Mount Olivet Northeast median real estate price is $62,828, which is less expensive than 95.6% of Michigan neighborhoods and 98.4% of all U.S. neighborhoods.
The average rental price in Mount Olivet Northeast is currently $1,737, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.9% of the neighborhoods in Michigan.
Mount Olivet Northeast is an urban neighborhood (based on population density) located in Detroit, Michigan.
Mount Olivet Northeast real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Mount Olivet Northeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Mount Olivet Northeast. The current real estate vacancy rate here is 21.7%. This is higher than the rate of vacancies in 89.6% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
NeighborhoodScout's exclusive research identifies the Mount Olivet Northeast neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 56.5% of its working residents employed in such fields, which is a higher proportion than 99.7% of American neighborhoods.
In the Mount Olivet Northeast neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 34.1% of commuters carpool here, which is more than in 99.4% of all U.S. neighborhoods.
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Mount Olivet Northeast neighborhood has more single mother households than 99.1% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
In addition, neighborhoodScout's exclusive research revealed that 95.7% of the adult residents in the Mount Olivet Northeast neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.8% of the neighborhoods in America.
Also, the Mount Olivet Northeast neighborhood has a greater percentage of children living in poverty (53.6%) than found in 95.4% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
The Mount Olivet Northeast neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 97.3% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 95.3% of all neighborhoods in America.
Did you know that the Mount Olivet Northeast neighborhood has more Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.4% of this neighborhood's residents have Arab ancestry.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the Mount Olivet Northeast neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.3% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
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 Mount Olivet Northeast neighborhood in Detroit are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.5% of U.S. neighborhoods. With 53.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.4% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Mount Olivet Northeast neighborhood, 56.5% of the working population is employed in manufacturing and laborer 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 26.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.8%), and 6.5% in executive, management, and professional occupations.
The most common language spoken in the Mount Olivet Northeast neighborhood is English, spoken by 99.5% of households. Some people also speak Polish (2.2%).
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 Mount Olivet Northeast neighborhood in Detroit, MI, residents most commonly identify their ethnicity or ancestry as Arab (4.4%). There are also a number of people of French ancestry (1.4%).
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 Mount Olivet Northeast neighborhood spend between 15 and 30 minutes commuting one-way to work (58.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (59.2%) 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 (34.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.