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Real Estate Prices & Overview

McBh Kaneohe Bay median real estate price is $973,932, which is more expensive than 57.0% of the neighborhoods in Hawaii and 91.7% of the neighborhoods in the U.S.

The average rental price in McBh Kaneohe Bay is currently $4,801, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.2% of the neighborhoods in Hawaii.

McBh Kaneohe Bay is a suburban neighborhood (based on population density) located in Kailua, Hawaii. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

McBh Kaneohe Bay real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the McBh Kaneohe Bay neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in McBh Kaneohe Bay. The current real estate vacancy rate here is 17.8%. This is higher than the rate of vacancies in 83.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Kailua, the McBh Kaneohe Bay neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The McBh Kaneohe Bay neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, McBh Kaneohe Bay is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the McBh Kaneohe Bay neighborhood could be your paradise. With 73.7% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 0.3% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Furthermore, renter-occupied real estate is dominant in the McBh Kaneohe Bay neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% 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.

People

Of note is NeighborhoodScout's research finding that the McBh Kaneohe Bay 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 McBh Kaneohe Bay community truly stands out from the rest in this regard.

In addition, one of the really interesting characteristics about the McBh Kaneohe Bay neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 2.8% of college-friendly places to live in the state of Hawaii.

Also, an extraordinary 11.0% of the residents of the McBh Kaneohe Bay neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Occupations

With 53.3% of employed workers living in the McBh Kaneohe Bay neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 100.0% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The McBh Kaneohe Bay neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the McBh Kaneohe Bay neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 85.1% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.8% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Modes of Transportation

In the McBh Kaneohe Bay neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 35.1% of residents here. This is a higher proportion of walking commuters than we found in 99.4% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the McBh Kaneohe Bay neighborhood is a fantastic option for bicycle commuters, as 3.1% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 96.0% of the neighborhoods in America.

Diversity

Did you know that the McBh Kaneohe Bay neighborhood has more Yugoslav and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.9% of this neighborhood's residents have Yugoslav ancestry and 1.0% have Lebanese ancestry.

McBh Kaneohe Bay is also pretty special linguistically. Significantly, 7.8% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 96.7% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the McBh Kaneohe Bay neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.3% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 McBh Kaneohe Bay neighborhood in Kailua are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.0% of U.S. neighborhoods. 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.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the McBh Kaneohe Bay neighborhood, 53.3% of the working population is employed in the military. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 34.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (33.7%), and 18.9% in clerical, assistant, and tech support 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 McBh Kaneohe Bay neighborhood is English, spoken by 79.6% of households. Other important languages spoken here include Spanish and Italian.

Ethnicity / Ancestry

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 McBh Kaneohe Bay neighborhood in Kailua, HI, residents most commonly identify their ethnicity or ancestry as Mexican (16.1%). There are also a number of people of German ancestry (14.4%), and residents who report Italian roots (9.8%), and some of the residents are also of Irish ancestry (5.4%), along with some English ancestry residents (3.9%), among others.

Getting to Work

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 McBh Kaneohe Bay neighborhood spend under 15 minutes commuting one-way to work (85.1% of working residents), one of the shortest commutes across America.

Here most residents (37.5%) 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 (35.1%) and 16.3% 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.


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Economics & Demographics include:
Lifestyle & Special Character
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Migration & Mobility
Race & Ethnic Diversity
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Crime includes:
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Schools include:
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