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Real Estate Prices & Overview

Bridges At Gilbert median real estate price is $832,407, which is more expensive than 90.9% of the neighborhoods in Arizona and 86.0% of the neighborhoods in the U.S.

The average rental price in Bridges At Gilbert is currently $4,706, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.0% of the neighborhoods in Arizona.

Bridges At Gilbert is a suburban neighborhood (based on population density) located in Gilbert, Arizona.

Bridges At Gilbert real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Bridges At Gilbert neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Bridges At Gilbert, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Bridges At Gilbert is very tight compared to the demand for property here.

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 Gilbert, the Bridges At Gilbert neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Owner-occupied real estate dominates the Bridges At Gilbert neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 95.3% of neighborhoods in America. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Bridges At Gilbert neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, homes built from 2000 through today make up a higher proportion of the Bridges At Gilbert neighborhood's real estate landscape than 99.8% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 97.7% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

Furthermore, one way that the Bridges At Gilbert neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.8% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Also of note, the Bridges At Gilbert neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.5% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 96.9% of all neighborhoods in America.

People

A majority of the adults in the Bridges At Gilbert neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Arizona by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 99.7% of the neighborhoods in Arizona. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children, college students and urban sophisticates.

In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Bridges At Gilbert neighborhood may actually hold the key. 75.8% of its residents are married, which is a higher percentage than is found in 99.2% of the neighborhoods in America.

Also, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 1.8% of America's neighborhoods are wealthier than the Bridges At Gilbert neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.

Modes of Transportation

In the Bridges At Gilbert neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 29.2% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 96.4% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Diversity

Did you know that the Bridges At Gilbert neighborhood has more Danish and Croatian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.2% of this neighborhood's residents have Danish ancestry and 0.9% have Croatian ancestry.

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 Bridges At Gilbert neighborhood in Gilbert are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 98.2% of the neighborhoods in America. In addition, 2.9% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 71.6% of America'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 Bridges At Gilbert neighborhood, 57.4% 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 20.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.3%), and 7.1% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Bridges At Gilbert neighborhood is English, spoken by 89.6% of households. Some people also speak Spanish (6.9%).

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 Bridges At Gilbert neighborhood in Gilbert, AZ, residents most commonly identify their ethnicity or ancestry as German (17.7%). There are also a number of people of English ancestry (17.6%), and residents who report Mexican roots (12.9%), and some of the residents are also of Irish ancestry (8.1%), along with some Asian ancestry residents (8.1%), 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 Bridges At Gilbert neighborhood spend between 15 and 30 minutes commuting one-way to work (40.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (66.5%) drive alone in a private automobile to get to work. 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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