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Real Estate Prices & Overview

Parkwood North median real estate price is $266,769, which is less expensive than 97.2% of California neighborhoods and 68.3% of all U.S. neighborhoods.

The average rental price in Parkwood North is currently $1,716, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 95.1% of California neighborhoods.

Parkwood North is an urban neighborhood (based on population density) located in Madera, California.

Parkwood North real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Parkwood North neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

Home and apartment vacancy rates are 8.4% in Parkwood North. NeighborhoodScout analysis shows that this rate is lower than 43.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Occupations

Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Parkwood North neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 99.1% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

Furthermore, from major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Parkwood North neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.4% of all American neighborhoods.

People

One of the unique characteristics of the Parkwood North neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.5% of the neighborhoods in America. Also of note, 54.3% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, neighborhoodScout's exclusive research revealed that 96.0% of the adult residents in the Parkwood North neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 98.1% of the neighborhoods in America.

Also, single parenting is hard. But you don't have to tell the Parkwood North neighborhood about it; they already know. 20.9% 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.

Diversity

Did you know that the Parkwood North neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 83.0% of this neighborhood's residents have Mexican ancestry.

Parkwood North is also pretty special linguistically. Significantly, 0.9% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 97.0% of the neighborhoods in America.

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 Parkwood North neighborhood in Madera are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.5% of U.S. neighborhoods. With 54.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.5% 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 Parkwood North neighborhood, 40.5% 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 manufacturing and laborer occupations, with 18.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.9%), and 14.2% in executive, management, and professional occupations.

Languages

The most common language spoken in the Parkwood North neighborhood is Spanish, spoken by 50.0% of households. Some people also speak English (48.0%).

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 Parkwood North neighborhood in Madera, CA, residents most commonly identify their ethnicity or ancestry as Mexican (83.0%). There are also a number of people of Irish ancestry (4.5%), and residents who report English roots (2.6%), and some of the residents are also of Scottish ancestry (1.5%), along with some Sub-Saharan African ancestry residents (1.5%), among others. In addition, 18.2% 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 Parkwood North neighborhood spend between 15 and 30 minutes commuting one-way to work (36.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (82.1%) 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 (6.5%) . 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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Crime includes:
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