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Real Estate Prices & Overview

Meadow View Park median real estate price is $248,103, which is more expensive than 43.9% of the neighborhoods in Michigan and 29.8% of the neighborhoods in the U.S.

The average rental price in Meadow View Park is currently $1,448, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.1% of Michigan neighborhoods.

Meadow View Park is a suburban neighborhood (based on population density) located in Ypsilanti, Michigan.

Meadow View Park real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Meadow View Park 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 Meadow View Park are 3.3%, which is lower than one will find in 78.5% of American neighborhoods. Demand for real estate in Meadow View Park 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 Ypsilanti, the Meadow View Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Real estate in the Meadow View Park neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 97.8% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.

In addition, the real estate in this neighborhood consists of more mobile homes than 95.9% of all neighborhoods in America, with 32.5% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

People

If you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Meadow View Park neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 12.2% executive lifestyle neighborhoods in the state of Michigan.

Diversity

Did you know that the Meadow View Park neighborhood has more Scottish and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.5% of this neighborhood's residents have Scottish ancestry and 4.7% have Arab ancestry.

Meadow View Park is also pretty special linguistically. Significantly, 2.1% 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 98.9% 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 Meadow View Park neighborhood in Ypsilanti are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 75.7% of the neighborhoods in America. With 20.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 69.9% 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 Meadow View Park neighborhood, 54.7% 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 19.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.6%), and 9.3% 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 Meadow View Park neighborhood is English, spoken by 68.3% of households. Other important languages spoken here include Langs. of India, Spanish, Arabic and Polish.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Meadow View Park neighborhood in Ypsilanti, MI, residents most commonly identify their ethnicity or ancestry as Asian (16.2%). There are also a number of people of German ancestry (10.9%), and residents who report Irish roots (10.6%), and some of the residents are also of Mexican ancestry (8.9%), along with some Scottish ancestry residents (6.5%), among others. In addition, 22.4% 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 Meadow View Park neighborhood spend between 15 and 30 minutes commuting one-way to work (45.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (65.7%) 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 (12.4%) . 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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