Founders / Orchard Trail median real estate price is $587,194, which is more expensive than 87.5% of the neighborhoods in Minnesota and 72.2% of the neighborhoods in the U.S.
The average rental price in Founders / Orchard Trail is currently $3,288, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.5% of the neighborhoods in Minnesota.
Founders / Orchard Trail is a suburban neighborhood (based on population density) located in Brooklyn Park, Minnesota.
Founders / Orchard Trail real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Founders / Orchard Trail neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Founders / Orchard Trail, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Founders / Orchard Trail is very tight compared to the demand for property here.
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.
This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Founders / Orchard Trail neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Founders / Orchard Trail neighborhood. A whopping 88.0% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 98.5% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
Of note is NeighborhoodScout's research finding that the Founders / Orchard Trail neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Founders / Orchard Trail community truly stands out from the rest in this regard.
In addition, 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 Founders / Orchard Trail 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 14.7% executive lifestyle neighborhoods in the state of Minnesota.
Did you know that the Founders / Orchard Trail neighborhood has more Canadian and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.6% of this neighborhood's residents have Canadian ancestry and 1.1% have Romanian ancestry.
Founders / Orchard Trail is also pretty special linguistically. Significantly, 3.4% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 97.5% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Founders / Orchard Trail neighborhood in Brooklyn Park 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 88.6% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America'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 Founders / Orchard Trail neighborhood, 45.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 20.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.2%), and 15.5% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 Founders / Orchard Trail neighborhood is English, spoken by 74.6% of households. Other important languages spoken here include Polish, African languages, Spanish and Vietnamese.
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 Founders / Orchard Trail neighborhood in Brooklyn Park, MN, residents most commonly identify their ethnicity or ancestry as German (23.1%). There are also a number of people of Asian ancestry (18.0%), and residents who report Irish roots (7.3%), and some of the residents are also of English ancestry (6.3%), along with some Norwegian ancestry residents (5.1%), among others. In addition, 20.2% of the residents of this neighborhood were born in another country.
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 Founders / Orchard Trail neighborhood spend between 15 and 30 minutes commuting one-way to work (41.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (72.5%) 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 (6.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.