most residents (62.9%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (13.2%) and 10.4% of residents also carpool with coworkers, friends, or neighbors 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.