Centennial Southeast median real estate price is $436,800, which is more expensive than 33.1% of the neighborhoods in Oregon and 59.7% of the neighborhoods in the U.S.
The average rental price in Centennial Southeast is currently $2,239, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.7% of the neighborhoods in Oregon.
Centennial Southeast is an urban neighborhood (based on population density) located in Portland, Oregon.
Centennial Southeast real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Centennial Southeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Centennial Southeast are 3.2%, which is lower than one will find in 78.7% of American neighborhoods. Demand for real estate in Centennial 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.
More people ride the bus in this neighborhood each day to get to work than 96.3% of U.S. neighborhoods.
Did you know that the Centennial Southeast neighborhood has more Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.7% of this neighborhood's residents have Hungarian ancestry.
Centennial Southeast is also pretty special linguistically. Significantly, 5.3% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.8% 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 Centennial Southeast neighborhood in Portland are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 56.7% of the neighborhoods in America. With 45.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.1% of U.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 Centennial Southeast neighborhood, 27.7% 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 26.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.2%), and 21.2% 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 Centennial Southeast neighborhood is English, spoken by 72.5% of households. Other important languages spoken here include Spanish and Russian.
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 Centennial Southeast neighborhood in Portland, OR, residents most commonly identify their ethnicity or ancestry as Mexican (18.5%). There are also a number of people of German ancestry (11.1%), and residents who report Irish roots (10.8%), and some of the residents are also of English ancestry (6.0%), along with some Asian ancestry residents (5.3%), among others. In addition, 20.2% of the residents of this neighborhood were born in another country.
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 Centennial Southeast neighborhood spend between 30 and 45 minutes commuting one-way to work (29.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (68.8%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (12.7%) and 7.2% 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.