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Real Estate Prices & Overview

Allegany / Cooston median real estate price is $538,736, which is more expensive than 54.4% of the neighborhoods in Oregon and 69.8% of the neighborhoods in the U.S.

The average rental price in Allegany / Cooston is currently $1,316, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 91.3% of Oregon neighborhoods.

Allegany / Cooston is a remote neighborhood (based on population density) located in Coos Bay, Oregon. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

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

Real estate vacancies in Allegany / Cooston are 4.4%, which is lower than one will find in 70.6% of American neighborhoods. Demand for real estate in Allegany / Cooston 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 Coos Bay, the Allegany / Cooston neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Unpopulated, and rural, the Allegany / Cooston 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 97.9% of the neighborhoods in America. Do you like a coastal setting? If so, this neighborhood may be to your liking. The Allegany / Cooston neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Allegany / Cooston is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Allegany / Cooston neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 48.1% of the households here have four, five, or more cars. That is more cars per household than in 99.5% of the neighborhoods in the nation.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Allegany / Cooston neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 6.8% of the workforce so employed, this neighborhood has a greater concentration of such workers than 98.0% of U.S. neighborhoods.

People

If you're planning where to retire, the Allegany / Cooston neighborhood in Coos Bay is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in OR, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 88.3% of the neighborhoods in Oregon. If you are considering retiring to Oregon, this is a good neighborhood to look at.

Diversity

Did you know that the Allegany / Cooston neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Native American ancestry.

The Neighbors

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 Allegany / Cooston neighborhood in Coos Bay are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 56.7% of the neighborhoods in America. With 10.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 51.1% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Allegany / Cooston neighborhood, 30.6% 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 29.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.6%), and 14.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Allegany / Cooston neighborhood is English, spoken by 98.7% of households. Some people also speak Polish (3.5%).

Ethnicity / Ancestry

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 Allegany / Cooston neighborhood in Coos Bay, OR, residents most commonly identify their ethnicity or ancestry as German (17.6%). There are also a number of people of Irish ancestry (13.7%), and residents who report English roots (9.8%), and some of the residents are also of Italian ancestry (4.4%), along with some Scottish ancestry residents (3.4%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Allegany / Cooston neighborhood spend between 15 and 30 minutes commuting one-way to work (52.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.9%) 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 (10.4%) . 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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