East Saginaw Business District / East Genesee median real estate price is $63,989, which is less expensive than 94.2% of Michigan neighborhoods and 97.6% of all U.S. neighborhoods.
The average rental price in East Saginaw Business District / East Genesee is currently $1,636, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.8% of Michigan neighborhoods.
East Saginaw Business District / East Genesee is a suburban neighborhood (based on population density) located in Saginaw, Michigan.
East Saginaw Business District / East Genesee real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the East Saginaw Business District / East Genesee 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 East Saginaw Business District / East Genesee. The current real estate vacancy rate here is 27.8%. This is higher than the rate of vacancies in 93.6% 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.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
One of the most interesting things about the East Saginaw Business District / East Genesee neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 51.9% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 96.6% of the neighborhoods in America.
In addition, of note, 54.1% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the East Saginaw Business District / East Genesee neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 59.0% 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 95.7% of U.S. neighborhoods. Less time commuting means more time for other things in life.
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 65.4% of the residential real estate in the East Saginaw Business District / East Genesee neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.7% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Did you know that the East Saginaw Business District / East Genesee neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.4% of this neighborhood's residents have African ancestry and 15.4% have Sub-Saharan African ancestry.
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 East Saginaw Business District / East Genesee neighborhood in Saginaw are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 86.5% of U.S. neighborhoods. With 54.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.4% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the East Saginaw Business District / East Genesee neighborhood, 45.0% 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 26.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.5%), and 12.4% in clerical, assistant, and tech support occupations.
The most common language spoken in the East Saginaw Business District / East Genesee neighborhood is English, spoken by 91.5% of households. Some people also speak Spanish (3.2%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the East Saginaw Business District / East Genesee neighborhood in Saginaw, MI, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (15.4%). There are also a number of people of African ancestry (15.4%), and residents who report Mexican roots (8.6%), and some of the residents are also of German ancestry (4.9%), along with some Italian ancestry residents (4.4%), 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 East Saginaw Business District / East Genesee neighborhood spend under 15 minutes commuting one-way to work (59.0% of working residents), one of the shortest commutes across America.
Here most residents (75.2%) 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 (21.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.