Homes For Sale In Eagle River, AK 100k-200k
Eagle River median real estate price is $342,927, which is more expensive than 73.0% of the neighborhoods in Alaska and 68.2% of the neighborhoods in the U.S.
The average rental price in Eagle River is currently $1,239, based on NeighborhoodScout’s exclusive analysis. Rents here are currently lower in price than 71.1% of Alaska neighborhoods.
Eagle River is a suburban neighborhood (based on population density) located in Anchorage, Alaska.
Eagle River real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Eagle River 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.
In Eagle River, the current vacancy rate is 3.4%, which is a lower rate of vacancies than 83.8% of all neighborhoods in the U.S. This means that the housing supply in Eagle River 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 Anchorage, the Eagle River neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Notable & Unique: Occupations
The Eagle River neighborhood stands out nationally for having a greater proportion of its residents active in the military than 98.3% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.
Furthermore, the Eagle River neighborhood has a greater proportion of government workers living in it than 95.9% of the neighborhoods in America, according to NeighborhoodScout’s exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.
Notable & Unique: People
The Eagle River neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout’s analysis ranks it as better than 90.4% of Alaska neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state.
Notable & Unique: Diversity
Did you know that the Eagle River neighborhood has more Dutch ancestry people living in it than nearly any neighborhood in America? It’s true! In fact, 4.6% of this neighborhood’s residents have Dutch ancestry.
Eagle River is also pretty special linguistically. Significantly, 1.8% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 98.9% 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 Eagle River neighborhood in Anchorage 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 87.3% of the neighborhoods in America. In addition, 1.9% 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 83.1% 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 Eagle River neighborhood, 45.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 19.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.7%), and 16.8% in manufacturing and laborer occupations.
The most common language spoken in the Eagle River neighborhood is English, spoken by 91.3% of households. Some people also speak Italian (2.5%).
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 Eagle River neighborhood in Anchorage, AK, residents most commonly identify their ethnicity or ancestry as German (22.9%). There are also a number of people of Irish ancestry (15.3%), and residents who report English roots (9.5%), and some of the residents are also of Asian ancestry (4.6%), along with some Dutch ancestry residents (4.6%), among others.
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 Eagle River neighborhood spend between 30 and 45 minutes commuting one-way to work (34.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (84.9%) 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 (9.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
(This information was provided by neighborhoodscout.com)
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