Crystal Bay median real estate price is $1,046,990, which is more expensive than 99.6% of the neighborhoods in Minnesota and 94.5% of the neighborhoods in the U.S.
The average rental price in Crystal Bay is currently $2,581, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.8% of the neighborhoods in Minnesota.
Crystal Bay is a suburban neighborhood (based on population density) located in Orono, Minnesota.
Crystal Bay real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Crystal Bay neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Crystal Bay are 3.6%, which is lower than one will find in 77.7% of American neighborhoods. Demand for real estate in Crystal Bay 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.
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 Orono, the Crystal Bay neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
One way that the Crystal Bay neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.1% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Crystal Bay neighborhood may actually hold the key. 69.8% of its residents are married, which is a higher percentage than is found in 97.6% of the neighborhoods in America.
In addition, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 2.4% of America's neighborhoods are wealthier than the Crystal Bay neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
Also, according to NeighborhoodScout's exclusive analysis, Crystal Bay is among the best neighborhoods for families in Minnesota. In fact, this neighborhood is more family-friendly than 96.8% of neighborhoods in the entire state of Minnesota. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Crystal Bay neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for urban sophisticates, college students and highly educated executives.
Finally, the rate of college educated adults in the Crystal Bay neighborhood is a unique characteristic of the neighborhood. 72.6% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 33.7% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 95.3% of all U.S. neighborhoods.
In the Crystal Bay neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 26.8% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.5% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
There are more people living in the Crystal Bay neighborhood employed as sales and service workers (60.5%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Did you know that the Crystal Bay neighborhood has more Danish and Croatian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.0% of this neighborhood's residents have Danish ancestry and 2.3% have Croatian ancestry.
Crystal Bay is also pretty special linguistically. Significantly, 15.8% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 98.9% of the neighborhoods in America.
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 Crystal Bay neighborhood in Orono 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 97.6% of the neighborhoods in America. In addition, 5.5% 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 63.6% 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 Crystal Bay neighborhood, 48.1% 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 39.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (8.6%), and 3.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the Crystal Bay neighborhood is English, spoken by 83.4% of households. Some people also speak Chinese (15.8%).
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 Crystal Bay neighborhood in Orono, MN, residents most commonly identify their ethnicity or ancestry as German (27.2%). There are also a number of people of Norwegian ancestry (17.0%), and residents who report Asian roots (13.5%), and some of the residents are also of English ancestry (12.7%), along with some Irish ancestry residents (11.6%), among others.
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 Crystal Bay neighborhood spend between 15 and 30 minutes commuting one-way to work (50.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (71.2%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.