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Real Estate Prices & Overview

Timberhill SE 1st Addition / Timberhill Townhouse No. 1 median real estate price is $672,850, which is more expensive than 73.7% of the neighborhoods in Oregon and 78.1% of the neighborhoods in the U.S.

The average rental price in Timberhill SE 1st Addition / Timberhill Townhouse No. 1 is currently $2,070, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.9% of Oregon neighborhoods.

Timberhill SE 1st Addition / Timberhill Townhouse No. 1 is a suburban neighborhood (based on population density) located in Corvallis, Oregon.

Timberhill SE 1st Addition / Timberhill Townhouse No. 1 real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Timberhill SE 1st Addition / Timberhill Townhouse No. 1 neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Real estate vacancies in Timberhill SE 1st Addition / Timberhill Townhouse No. 1 are 4.2%, which is lower than one will find in 72.2% of American neighborhoods. Demand for real estate in Timberhill SE 1st Addition / Timberhill Townhouse No. 1 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 Timberhill SE 1st Addition / Timberhill Townhouse No. 1 neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 Timberhill SE 1st Addition / Timberhill Townhouse No. 1 neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Timberhill SE 1st Addition / Timberhill Townhouse No. 1 neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 69.7% 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 98.4% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

Timberhill SE 1st Addition / Timberhill Townhouse No. 1 has the amazing distinction of housing more same sex couples living together than 97.0% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

In addition, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 39.6% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 96.9% of U.S. neighborhoods, where the average American neighborhood has 13.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

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 3.0% of residents in the Timberhill SE 1st Addition / Timberhill Townhouse No. 1 neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 95.8% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Diversity

Did you know that the Timberhill SE 1st Addition / Timberhill Townhouse No. 1 neighborhood has more Czechoslovakian and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.9% of this neighborhood's residents have Czechoslovakian ancestry and 3.1% have British ancestry.

Timberhill SE 1st Addition / Timberhill Townhouse No. 1 is also pretty special linguistically. Significantly, 12.2% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.

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 Timberhill SE 1st Addition / Timberhill Townhouse No. 1 neighborhood in Corvallis are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 67.7% of the neighborhoods in America. With 20.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 69.5% 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 Timberhill SE 1st Addition / Timberhill Townhouse No. 1 neighborhood, 59.5% 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 23.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.8%), and 6.4% in government jobs, whether they are in local, state, or federal positions.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Timberhill SE 1st Addition / Timberhill Townhouse No. 1 neighborhood is English, spoken by 74.2% of households. Other important languages spoken here include Korean, Chinese, Spanish and French.

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 Timberhill SE 1st Addition / Timberhill Townhouse No. 1 neighborhood in Corvallis, OR, residents most commonly identify their ethnicity or ancestry as Asian (20.7%). There are also a number of people of German ancestry (14.0%), and residents who report English roots (10.9%), and some of the residents are also of Irish ancestry (9.5%), along with some French ancestry residents (6.9%), among others. In addition, 25.8% of the residents of this neighborhood were born in another country.

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 Timberhill SE 1st Addition / Timberhill Townhouse No. 1 neighborhood spend under 15 minutes commuting one-way to work (69.7% of working residents), one of the shortest commutes across America.

Here most residents (69.9%) 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 (10.7%) . 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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