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Real Estate Prices & Overview

Forgotten Homes / Parkview median real estate price is $194,293, which is less expensive than 69.4% of Missouri neighborhoods and 82.2% of all U.S. neighborhoods.

The average rental price in Forgotten Homes / Parkview is currently $1,152, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.6% of Missouri neighborhoods.

Forgotten Homes / Parkview is an urban neighborhood (based on population density) located in Kansas City, Missouri.

Forgotten Homes / Parkview 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 renter occupied. Many of the residences in the Forgotten Homes / Parkview neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Forgotten Homes / Parkview has a 9.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.6% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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 Kansas City, the Forgotten Homes / Parkview neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Forgotten Homes / Parkview neighborhood stands out for having an average per capita income lower than 99.9% of the neighborhoods in the United States. The Forgotten Homes / Parkview neighborhood also has a greater percentage of children living in poverty (71.9%) than found in 98.7% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

In addition, one of the most interesting things about the Forgotten Homes / Parkview neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 58.3% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 98.3% of the neighborhoods in America.

Also, with a nice mix of college students, safety from crime, and decent walkability, the Forgotten Homes / Parkview 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 86.6% of the neighborhoods in MO. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Modes of Transportation

In the Forgotten Homes / Parkview neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 21.3% of residents here. This is a higher proportion of walking commuters than we found in 98.4% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Real Estate

One of the really unique and interesting things about the look and setting of the Forgotten Homes / Parkview neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 74.1% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.7% of all neighborhoods in America.

Diversity

Did you know that the Forgotten Homes / Parkview neighborhood has more Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 29.6% of this neighborhood's residents have Sub-Saharan African ancestry.

Forgotten Homes / Parkview is also pretty special linguistically. Significantly, 10.4% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 99.7% 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 Forgotten Homes / Parkview neighborhood in Kansas City are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.9% of U.S. neighborhoods. With 71.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.7% of U.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 Forgotten Homes / Parkview neighborhood, 69.6% 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 16.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.0%), and 2.7% in government jobs, whether they are in local, state, or federal positions.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Forgotten Homes / Parkview neighborhood is English, spoken by 54.1% of households. Other important languages spoken here include Spanish, African languages and Japanese.

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 Forgotten Homes / Parkview neighborhood in Kansas City, MO, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (29.6%). There are also a number of people of Asian ancestry (7.0%), and residents who report Puerto Rican roots (6.4%), and some of the residents are also of South American ancestry (3.5%), along with some Italian ancestry residents (3.5%), among others. In addition, 26.3% 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 Forgotten Homes / Parkview neighborhood spend under 15 minutes commuting one-way to work (38.9% of working residents), one of the shortest commutes across America.

Here most residents (60.6%) 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 (21.3%) and 7.7% 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.

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