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Real Estate Prices & Overview

Portland Square Park median real estate price is $216,691, which is less expensive than 87.3% of Minnesota neighborhoods and 77.5% of all U.S. neighborhoods.

The average rental price in Portland Square Park is currently $1,448, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.5% of Minnesota neighborhoods.

Portland Square Park is a densely urban neighborhood (based on population density) located in Duluth, Minnesota.

Portland Square Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Portland Square Park 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 1970 and 1999.

Real estate vacancies in Portland Square Park are 3.0%, which is lower than one will find in 79.1% of American neighborhoods. Demand for real estate in Portland Square Park 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 Duluth, the Portland Square Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

NeighborhoodScout's analysis shows that the Portland Square Park neighborhood has a greater concentration of residents currently enrolled in college than 97.2% of the neighborhoods in the U.S. With 15.9% of the population here attending college, this is very much a college-focused neighborhood.

In addition, the Portland Square Park neighborhood has a greater percentage of children living in poverty (57.2%) than found in 96.3% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

Also, the Portland Square Park neighborhood stands out within Minnesota for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 6.4% of college-friendly places to live in MN.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Portland Square Park neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.9% of all American neighborhoods.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Portland Square Park neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 34.8% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.0% of America's neighborhoods.

In addition, even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Portland Square Park neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Portland Square Park neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 62.9% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 97.3% of the neighborhoods in the United States.

Diversity

Did you know that the Portland Square Park neighborhood has more Norwegian and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 17.3% of this neighborhood's residents have Norwegian ancestry and 7.7% have Swedish ancestry.

Portland Square Park is also pretty special linguistically. Significantly, 0.3% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 96.9% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Portland Square Park neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.3% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Portland Square Park neighborhood in Duluth are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 71.8% of U.S. neighborhoods. With 57.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.3% 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 Portland Square Park neighborhood, 40.1% 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 26.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.8%), and 13.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Portland Square Park neighborhood is English, spoken by 97.2% of households. Some people also speak Polish (5.7%).

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 Portland Square Park neighborhood in Duluth, MN, residents most commonly identify their ethnicity or ancestry as German (24.4%). There are also a number of people of Norwegian ancestry (17.3%), and residents who report Irish roots (10.7%), and some of the residents are also of Swedish ancestry (7.7%), along with some English ancestry residents (3.5%), among others.

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 Portland Square Park neighborhood spend under 15 minutes commuting one-way to work (52.2% of working residents), one of the shortest commutes across America.

Here most residents (70.7%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (7.5%) . 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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