S 41st St / S M St median real estate price is $479,699, which is less expensive than 71.5% of Washington neighborhoods and 36.7% of all U.S. neighborhoods.
The average rental price in S 41st St / S M St is currently $2,052, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.2% of Washington neighborhoods.
S 41st St / S M St is an urban neighborhood (based on population density) located in Tacoma, Washington.
S 41st St / S M St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the S 41st St / S M St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
In S 41st St / S M St, 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 S 41st St / S M St is very tight compared to the demand for property here.
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 Tacoma, the S 41st St / S M St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
With a real estate vacancy rate of only 0.0%, the S 41st St / S M St neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
In addition, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 54.1% of the residential real estate in the S 41st St / S M St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.0% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Did you know that the S 41st St / S M St neighborhood has more Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have Swiss ancestry.
S 41st St / S M St is also pretty special linguistically. Significantly, 3.6% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 99.8% 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 S 41st St / S M St neighborhood in Tacoma are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.1% of the neighborhoods in America. In addition, 4.2% 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 66.8% 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 S 41st St / S M St neighborhood, 34.7% 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 27.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.7%), and 14.8% in clerical, assistant, and tech support occupations.
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 S 41st St / S M St neighborhood is English, spoken by 83.3% of households. Other important languages spoken here include Spanish and Mon-Khmer (the dominant language of Cambodia).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the S 41st St / S M St neighborhood in Tacoma, WA, residents most commonly identify their ethnicity or ancestry as German (11.6%). There are also a number of people of English ancestry (10.5%), and residents who report Asian roots (6.1%), and some of the residents are also of Mexican ancestry (5.5%), along with some Irish ancestry residents (5.2%), among others. In addition, 13.0% of the residents of this neighborhood were born in another country.
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 S 41st St / S M St neighborhood spend under 15 minutes commuting one-way to work (31.6% of working residents), one of the shortest commutes across America.
Here most residents (72.1%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (7.2%) and 7.2% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.