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Real Estate Prices & Overview

Welter's / Fair Acres median real estate price is $131,423, which is less expensive than 93.9% of Arizona neighborhoods and 91.5% of all U.S. neighborhoods.

The average rental price in Welter's / Fair Acres is currently $1,598, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.6% of Arizona neighborhoods.

Welter's / Fair Acres is a suburban neighborhood (based on population density) located in Yuma, Arizona.

Welter's / Fair Acres real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Welter's / Fair Acres neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Welter's / Fair Acres. The current real estate vacancy rate here is 33.2%. This is higher than the rate of vacancies in 96.2% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Welter's / Fair Acres neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 21.2% of its workforce, this neighborhood has a greater concentration of government workers than 99.2% of U.S. neighborhoods.

Furthermore, it used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Welter's / Fair Acres neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 9.0% of the workforce so employed, this neighborhood has a greater concentration of such workers than 98.8% of U.S. neighborhoods.

In addition, with 1.8% of employed workers living in the Welter's / Fair Acres neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.7% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

People

Single parenting is hard. But you don't have to tell the Welter's / Fair Acres neighborhood about it; they already know. 20.8% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 97.5% 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.

Real Estate

Despite all of the residential real estate here in the Welter's / Fair Acres neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 33.2%, which is higher than 96.2% of all U.S. neighborhoods.

In addition, the real estate in this neighborhood consists of more mobile homes than 95.4% of all neighborhoods in America, with 30.7% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

Modes of Transportation

Our research reveals that 88.3% of commuters who live in the Welter's / Fair Acres neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 95.3% of U.S. neighborhoods.

Diversity

Did you know that the Welter's / Fair Acres neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 76.0% of this neighborhood's residents have Mexican ancestry.

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 Welter's / Fair Acres neighborhood in Yuma are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 92.2% of U.S. neighborhoods. With 48.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.5% 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 Welter's / Fair Acres neighborhood, 37.1% 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 government jobs, whether they are in local, state, or federal positions, with 21.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.4%), and 17.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Welter's / Fair Acres neighborhood is Spanish, spoken by 51.2% of households. Some people also speak English (46.2%).

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 Welter's / Fair Acres neighborhood in Yuma, AZ, residents most commonly identify their ethnicity or ancestry as Mexican (76.0%). There are also a number of people of English ancestry (3.6%), and residents who report German roots (2.9%), and some of the residents are also of Irish ancestry (2.1%), along with some Greek ancestry residents (1.6%), among others. In addition, 20.5% 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 Welter's / Fair Acres neighborhood spend between 15 and 30 minutes commuting one-way to work (46.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (88.3%) 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 (10.2%) . 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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