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Real Estate Prices & Overview

W Liberty Rd / S Wagner Rd median real estate price is $672,805, which is more expensive than 93.8% of the neighborhoods in Michigan and 75.7% of the neighborhoods in the U.S.

The average rental price in W Liberty Rd / S Wagner Rd is currently $2,281, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 86.2% of the neighborhoods in Michigan.

W Liberty Rd / S Wagner Rd is a suburban neighborhood (based on population density) located in Ann Arbor, Michigan.

W Liberty Rd / S Wagner Rd 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 W Liberty Rd / S Wagner Rd 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.

Real estate vacancies in W Liberty Rd / S Wagner Rd are 5.1%, which is lower than one will find in 66.0% of American neighborhoods. Demand for real estate in W Liberty Rd / S Wagner Rd 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.

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 Ann Arbor, the W Liberty Rd / S Wagner Rd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

If knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the W Liberty Rd / S Wagner Rd neighborhood, where 55.7% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 99.6% of the neighborhoods in America.

In addition, with more than 1.7% of residents living with a same sex partner, W Liberty Rd / S Wagner Rd is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 95.4% of U.S. neighborhoods.

Also, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 4.6% of America's neighborhoods are wealthier than the W Liberty Rd / S Wagner Rd neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.

Finally, the W Liberty Rd / S Wagner Rd neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 94.8% of Michigan neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates.

Occupations

The W Liberty Rd / S Wagner Rd neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 95.1% of the neighborhoods in America. In fact, 69.3% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Diversity

Did you know that the W Liberty Rd / S Wagner Rd neighborhood has more Welsh and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.7% of this neighborhood's residents have Welsh ancestry and 4.3% have Dutch ancestry.

W Liberty Rd / S Wagner Rd is also pretty special linguistically. Significantly, 1.3% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 97.9% 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 W Liberty Rd / S Wagner Rd neighborhood in Ann Arbor are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 95.4% of the neighborhoods in America. With 11.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.1% of U.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 W Liberty Rd / S Wagner Rd neighborhood, 69.3% 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 17.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.5%), and 5.7% in manufacturing and laborer 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 W Liberty Rd / S Wagner Rd neighborhood is English, spoken by 82.8% of households. Other important languages spoken here include Chinese, Polish and Spanish.

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 W Liberty Rd / S Wagner Rd neighborhood in Ann Arbor, MI, residents most commonly identify their ethnicity or ancestry as German (18.1%). There are also a number of people of Asian ancestry (17.0%), and residents who report Irish roots (10.8%), and some of the residents are also of English ancestry (8.8%), along with some Polish ancestry residents (6.2%), among others. In addition, 13.2% 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 W Liberty Rd / S Wagner Rd neighborhood spend between 15 and 30 minutes commuting one-way to work (48.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (64.7%) 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 (11.2%) . 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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