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Real Estate Prices & Overview

W Pearl St / 24th Ave median real estate price is $256,379, which is less expensive than 95.2% of Washington neighborhoods and 68.1% of all U.S. neighborhoods.

The average rental price in W Pearl St / 24th Ave is currently $1,917, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.3% of Washington neighborhoods.

W Pearl St / 24th Ave is an urban neighborhood (based on population density) located in Pasco, Washington.

W Pearl St / 24th Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the W Pearl St / 24th Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in W Pearl St / 24th Ave. The current real estate vacancy rate here is 23.1%. This is higher than the rate of vacancies in 90.2% 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 Pasco, the W Pearl St / 24th Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the W Pearl St / 24th Ave neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 19.6% of the workforce so employed, this neighborhood has a greater concentration of such workers than 99.7% of U.S. neighborhoods.

People

Single parenting is hard. But you don't have to tell the W Pearl St / 24th Ave neighborhood about it; they already know. 20.7% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 97.4% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Diversity

Did you know that the W Pearl St / 24th Ave neighborhood has more Yugoslav and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Yugoslav ancestry and 71.1% have Mexican ancestry.

W Pearl St / 24th Ave is also pretty special linguistically. Significantly, 72.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.7% of all U.S. neighborhoods.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the W Pearl St / 24th Ave neighborhood in Pasco are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 75.2% of U.S. neighborhoods. In addition, 7.3% 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 57.8% of America'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 W Pearl St / 24th Ave neighborhood, 31.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 30.6% of the residents employed. Other residents here are employed in farming, forestry, or commercial fishing (19.6%), and 11.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the W Pearl St / 24th Ave neighborhood is Spanish, spoken by 72.2% of households. Some people also speak English (25.2%).

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 W Pearl St / 24th Ave neighborhood in Pasco, WA, residents most commonly identify their ethnicity or ancestry as Mexican (71.1%). There are also a number of people of Scots-Irish ancestry (3.2%), and residents who report Dutch roots (3.2%), and some of the residents are also of Swedish ancestry (2.9%), along with some German ancestry residents (2.7%), among others. In addition, 31.8% of the residents of this neighborhood were born in another country.

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 W Pearl St / 24th Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (55.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (87.9%) 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 (9.1%) . 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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