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Real Estate Prices & Overview

Happy Valley median real estate price is $484,838, which is more expensive than 36.5% of the neighborhoods in Washington and 58.6% of the neighborhoods in the U.S.

The average rental price in Happy Valley is currently $1,640, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.0% of Washington neighborhoods.

Happy Valley is an urban neighborhood (based on population density) located in Bellingham, Washington.

Happy Valley 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 Happy Valley 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 Happy Valley are 4.7%, which is lower than one will find in 68.3% of American neighborhoods. Demand for real estate in Happy Valley 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

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 7.5% of residents in the Happy Valley neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.2% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, in the Happy Valley 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 10.8% of residents here. This is a higher proportion of walking commuters than we found in 95.2% of American neighborhoods. Get ready to put on your walking shoes if you move here!

People

An extraordinary 27.2% of the residents of the Happy Valley neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

In addition, of note, 56.5% 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.

Also, with a nice mix of college students, safety from crime, and decent walkability, the Happy Valley neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 85.4% of the neighborhoods in WA. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Happy Valley neighborhood have a highly unusual car ownership. 20.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.2% of U.S. neighborhoods.

Diversity

Did you know that the Happy Valley neighborhood has more Dutch and Danish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.2% of this neighborhood's residents have Dutch ancestry and 2.0% have Danish ancestry.

Happy Valley is also pretty special linguistically. Significantly, 0.4% 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 97.6% 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 Happy Valley neighborhood in Bellingham are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 93.5% of U.S. neighborhoods. With 56.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.0% 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 Happy Valley neighborhood, 40.8% 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 22.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.2%), and 13.5% in manufacturing and laborer occupations.

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 Happy Valley neighborhood is English, spoken by 82.9% of households. Other important languages spoken here include Chinese and Spanish.

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 Happy Valley neighborhood in Bellingham, WA, residents most commonly identify their ethnicity or ancestry as German (13.5%). There are also a number of people of Asian ancestry (12.4%), and residents who report Irish roots (7.8%), and some of the residents are also of Dutch ancestry (7.2%), along with some English ancestry residents (6.2%), among others. In addition, 14.2% 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 Happy Valley neighborhood spend under 15 minutes commuting one-way to work (45.1% of working residents), one of the shortest commutes across America.

Here most residents (57.8%) 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 (10.8%) and 8.6% of residents also ride the bus 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.


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