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Real Estate Prices & Overview

Islandview median real estate price is $159,952, which is more expensive than 25.7% of the neighborhoods in Michigan and 16.1% of the neighborhoods in the U.S.

The average rental price in Islandview is currently $1,377, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.2% of Michigan neighborhoods.

Islandview is a suburban neighborhood (based on population density) located in Detroit, Michigan.

Islandview real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Islandview neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Islandview. The current real estate vacancy rate here is 40.1%. This is higher than the rate of vacancies in 97.7% 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 Detroit, the Islandview neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Islandview neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.9% of all American neighborhoods.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 13.3% of residents in the Islandview neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.9% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

People

The Islandview neighborhood stands out for having an average per capita income lower than 99.2% of the neighborhoods in the United States.

In addition, neighborhoodScout's exclusive research revealed that 95.3% of the adult residents in the Islandview neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.5% of the neighborhoods in America.

Also, there is an especially high percentage of incarcerated people (2.1%) living in the Islandview neighborhood.

Real Estate

Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 40.1% of the residential real estate vacant, the Islandview neighborhood claims the distinction of having a higher vacancy rate than 97.7% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

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 Islandview neighborhood could be your paradise. With 25.8% 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 4.3% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 93.4% of the residential real estate in the Islandview neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 100.0% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Islandview neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 61.1% 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 96.4% of U.S. neighborhoods. Less time commuting means more time for other things in life.

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 Islandview neighborhood in Detroit are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.2% of U.S. neighborhoods. With 17.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.9% 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 Islandview neighborhood, 58.4% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 30.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.6%), and 2.6% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Islandview neighborhood is English, spoken by 97.8% of households.

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 Islandview neighborhood in Detroit, MI, residents most commonly identify their ethnicity or ancestry as German (2.8%).

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 Islandview neighborhood spend under 15 minutes commuting one-way to work (61.1% of working residents), one of the shortest commutes across America.

Here most residents (74.0%) drive alone in a private automobile to get to work. In addition, quite a number also bicycle to get to work (13.3%) and 9.4% of residents also ride the bus 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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