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Real Estate Prices & Overview

Waipio South median real estate price is $522,405, which is less expensive than 84.2% of Hawaii neighborhoods and 32.7% of all U.S. neighborhoods.

The average rental price in Waipio South is currently $2,868, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.3% of Hawaii neighborhoods.

Waipio South is a densely urban neighborhood (based on population density) located in Waipahu, Hawaii.

Waipio South 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 owner occupied. Many of the residences in the Waipio South 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 Waipio South are 4.8%, which is lower than one will find in 68.0% of American neighborhoods. Demand for real estate in Waipio South 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.

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 Waipahu, the Waipio South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

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

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Waipio South stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 96.9% of the residential real estate here was built in this one time period.

Diversity

Did you know that the Waipio South neighborhood has more Asian and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 47.6% of this neighborhood's residents have Asian ancestry and 4.3% have Portuguese ancestry.

Waipio South is also pretty special linguistically. Significantly, 4.2% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 99.6% of the neighborhoods in America.

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 Waipio South neighborhood in Waipahu are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 75.3% of the neighborhoods in America. 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.

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 Waipio South neighborhood, 35.0% 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 29.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.6%), and 16.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Waipio South neighborhood is English, spoken by 84.6% of households. Some people also speak Japanese (4.2%).

Ethnicity / Ancestry

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 Waipio South neighborhood in Waipahu, HI, residents most commonly identify their ethnicity or ancestry as Asian (47.6%). There are also a number of people of Italian ancestry (5.6%), and residents who report Portuguese roots (4.3%), and some of the residents are also of Puerto Rican ancestry (3.8%), along with some Irish ancestry residents (3.3%), among others. In addition, 13.8% 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 Waipio South neighborhood spend between 15 and 30 minutes commuting one-way to work (40.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (71.5%) 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 (21.5%) . 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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