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Real Estate Prices & Overview

Heart Of Missoula median real estate price is $908,339, which is more expensive than 93.1% of the neighborhoods in Montana and 88.0% of the neighborhoods in the U.S.

The average rental price in Heart Of Missoula is currently $1,174, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.3% of Montana neighborhoods.

Heart Of Missoula is a suburban neighborhood (based on population density) located in Missoula, Montana.

Heart Of Missoula 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 renter occupied. Many of the residences in the Heart Of Missoula 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.

Heart Of Missoula has a 11.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 Missoula, the Heart Of Missoula neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 59.5%. This is a higher percent living alone than we found in 98.7% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

In addition, neighborhoodScout's analysis shows that the Heart Of Missoula neighborhood has a greater concentration of residents currently enrolled in college than 97.3% of the neighborhoods in the U.S. With 17.1% of the population here attending college, this is very much a college-focused neighborhood.

Also, one of the unique characteristics of the Heart Of Missoula neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 96.2% of the neighborhoods in America.

Finally, the Heart Of Missoula neighborhood stands out within Montana 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 6.6% of college-friendly places to live in MT.

Modes of Transportation

In the Heart Of Missoula neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 22.9% of residents here. This is a higher proportion of walking commuters than we found in 98.5% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Heart Of Missoula neighborhood is a fantastic option for bicycle commuters, as 3.1% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 96.0% of the neighborhoods in America.

Real Estate

95.7% of the real estate in the Heart Of Missoula neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, the Heart Of Missoula neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 91.4% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Heart Of Missoula neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.1% of all American neighborhoods.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Heart Of Missoula neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Heart Of Missoula neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 59.3% 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 95.8% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Heart Of Missoula neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.4% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Heart Of Missoula neighborhood has more Lithuanian and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.3% of this neighborhood's residents have Lithuanian ancestry and 3.1% have Native American ancestry.

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 Heart Of Missoula neighborhood in Missoula are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.2% of U.S. neighborhoods. With 49.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.6% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Heart Of Missoula neighborhood, 41.1% 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 26.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.0%), and 13.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Heart Of Missoula neighborhood is English, spoken by 96.9% of households. Some people also speak Polish (2.6%).

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 Heart Of Missoula neighborhood in Missoula, MT, residents most commonly identify their ethnicity or ancestry as German (23.7%). There are also a number of people of Irish ancestry (15.9%), and residents who report English roots (6.9%), and some of the residents are also of Italian ancestry (5.6%), along with some Scottish ancestry residents (4.6%), 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 Heart Of Missoula neighborhood spend under 15 minutes commuting one-way to work (59.3% of working residents), one of the shortest commutes across America.

Here most residents (67.4%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (22.9%) . 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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