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Real Estate Prices & Overview

Ala Moana North median real estate price is $1,008,091, which is more expensive than 48.2% of the neighborhoods in Hawaii and 89.8% of the neighborhoods in the U.S.

The average rental price in Ala Moana North is currently $2,347, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.4% of Hawaii neighborhoods.

Ala Moana North is a densely urban neighborhood (based on population density) located in Honolulu, Hawaii.

Ala Moana North real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Ala Moana North neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Ala Moana North has a 15.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.6% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (9.4%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

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 Honolulu, the Ala Moana North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 8.5% of residents in the Ala Moana North neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.4% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, in the Ala Moana North neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 20.3% of residents here. This is a higher proportion of walking commuters than we found in 98.2% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Real Estate

The Ala Moana North neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 35,295 persons per square mile in the neighborhood, it is more packed with people than 97.5% of the nation's neighborhoods.

In addition, the real estate in the Ala Moana North neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 82.2% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.0% of American neighborhoods.

Furthermore, the Ala Moana North neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 87.1% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Occupations

With 2.5% of employed workers living in the Ala Moana North neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 97.0% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Ala Moana North neighborhood has a highly unusual pattern of car ownership. 21.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.6% of U.S. neighborhoods.

Diversity

Did you know that the Ala Moana North neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 57.6% of this neighborhood's residents have Asian ancestry.

Ala Moana North is also pretty special linguistically. Significantly, 14.0% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 100.0% 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 Ala Moana North neighborhood in Honolulu are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.5% of the neighborhoods in America. In addition, 5.8% 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 62.0% of America'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 Ala Moana North neighborhood, 47.9% 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 27.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.2%), and 10.3% in manufacturing and laborer 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 Ala Moana North neighborhood is English, spoken by 46.9% of households. Other important languages spoken here include Korean, Japanese, Chinese and Tagalog (the first language of the Philippine region).

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 Ala Moana North neighborhood in Honolulu, HI, residents most commonly identify their ethnicity or ancestry as Asian (57.6%). There are also a number of people of German ancestry (6.6%), and residents who report Irish roots (5.3%), and some of the residents are also of English ancestry (4.7%), along with some Italian ancestry residents (4.6%), among others. In addition, 40.3% of the residents of this neighborhood were born in another country.

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 Ala Moana North neighborhood spend under 15 minutes commuting one-way to work (54.5% of working residents), one of the shortest commutes across America.

Here most residents (44.8%) 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 (20.3%) and 10.0% 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.


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