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Real Estate Prices & Overview

W Monte Vista Rd / N 71st Ave median real estate price is $389,486, which is less expensive than 60.7% of Arizona neighborhoods and 48.3% of all U.S. neighborhoods.

The average rental price in W Monte Vista Rd / N 71st Ave is currently $1,843, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 69.0% of Arizona neighborhoods.

W Monte Vista Rd / N 71st Ave is an urban neighborhood (based on population density) located in Phoenix, Arizona.

W Monte Vista Rd / N 71st Ave real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the W Monte Vista Rd / N 71st Ave neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In W Monte Vista Rd / N 71st Ave, 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 W Monte Vista Rd / N 71st Ave 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 Phoenix, the W Monte Vista Rd / N 71st Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

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 W Monte Vista Rd / N 71st Ave 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, most neighborhoods are composed of a mixture of ages of homes, but the W Monte Vista Rd / N 71st Ave stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 95.3% of the residential real estate here was built in this one time period.

People

Single parenting is hard. But you don't have to tell the W Monte Vista Rd / N 71st Ave neighborhood about it; they already know. 33.8% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.8% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

In addition, the W Monte Vista Rd / N 71st Ave neighborhood is unique for having just 1.9% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 98.7% of America's neighborhoods.

Modes of Transportation

Our research shows that more people carpool to work here in the W Monte Vista Rd / N 71st Ave (32.7%) than in 99.2% of the neighborhoods in America.

Occupations

NeighborhoodScout's exclusive research identifies the W Monte Vista Rd / N 71st Ave neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 46.0% of its working residents employed in such fields, which is a higher proportion than 97.9% of American neighborhoods.

Furthermore, with 1.5% of employed workers living in the W Monte Vista Rd / N 71st Ave neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.1% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Diversity

Did you know that the W Monte Vista Rd / N 71st Ave neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 83.1% of this neighborhood's residents have Mexican ancestry.

W Monte Vista Rd / N 71st Ave is also pretty special linguistically. Significantly, 83.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.1% of all U.S. neighborhoods.

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 W Monte Vista Rd / N 71st Ave neighborhood in Phoenix are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.6% of U.S. neighborhoods. With 37.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.7% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the W Monte Vista Rd / N 71st Ave neighborhood, 46.0% of the working population is employed in manufacturing and laborer 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 22.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.8%), and 14.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the W Monte Vista Rd / N 71st Ave neighborhood is Spanish, spoken by 83.8% of households. Some people also speak English (16.0%).

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 W Monte Vista Rd / N 71st Ave neighborhood in Phoenix, AZ, residents most commonly identify their ethnicity or ancestry as Mexican (83.1%). In addition, 41.2% 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 W Monte Vista Rd / N 71st Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (38.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (60.8%) 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 (32.7%) . 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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