Baring - Skykomish, WA - 98224 - Real Estate Market Appreciation & Housing Market Trends

Overview

Baring - Skykomish is a very small town located in the state of Washington. With a population of 2,788 people and just one neighborhood, Baring - Skykomish is the 184th largest community in Washington.

Baring - Skykomish home prices are not only among the most expensive in Washington, but Baring - Skykomish real estate also consistently ranks among the most expensive in America.

Occupations and Workforce

Baring - Skykomish is a decidedly white-collar town, with fully 87.35% of the workforce employed in white-collar jobs, well above the national average. Overall, Baring - Skykomish is a town of managers, professionals, and service providers. There are especially a lot of people living in Baring - Skykomish who work in management occupations (18.46%), business and financial occupations (9.08%), and teaching (8.92%).

Also of interest is that Baring - Skykomish has more people living here who work in computers and math than 95% of the places in the US.

Telecommuters are a relatively large percentage of the workforce: 11.74% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Setting & Lifestyle

Another notable thing is that Baring - Skykomish is a major vacation destination. Much of the town鈥檚 population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Baring - Skykomish鈥檚 population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.

In addition, Baring - Skykomish is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.

Baring - Skykomish is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town鈥檚 good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Baring - Skykomish鈥檚 overall crime rate is lower than average for the country.

In Baring - Skykomish, however, the average commute to work is quite long. On average, people spend 33.16 minutes each day getting to work, which is significantly higher than the national average.

Demographics

Baring - Skykomish is one of the most well-educated cities in the nation. 45.87% of adults in Baring - Skykomish have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.

The per capita income in Baring - Skykomish in 2022 was $68,470, which is wealthy relative to Washington and the nation. This equates to an annual income of $273,880 for a family of four.

The people who call Baring - Skykomish home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Baring - Skykomish residents report their race to be White, followed by Asian. Important ancestries of people in Baring - Skykomish include German, Irish, English, Italian, and Scandinavian.

The most common language spoken in Baring - Skykomish is English. Other important languages spoken here include African languages and Italian.

Notable & Unique Neighborhood Characteristics

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 蘑菇视频's exclusive exploration and analysis.

Real Estate

Unpopulated, and rural, the neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to 蘑菇视频's leading research, this neighborhood is less densely populated than 98.1% of the neighborhoods in America. One of the notable things about is that it is one of the quietest neighborhoods in America, according to 蘑菇视频'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, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 32.0% of the residential real estate vacant, the neighborhood claims the distinction of having a higher vacancy rate than 95.8% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

People

If you're nearing retirement age, or in retirement, the is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by 蘑菇视频 as among the top 9.0% of retiree-friendly neighborhoods in Washington, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, 蘑菇视频 identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Washington. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for families with school-aged children.

Diversity

Did you know that the neighborhood has more Welsh and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.0% of this neighborhood's residents have Welsh ancestry and 3.0% have British ancestry.

The Neighbors

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 neighborhood in Baring - Skykomish are upper-middle income, making it an above average income neighborhood. 蘑菇视频's exclusive analysis reveals that this neighborhood has a higher income than 80.6% of the neighborhoods in America. In addition, 3.3% 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 70.0% 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 neighborhood, 55.0% 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 23.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.7%), and 8.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the neighborhood is English, spoken by 98.0% of households. Some people also speak Italian (2.4%).

Ethnicity / Ancestry

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 neighborhood in Baring - Skykomish, WA, residents most commonly identify their ethnicity or ancestry as German (23.0%). There are also a number of people of Irish ancestry (18.9%), and residents who report English roots (16.1%), and some of the residents are also of Italian ancestry (6.5%), along with some Welsh ancestry residents (6.0%), among others.

Getting to Work

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 neighborhood spend between 45 minutes and one hour commuting one-way to work (31.2% of working residents), longer and tougher than most commutes in America.

Here most residents (78.0%) 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 (8.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

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