Downtown East median real estate price is $1,606,548, which is more expensive than 91.2% of the neighborhoods in Washington and 94.9% of the neighborhoods in the U.S.
The average rental price in Downtown East is currently $3,633, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.0% of the neighborhoods in Washington.
Downtown East is a densely urban neighborhood (based on population density) located in Bellevue, Washington.
Downtown East 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 townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Downtown East neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 7.8% in Downtown East. NeighborhoodScout analysis shows that this rate is lower than 49.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
People
Of note is NeighborhoodScout's research finding that the Downtown East neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Downtown East community truly stands out from the rest in this regard.
In addition, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 64.8%. This is a higher percent living alone than we found in 99.4% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
Also, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 37.1% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 96.0% of U.S. neighborhoods, where the average American neighborhood has 13.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.
Finally, a unique characteristic about the people in the Downtown East neighborhood is that a majority of them are young, single professionals. In fact, there are more young, single professionals in this one community than 95.1% of neighborhoods in the U.S. Here you'll find an active nightlife nearby with lots of opportunities to flirt and find romance.
Occupations
Executives, managers and professionals make up 84.4% of the workforce in the Downtown East neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.7% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Real Estate
One of the really unique and interesting things about the look and setting of the Downtown East neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 98.0% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.6% of all neighborhoods in America.
In addition, the Downtown East 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 97.0% 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.
Furthermore, renter-occupied real estate is dominant in the Downtown East neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 87.2%, which is higher than 96.0% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Also of note, if you like crowded places, then you will probably enjoy the the Downtown East neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.9% of neighborhoods in the U.S., with 24,050 people per square mile living here.
Finally, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Downtown East neighborhood. A whopping 66.5% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.1% of the neighborhoods in the U.S. Everything here just feels new.
Modes of Transportation
More people ride the bus in this neighborhood each day to get to work than 98.4% of U.S. neighborhoods.
Also, more people in Downtown East choose to walk to work each day (18.9%) 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.
Finally, a unique way of commuting is simply not to. And in the Downtown East neighborhood, analysis shows that 27.8% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 95.5% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
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 Downtown East neighborhood has a highly unusual pattern of car ownership. 36.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.8% of U.S. neighborhoods.
Migration / Stability
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Downtown East neighborhood. In the Downtown East neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.5% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas. What is also interesting to note, is that the Downtown East neighborhood has a greater percentage of residents born in another country (42.9%) than are found in 95.3% of all U.S. neighborhoods.
Diversity
Did you know that the Downtown East neighborhood has more Asian and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 43.0% of this neighborhood's residents have Asian ancestry and 1.8% have Canadian ancestry.
Downtown East is also pretty special linguistically. Significantly, 3.2% 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 Downtown East neighborhood in Bellevue 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 90.1% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Downtown East neighborhood, 84.4% 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 10.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (2.4%), and 2.3% 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 Downtown East neighborhood is English, spoken by 52.8% of households. Other important languages spoken here include Chinese, Langs. of India, Spanish and Japanese.
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 Downtown East neighborhood in Bellevue, WA, residents most commonly identify their ethnicity or ancestry as Asian (43.0%). There are also a number of people of Mexican ancestry (6.4%), and residents who report German roots (6.1%), and some of the residents are also of Swedish ancestry (3.5%), along with some Irish ancestry residents (3.3%), among others. In addition, 42.9% 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 Downtown East neighborhood spend between 15 and 30 minutes commuting one-way to work (31.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (31.2%) 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 (18.9%) and 18.7% of residents also ride the bus 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.
