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Real Estate Prices & Overview

Rainier Woods Park median real estate price is $633,770, which is more expensive than 53.5% of the neighborhoods in Washington and 76.4% of the neighborhoods in the U.S.

The average rental price in Rainier Woods Park is currently $3,004, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 64.4% of the neighborhoods in Washington.

Rainier Woods Park is a suburban neighborhood (based on population density) located in Puyallup, Washington.

Rainier Woods 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 small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Rainier Woods Park 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 Rainier Woods Park are 3.2%, which is lower than one will find in 78.9% of American neighborhoods. Demand for real estate in Rainier Woods 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 Puyallup, the Rainier Woods Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Rainier Woods Park 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 Rainier Woods Park community truly stands out from the rest in this regard.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Rainier Woods Park stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 94.3% of the residential real estate here was built in this one time period.

Diversity

Did you know that the Rainier Woods Park neighborhood has more English and Croatian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.7% of this neighborhood's residents have English ancestry and 1.1% have Croatian ancestry.

Rainier Woods Park is also pretty special linguistically. Significantly, 7.9% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 96.8% of the neighborhoods in America.

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 Rainier Woods Park neighborhood in Puyallup 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 91.1% 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.

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 Rainier Woods Park neighborhood, 38.1% 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 25.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.7%), and 17.3% in clerical, assistant, and tech support 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 Rainier Woods Park neighborhood is English, spoken by 91.8% of households. Other important languages spoken here include Italian, Spanish and Polish.

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 Rainier Woods Park neighborhood in Puyallup, WA, residents most commonly identify their ethnicity or ancestry as English (24.7%). There are also a number of people of German ancestry (15.9%), and residents who report Irish roots (8.4%), and some of the residents are also of Italian ancestry (7.0%), along with some Asian ancestry residents (4.8%), 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 Rainier Woods Park neighborhood spend between 15 and 30 minutes commuting one-way to work (26.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (75.9%) 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 (10.9%) . 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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