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Real Estate Prices & Overview

Burnett / Independence median real estate price is $306,593, which is more expensive than 38.0% of the neighborhoods in Minnesota and 40.9% of the neighborhoods in the U.S.

The average rental price in Burnett / Independence is currently $2,101, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.0% of the neighborhoods in Minnesota.

Burnett / Independence is a remote neighborhood (based on population density) located in Saginaw, Minnesota.

Burnett / Independence 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 Burnett / Independence neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Burnett / Independence. The current real estate vacancy rate here is 22.4%. This is higher than the rate of vacancies in 89.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (15.3%). 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

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.

Real Estate

Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 14 residents per square mile, Burnett / Independence is less crowded than 96.1% of all U.S. neighborhoods. One of the notable things about Burnett / Independence is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

Diversity

Did you know that the Burnett / Independence neighborhood has more Swedish and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.6% of this neighborhood's residents have Swedish ancestry and 10.8% have Finnish 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 Burnett / Independence neighborhood in Saginaw are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 64.3% of the neighborhoods in America. In addition, 0.9% 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 79.1% 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 Burnett / Independence neighborhood, 33.9% 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 26.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.9%), and 19.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Burnett / Independence neighborhood is English, spoken by 98.6% of households. Some people also speak Italian (4.4%).

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 Burnett / Independence neighborhood in Saginaw, MN, residents most commonly identify their ethnicity or ancestry as German (19.0%). There are also a number of people of Swedish ancestry (16.6%), and residents who report Norwegian roots (14.5%), and some of the residents are also of Finnish ancestry (10.8%), along with some English ancestry residents (7.7%), 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 Burnett / Independence neighborhood spend between 30 and 45 minutes commuting one-way to work (54.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (85.1%) 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 (7.2%) . 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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