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Real Estate Prices & Overview

Torry Community Assoc / Triangle District median real estate price is $668,220, which is more expensive than 94.5% of the neighborhoods in Michigan and 76.6% of the neighborhoods in the U.S.

The average rental price in Torry Community Assoc / Triangle District is currently $3,069, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.5% of the neighborhoods in Michigan.

Torry Community Assoc / Triangle District is a suburban neighborhood (based on population density) located in Birmingham, Michigan.

Torry Community Assoc / Triangle District 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 Torry Community Assoc / Triangle District neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 8.8% in Torry Community Assoc / Triangle District. NeighborhoodScout analysis shows that this rate is lower than 43.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Birmingham, the Torry Community Assoc / Triangle District neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 74.3% of the adults living in the Torry Community Assoc / Triangle District neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 95.8% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

In addition, one of the most interesting things about the Torry Community Assoc / Triangle District neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 49.3% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 95.2% of the neighborhoods in America.

Diversity

Did you know that the Torry Community Assoc / Triangle District neighborhood has more Canadian and French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have Canadian ancestry and 3.8% have French Canadian ancestry.

Torry Community Assoc / Triangle District is also pretty special linguistically. Significantly, 2.1% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 96.2% 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 Torry Community Assoc / Triangle District neighborhood in Birmingham 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 85.5% of the neighborhoods in America. With 18.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.6% of U.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 Torry Community Assoc / Triangle District neighborhood, 60.6% 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 29.1% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (8.2%), and 7.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Torry Community Assoc / Triangle District neighborhood is English, spoken by 85.5% of households. Some people also speak Korean (2.1%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Torry Community Assoc / Triangle District neighborhood in Birmingham, MI, residents most commonly identify their ethnicity or ancestry as German (21.4%). There are also a number of people of Irish ancestry (16.4%), and residents who report Asian roots (9.0%), and some of the residents are also of Italian ancestry (7.7%), along with some Polish ancestry residents (6.7%), among others. In addition, 18.9% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Torry Community Assoc / Triangle District neighborhood spend under 15 minutes commuting one-way to work (40.9% of working residents), one of the shortest commutes across America.

Here most residents (68.5%) 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 (6.0%) . 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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