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Real Estate Prices & Overview

Mill Creek / Arkansas Tech University median real estate price is $276,603, which is more expensive than 67.5% of the neighborhoods in Arkansas and 34.4% of the neighborhoods in the U.S.

The average rental price in Mill Creek / Arkansas Tech University is currently $1,370, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.9% of Arkansas neighborhoods.

Mill Creek / Arkansas Tech University is a rural neighborhood (based on population density) located in Russellville, Arkansas.

Mill Creek / Arkansas Tech University real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Mill Creek / Arkansas Tech University neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Mill Creek / Arkansas Tech University has a 15.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.6% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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.

People

NeighborhoodScout's analysis shows that the Mill Creek / Arkansas Tech University neighborhood has a greater concentration of residents currently enrolled in college than 99.2% of the neighborhoods in the U.S. With 49.4% of the population here attending college, this is very much a college-focused neighborhood.

In addition, the Mill Creek / Arkansas Tech University neighborhood stands out within Arkansas 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 9.4% of college-friendly places to live in AR.

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 Mill Creek / Arkansas Tech University neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Mill Creek / Arkansas Tech University neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 70.6% 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 98.6% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Mill Creek / Arkansas Tech University neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.3% of all American neighborhoods.

Modes of Transportation

In the Mill Creek / Arkansas Tech University 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 16.0% of residents here. This is a higher proportion of walking commuters than we found in 97.4% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Mill Creek / Arkansas Tech University neighborhood. In the Mill Creek / Arkansas Tech University neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Mill Creek / Arkansas Tech University neighborhood in Russellville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.0% of U.S. neighborhoods. With 21.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.3% 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 Mill Creek / Arkansas Tech University neighborhood, 44.2% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 28.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.0%), and 4.1% in clerical, assistant, and tech support 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 Mill Creek / Arkansas Tech University neighborhood is English, spoken by 87.5% of households. Other important languages spoken here include Spanish and Langs. of India.

Ethnicity / Ancestry

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 Mill Creek / Arkansas Tech University neighborhood in Russellville, AR, residents most commonly identify their ethnicity or ancestry as Irish (9.9%). There are also a number of people of Mexican ancestry (9.4%), and residents who report English roots (8.0%), and some of the residents are also of German ancestry (4.4%), along with some Asian ancestry residents (3.9%), 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 Mill Creek / Arkansas Tech University neighborhood spend under 15 minutes commuting one-way to work (70.6% of working residents), one of the shortest commutes across America.

Here most residents (75.8%) 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 (16.0%) and 8.2% of residents also carpool with coworkers, friends, or neighbors 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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