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Real Estate Prices & Overview

S 41st St / S M St median real estate price is $417,949, which is less expensive than 74.7% of Washington neighborhoods and 40.4% of all U.S. neighborhoods.

The average rental price in S 41st St / S M St is currently $2,179, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.5% of Washington neighborhoods.

S 41st St / S M St is an urban neighborhood (based on population density) located in Tacoma, Washington.

S 41st St / S M St 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 S 41st St / S M St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

In S 41st St / S M St, the current vacancy rate is 1.8%, which is a lower rate of vacancies than 87.9% of all neighborhoods in the U.S. This means that the housing supply in S 41st St / S M St is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

Occupations

With 3.2% of employed workers living in the S 41st St / S M St neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 97.8% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Real Estate

Do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The S 41st St / S M St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 60.3% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 96.6% of the neighborhoods in the United States.

Diversity

Did you know that the S 41st St / S M St neighborhood has more Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have Swiss ancestry.

S 41st St / S M St is also pretty special linguistically. Significantly, 3.1% 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 99.7% 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 S 41st St / S M St neighborhood in Tacoma are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 54.7% of the neighborhoods in America. In addition, 3.7% 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 68.9% 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 S 41st St / S M St neighborhood, 29.9% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 29.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (29.2%), and 9.2% 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 S 41st St / S M St neighborhood is English, spoken by 83.0% of households. Other important languages spoken here include Spanish and Mon-Khmer (the dominant language of Cambodia).

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 S 41st St / S M St neighborhood in Tacoma, WA, residents most commonly identify their ethnicity or ancestry as German (15.6%). There are also a number of people of Asian ancestry (10.0%), and residents who report English roots (8.9%), and some of the residents are also of Irish ancestry (7.7%), along with some Mexican ancestry residents (5.8%), among others. In addition, 12.6% 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 S 41st St / S M St neighborhood spend between 15 and 30 minutes commuting one-way to work (27.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (72.8%) 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 (7.8%) and 7.2% of residents also hop out the door and walk to work 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.


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