Tri-City median real estate price is $317,702, which is less expensive than 88.3% of Oregon neighborhoods and 58.8% of all U.S. neighborhoods.
The average rental price in Tri-City is currently $1,254, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.0% of Oregon neighborhoods.
Tri-City is a rural neighborhood (based on population density) located in Myrtle Creek, Oregon.
Tri-City real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Tri-City neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Tri-City are 5.0%, which is lower than one will find in 65.4% of American neighborhoods. Demand for real estate in Tri-City 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.
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 Myrtle Creek, the Tri-City neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Of note, 60.3% 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.
The real estate in this neighborhood consists of more mobile homes than 95.1% of all neighborhoods in America, with 30.1% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.
Did you know that the Tri-City neighborhood has more British and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.1% of this neighborhood's residents have British ancestry and 1.1% have Finnish 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 Tri-City neighborhood in Myrtle Creek are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.0% of U.S. neighborhoods. With 60.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.1% 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 Tri-City neighborhood, 35.8% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 22.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.1%), and 17.7% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Tri-City neighborhood is English, spoken by 97.7% of households. Some people also speak Italian (4.5%).
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 Tri-City neighborhood in Myrtle Creek, OR, residents most commonly identify their ethnicity or ancestry as German (18.9%). There are also a number of people of English ancestry (15.5%), and residents who report Irish roots (12.1%), and some of the residents are also of Mexican ancestry (4.1%), along with some Norwegian ancestry residents (3.7%), 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 Tri-City neighborhood spend under 15 minutes commuting one-way to work (41.3% of working residents), one of the shortest commutes across America.
Here most residents (75.4%) 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 (15.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.