Kailua median real estate price is $782,729, which is more expensive than 30.4% of the neighborhoods in Hawaii and 82.3% of the neighborhoods in the U.S.
The average rental price in Kailua is currently $3,215, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.6% of Hawaii neighborhoods.
Kailua is a rural neighborhood (based on population density) located in Kailua Kona, Hawaii. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Kailua 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 single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Kailua 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.
Vacant apartments or homes are a major fact of life in Kailua. The current real estate vacancy rate here is 25.7%. This is higher than the rate of vacancies in 92.4% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Do you like a coastal setting? If so, this neighborhood may be to your liking. The Kailua 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, Kailua 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.
There are more people living in the Kailua neighborhood employed as sales and service workers (51.9%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
In the Kailua neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 24.1% of commuters carpool here, which is more than in 96.6% of all U.S. neighborhoods.
Also, more people in Kailua choose to walk to work each day (10.5%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Kailua is ranked among the top 9.4% of neighborhoods for first-time home buyers to consider in the state of Hawaii according to NeighborhoodScout's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Kailua neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers.
Did you know that the Kailua neighborhood has more Asian and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.5% of this neighborhood's residents have Asian ancestry and 1.1% have Finnish ancestry.
Kailua is also pretty special linguistically. Significantly, 3.4% 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 99.5% of the neighborhoods in America.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Kailua neighborhood in Kailua Kona are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 58.4% of the neighborhoods in America. In addition, 2.5% 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 73.4% 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 Kailua neighborhood, 48.1% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 22.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.6%), and 13.1% 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 Kailua neighborhood is English, spoken by 74.8% of households. Other important languages spoken here include Spanish, Tagalog (the first language of the Philippine region), Japanese and Korean.
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 Kailua neighborhood in Kailua Kona, HI, residents most commonly identify their ethnicity or ancestry as Asian (27.5%). There are also a number of people of Irish ancestry (11.1%), and residents who report German roots (8.4%), and some of the residents are also of Mexican ancestry (7.0%), along with some Italian ancestry residents (3.4%), among others. In addition, 22.2% of the residents of this neighborhood were born in another country.
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 Kailua neighborhood spend under 15 minutes commuting one-way to work (36.9% of working residents), one of the shortest commutes across America.
Here most residents (60.9%) 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 (24.1%) and 10.5% of residents also hop out the door and walk to work 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.