A Look at America's Economically Integrated Neighborhoods

courtesy of Redfin

We gush over the most expensive homes, and examine affordable housing all over the United States, but what about the economically diverse areas?

These are neighborhoods where home prices and home sizes are vastly different, but families share safe parks and sidewalks. And it turns out, these areas are good for society, Redfin reports.

The Pew Charitable Trusts found that neighborhoods with a wide range of incomes saw greater economic mobility than neighborhoods where the incomes were similar.

So where should you look if you want to live in an economically integrated city? Boston tops the charts with 51% of the city boasting a healthy mix of home prices with Seattle coming in second at 31%. Denver and San Jose tie for fourth at 24%.

But the similarities end there; 53% of San Jose is high-end compared to 24% affordable. For Denver, 7% is high-end and 69% affordable. Similarly, Baltimore and San Francisco are near the back of the pack with 11% and 10% respectively. Yet, Baltimore has only 3% high-end and 86% affordable, while San Fran is 88% high-end and just 2% affordable.

It's also interesting to see the breakdown of which neighborhoods were most diverse within the cities. For instance, Queen Anne, seemingly one of Seattle's swankiest neighborhoods, is actually 61% balanced. [Redfin]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Texas Flips Blue, Putting Data Center Boom On Notice

Hynes Vows To Bring Property Tax Stability As New Cook County Assessor

Donalds Makes History With Win For Florida Governor, Voters OK Property Tax Amendment

Democrats Win Congress As America's Data Center Backlash Hits The Ballot Box

U.S. Hotel RevPAR Surges 7% In Q3, But Expect Easing From Here

Stock Sell-Off, Bond Market Jitters Signal Financing Trouble For AI Data Centers

Starwood Launches Residential Land JV Targeting $1B In Annual Originations

RealPage Antitrust Case Ends With Nearly $360M In Settlements For Renters

ZOM Living Entity Files For Bankruptcy To Fund Fight To Overturn $323M Judgment

How Colliers Engineering Helped A Struggling Dam Move To The Head Of The Class

Real Estate's Bottom Rung Is Getting Harder To Reach — And Now It Wants AI Skills

OpenAI Plans Data Center Rebrand To Make Projects Palatable To Voters