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Real Estate Prices & Overview

Parke Place Phoenix / Eighteen Bells Park median real estate price is $377,645, which is more expensive than 39.0% of the neighborhoods in Arizona and 51.9% of the neighborhoods in the U.S.

The average rental price in Parke Place Phoenix / Eighteen Bells Park is currently $2,578, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.9% of the neighborhoods in Arizona.

Parke Place Phoenix / Eighteen Bells Park is an urban neighborhood (based on population density) located in Phoenix, Arizona.

Parke Place Phoenix / Eighteen Bells Park 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 occupied by a mixture of owners and renters. Many of the residences in the Parke Place Phoenix / Eighteen Bells Park neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Parke Place Phoenix / Eighteen Bells Park, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 85.4% of all neighborhoods in the U.S. This means that the housing supply in Parke Place Phoenix / Eighteen Bells Park 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 Parke Place Phoenix / Eighteen Bells Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Parke Place Phoenix / Eighteen Bells Park has the amazing distinction of housing more same sex couples living together than 97.3% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

Diversity

Did you know that the Parke Place Phoenix / Eighteen Bells Park neighborhood has more Croatian and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.6% of this neighborhood's residents have Croatian ancestry and 2.6% have Yugoslav ancestry.

Parke Place Phoenix / Eighteen Bells Park is also pretty special linguistically. Significantly, 0.5% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 95.4% of the neighborhoods in America.

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 Parke Place Phoenix / Eighteen Bells Park neighborhood in Phoenix are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 50.0% of the neighborhoods in America. In addition, 3.0% 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 71.5% of America'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 Parke Place Phoenix / Eighteen Bells Park neighborhood, 35.7% 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 executive, management, and professional occupations, with 35.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.6%), and 13.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Parke Place Phoenix / Eighteen Bells Park neighborhood is English, spoken by 74.4% of households. Some people also speak Spanish (19.4%).

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 Parke Place Phoenix / Eighteen Bells Park neighborhood in Phoenix, AZ, residents most commonly identify their ethnicity or ancestry as Mexican (21.0%). There are also a number of people of English ancestry (15.6%), and residents who report Irish roots (9.0%), and some of the residents are also of German ancestry (7.8%), along with some Italian ancestry residents (6.2%), among others. In addition, 15.7% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Parke Place Phoenix / Eighteen Bells Park neighborhood spend between 15 and 30 minutes commuting one-way to work (46.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (69.4%) 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 (11.2%) . 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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