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Real Estate Prices & Overview

Hubbard median real estate price is $340,713, which is more expensive than 48.2% of the neighborhoods in Minnesota and 46.5% of the neighborhoods in the U.S.

The average rental price in Hubbard is currently $1,560, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.0% of Minnesota neighborhoods.

Hubbard is a remote neighborhood (based on population density) located in Park Rapids, Minnesota.

Hubbard real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Hubbard 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.

Vacant apartments or homes are a major fact of life in Hubbard. The current real estate vacancy rate here is 33.4%. This is higher than the rate of vacancies in 96.0% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (28.6%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

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.

Real Estate

Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 33.4% of the residential real estate vacant, the Hubbard neighborhood claims the distinction of having a higher vacancy rate than 96.0% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

In addition, unpopulated, and rural, the Hubbard neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 91.6% of the neighborhoods in America.

Diversity

Did you know that the Hubbard neighborhood has more Finnish and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.1% of this neighborhood's residents have Finnish ancestry and 17.1% have Norwegian ancestry.

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 Hubbard neighborhood in Park Rapids are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 54.1% of the neighborhoods in America. In addition, 5.3% 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 63.6% 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 Hubbard neighborhood, 33.6% 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 28.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.3%), and 14.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Hubbard neighborhood is English, spoken by 96.9% of households. Some people also speak Polish (3.6%).

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 Hubbard neighborhood in Park Rapids, MN, residents most commonly identify their ethnicity or ancestry as German (37.2%). There are also a number of people of Norwegian ancestry (17.1%), and residents who report Irish roots (11.8%), and some of the residents are also of Finnish ancestry (7.1%), along with some Swedish ancestry residents (7.0%), among others.

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 Hubbard neighborhood spend under 15 minutes commuting one-way to work (55.2% of working residents), one of the shortest commutes across America.

Here most residents (73.9%) 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 (11.7%) . 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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