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Real Estate Prices & Overview

Shaw Island median real estate price is $694,589, which is more expensive than 61.0% of the neighborhoods in Washington and 80.2% of the neighborhoods in the U.S.

The average rental price in Shaw Island is currently $1,987, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.5% of Washington neighborhoods.

Shaw Island is a remote neighborhood (based on population density) located in Lopez Island, Washington. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Shaw Island real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Shaw Island neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Shaw Island. The current real estate vacancy rate here is 58.8%. This is higher than the rate of vacancies in 99.3% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (55.7%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, 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 Lopez Island, the Shaw Island neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 44 residents per square mile, Shaw Island is less crowded than 90.2% of all U.S. neighborhoods. Shaw Island is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Shaw Island 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. One of the notable things about Shaw Island is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout'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, despite all of the residential real estate here in the Shaw Island neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 58.8%, which is higher than 99.3% of all U.S. neighborhoods.

People

If you are planning to retire in Washington, this neighborhood should be on your must-see list. For many reasons, Shaw Island may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Washington, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.5% of neighborhoods in WA. If a Washington retirement is in your future, this neighborhood should be one of the places you visit.

Modes of Transportation

If you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 2.2% of the Shaw Island neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 99.5% of America's neighborhoods.

Also, in the Shaw Island neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 28.8% 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 96.2% 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.

Diversity

Did you know that the Shaw Island neighborhood has more Yugoslav and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Yugoslav ancestry and 5.6% have Scottish 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 Shaw Island neighborhood in Lopez Island are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 51.0% of the neighborhoods in America. With 13.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 57.3% 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 Shaw Island neighborhood, 49.1% 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 25.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.2%), and 7.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Shaw Island neighborhood is English, spoken by 92.3% of households. Some people also speak Spanish (3.8%).

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 Shaw Island neighborhood in Lopez Island, WA, residents most commonly identify their ethnicity or ancestry as German (20.0%). There are also a number of people of English ancestry (17.9%), and residents who report Irish roots (14.2%), and some of the residents are also of Norwegian ancestry (5.6%), along with some Scottish ancestry residents (5.6%), 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 Shaw Island neighborhood spend under 15 minutes commuting one-way to work (46.1% of working residents), one of the shortest commutes across America.

Here most residents (50.4%) 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 (8.4%) and 7.9% of residents also hop out the door and walk to work 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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