Prescott Northwest median real estate price is $471,571, which is more expensive than 56.0% of the neighborhoods in Arizona and 62.5% of the neighborhoods in the U.S.
The average rental price in Prescott Northwest is currently $2,630, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.8% of the neighborhoods in Arizona.
Prescott Northwest is a suburban neighborhood (based on population density) located in Prescott, Arizona.
Prescott Northwest real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Prescott Northwest neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Prescott Northwest, the current vacancy rate is 0.9%, which is a lower rate of vacancies than 90.8% of all neighborhoods in the U.S. This means that the housing supply in Prescott Northwest is very tight compared to the demand for property here.
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 Prescott, the Prescott Northwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Prescott Northwest 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 99.5% 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 98.6% of all neighborhoods in America.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Prescott Northwest neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Prescott Northwest neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 62.7% 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 96.9% of U.S. neighborhoods. Less time commuting means more time for other things in life.
More people in Prescott Northwest choose to walk to work each day (12.3%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
With a nice mix of college students, safety from crime, and decent walkability, the Prescott Northwest neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 85.8% of the neighborhoods in AZ. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for families with school-aged children.
Did you know that the Prescott Northwest neighborhood has more Norwegian and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.7% of this neighborhood's residents have Norwegian ancestry and 1.7% have Brazilian ancestry.
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 Prescott Northwest neighborhood in Prescott are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 65.4% of the neighborhoods in America. With 13.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 59.3% of U.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 Prescott Northwest neighborhood, 48.8% 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 22.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.3%), and 13.9% in clerical, assistant, and tech support occupations.
The most common language spoken in the Prescott Northwest neighborhood is English, spoken by 97.7% of households.
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 Prescott Northwest neighborhood in Prescott, AZ, residents most commonly identify their ethnicity or ancestry as German (34.0%). There are also a number of people of English ancestry (24.2%), and residents who report Mexican roots (12.5%), and some of the residents are also of Norwegian ancestry (11.7%), along with some Irish ancestry residents (11.5%), among others.
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 Prescott Northwest neighborhood spend under 15 minutes commuting one-way to work (62.7% of working residents), one of the shortest commutes across America.
Here most residents (67.8%) 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 (12.3%) and 9.8% 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.