Periwinkle median real estate price is $399,468, which is less expensive than 75.7% of Oregon neighborhoods and 46.2% of all U.S. neighborhoods.
The average rental price in Periwinkle is currently $1,898, based on Ä¢¹½ÊÓÆµ's exclusive analysis. Rents here are currently lower in price than 58.8% of Oregon neighborhoods.
Periwinkle is an urban neighborhood (based on population density) located in Albany, Oregon.
Periwinkle 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 Periwinkle 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 Periwinkle are 5.0%, which is lower than one will find in 65.7% of American neighborhoods. Demand for real estate in Periwinkle 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.
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 Ä¢¹½ÊÓÆµ's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
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 Periwinkle neighborhood in Albany are middle-income, making it a moderate income neighborhood. Ä¢¹½ÊÓÆµ's exclusive analysis reveals that this neighborhood has a higher income than 41.9% of the neighborhoods in America. With 25.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.3% 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 Periwinkle neighborhood, 30.4% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 28.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.1%), and 19.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Periwinkle neighborhood is English, spoken by 85.0% of households. Some people also speak Spanish (13.1%).
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 Periwinkle neighborhood in Albany, OR, residents most commonly identify their ethnicity or ancestry as German (19.6%). There are also a number of people of English ancestry (13.9%), and residents who report Mexican roots (13.9%), and some of the residents are also of Irish ancestry (12.8%), along with some Swedish ancestry residents (3.6%), among others.
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 Periwinkle neighborhood spend under 15 minutes commuting one-way to work (45.3% of working residents), one of the shortest commutes across America.
Here most residents (77.3%) 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 (8.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.