What do we mean by a neighborhood?
NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Avery-Helm / Avery Addition median real estate price is $594,497, which is more expensive than 64.4% of the neighborhoods in Oregon and 73.6% of the neighborhoods in the U.S.
The average rental price in Avery-Helm / Avery Addition is currently $1,533, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.5% of Oregon neighborhoods.
Avery-Helm / Avery Addition is an urban neighborhood (based on population density) located in Corvallis, Oregon.
Avery-Helm / Avery Addition 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 Avery-Helm / Avery Addition 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 Avery-Helm / Avery Addition are 5.8%, which is lower than one will find in 61.3% of American neighborhoods. Demand for real estate in Avery-Helm / Avery Addition 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 Corvallis, the Avery-Helm / Avery Addition neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Modes of Transportation
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 Avery-Helm / Avery Addition neighborhood is a fantastic option for bicycle commuters, as 17.4% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.9% of the neighborhoods in America.
Also, more people in Avery-Helm / Avery Addition choose to walk to work each day (18.6%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
People
NeighborhoodScout's analysis shows that the Avery-Helm / Avery Addition neighborhood has a greater concentration of residents currently enrolled in college than 98.8% of the neighborhoods in the U.S. With 34.8% of the population here attending college, this is very much a college-focused neighborhood.
In addition, one of the unique characteristics of the Avery-Helm / Avery Addition neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.7% of the neighborhoods in America.
Also, one of the most interesting things about the Avery-Helm / Avery Addition neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 57.9% 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 98.4% of the neighborhoods in America.
Finally, the Avery-Helm / Avery Addition neighborhood stands out within Oregon 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 6.5% of college-friendly places to live in OR.
Real Estate
Renter-occupied real estate is dominant in the Avery-Helm / Avery Addition neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 85.4%, which is higher than 95.5% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
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 Avery-Helm / Avery Addition neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.5% 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 Avery-Helm / Avery Addition neighborhood has more Danish and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have Danish ancestry and 5.3% have Scottish ancestry.
The Neighbors
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 Avery-Helm / Avery Addition neighborhood in Corvallis are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.7% of U.S. neighborhoods. With 50.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.3% 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 Avery-Helm / Avery Addition neighborhood, 46.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 31.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.2%), and 9.5% in manufacturing and laborer occupations.
Languages
The most common language spoken in the Avery-Helm / Avery Addition neighborhood is English, spoken by 88.7% of households. Some people also speak Spanish (3.9%).
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 Avery-Helm / Avery Addition neighborhood in Corvallis, OR, residents most commonly identify their ethnicity or ancestry as German (24.4%). There are also a number of people of Irish ancestry (14.4%), and residents who report English roots (10.4%), and some of the residents are also of Scottish ancestry (5.3%), along with some Asian ancestry residents (4.5%), 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 Avery-Helm / Avery Addition neighborhood spend under 15 minutes commuting one-way to work (47.1% of working residents), one of the shortest commutes across America.
Here most residents (36.5%) 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 (18.6%) and 17.4% of residents also bicycle 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.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
