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Real Estate Prices & Overview

Academy North median real estate price is $181,598, which is more expensive than 29.3% of the neighborhoods in Missouri and 17.0% of the neighborhoods in the U.S.

The average rental price in Academy North is currently $1,160, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.9% of Missouri neighborhoods.

Academy North is a suburban neighborhood (based on population density) located in St. Louis, Missouri.

Academy North real estate is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) small apartment buildings 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 Academy North neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Academy North. The current real estate vacancy rate here is 43.1%. This is higher than the rate of vacancies in 98.2% 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

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 St. Louis, the Academy North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 99.7% of U.S. neighborhoods.

People

Of note, 70.2% 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, of particular note, 2.6% of the people in the Academy North neighborhood currently reside in a correction facility, held due to punishment for a crime.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Academy North neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 50.2% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.5% of America's neighborhoods.

In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 43.1% of the residential real estate vacant, the Academy North neighborhood claims the distinction of having a higher vacancy rate than 98.2% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Academy North neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 76.7% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.4% of the neighborhoods in the United States.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Academy North neighborhood have a highly unusual car ownership. 24.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.2% of U.S. neighborhoods.

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 Academy North neighborhood in St. Louis are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 93.9% of U.S. neighborhoods. With 70.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.5% 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 Academy North neighborhood, 38.8% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.9%), and 14.5% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Academy North neighborhood is English, spoken by 100.0% of households.

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 Academy North neighborhood in St. Louis, MO, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (3.6%). There are also a number of people of Irish ancestry (2.1%).

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 Academy North neighborhood spend between 15 and 30 minutes commuting one-way to work (66.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (54.8%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (29.6%) and 7.1% 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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