Ma'alaea / Launiupoko median real estate price is $2,569,231, which is more expensive than 97.9% of the neighborhoods in Hawaii and 99.2% of the neighborhoods in the U.S.
The average rental price in Ma'alaea / Launiupoko is currently $4,309, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.3% of the neighborhoods in Hawaii.
Ma'alaea / Launiupoko is a remote neighborhood (based on population density) located in Wailuku, Hawaii. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Ma'alaea / Launiupoko 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 Ma'alaea / Launiupoko 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 Ma'alaea / Launiupoko. The current real estate vacancy rate here is 56.8%. This is higher than the rate of vacancies in 99.2% 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.
This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 25 people per square mile living here, this neighborhood is less crowded than 93.6% of America. Do you like a coastal setting? If so, this neighborhood may be to your liking. The Ma'alaea / Launiupoko 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, Ma'alaea / Launiupoko 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. One of the notable things about Ma'alaea / Launiupoko is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.
In addition, despite all of the residential real estate here in the Ma'alaea / Launiupoko neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 56.8%, which is higher than 99.2% of all U.S. neighborhoods.
If you are planning to retire in Hawaii, this neighborhood should be on your must-see list. For many reasons, Ma'alaea / Launiupoko may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Hawaii, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.5% of neighborhoods in HI. If a Hawaii retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives.
In the Ma'alaea / Launiupoko neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 29.3% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 96.5% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Did you know that the Ma'alaea / Launiupoko neighborhood has more Norwegian and French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.7% of this neighborhood's residents have Norwegian ancestry and 2.9% have French Canadian ancestry.
Ma'alaea / Launiupoko is also pretty special linguistically. Significantly, 0.6% 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 95.3% 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 Ma'alaea / Launiupoko neighborhood in Wailuku 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 86.8% of the neighborhoods in America. In addition, 6.7% 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 59.6% 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 Ma'alaea / Launiupoko neighborhood, 44.4% 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 29.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.0%), and 11.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the Ma'alaea / Launiupoko neighborhood is English, spoken by 91.5% of households.
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 Ma'alaea / Launiupoko neighborhood in Wailuku, HI, residents most commonly identify their ethnicity or ancestry as English (18.0%). There are also a number of people of German ancestry (11.5%), and residents who report Irish roots (8.1%), and some of the residents are also of Norwegian ancestry (6.7%), along with some Asian ancestry residents (5.0%), among others. In addition, 14.6% 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 Ma'alaea / Launiupoko neighborhood spend between 15 and 30 minutes commuting one-way to work (37.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (58.9%) 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 (7.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.