Traverse City Southeast median real estate price is $399,406, which is more expensive than 70.2% of the neighborhoods in Michigan and 50.6% of the neighborhoods in the U.S.
The average rental price in Traverse City Southeast is currently $1,455, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 68.4% of Michigan neighborhoods.
Traverse City Southeast is a suburban neighborhood (based on population density) located in Traverse City, Michigan.
Traverse City Southeast 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 mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Traverse City Southeast 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.
Real estate vacancies in Traverse City Southeast are 3.5%, which is lower than one will find in 76.9% of American neighborhoods. Demand for real estate in Traverse City Southeast is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.8% of residents in the Traverse City Southeast neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.6% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Divorcees may find friendship and understanding in this neighborhood, as 22.7% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 98.1% of the neighborhoods in America.
In addition, one of the unique characteristics of the Traverse City Southeast neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.8% of the neighborhoods in America.
Did you know that the Traverse City Southeast neighborhood has more French Canadian and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.3% of this neighborhood's residents have French Canadian ancestry and 5.6% have Swedish ancestry.
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 Traverse City Southeast neighborhood in Traverse City are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.8% of U.S. neighborhoods. With 39.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.5% of U.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 Traverse City Southeast neighborhood, 35.2% 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 manufacturing and laborer occupations, with 24.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (19.7%), and 18.0% in clerical, assistant, and tech support occupations.
The most common language spoken in the Traverse City Southeast neighborhood is English, spoken by 97.1% of households. Some people also speak Italian (4.5%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Traverse City Southeast neighborhood in Traverse City, MI, residents most commonly identify their ethnicity or ancestry as German (21.8%). There are also a number of people of Irish ancestry (14.0%), and residents who report English roots (11.0%), and some of the residents are also of Polish ancestry (9.6%), along with some Swedish ancestry residents (5.6%), 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 Traverse City Southeast neighborhood spend under 15 minutes commuting one-way to work (56.8% of working residents), one of the shortest commutes across America.
Here most residents (72.0%) 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 (7.9%) and 5.8% of residents also bicycle 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.