Panther Valley South median real estate price is $529,765, which is more expensive than 62.9% of the neighborhoods in Nevada and 67.7% of the neighborhoods in the U.S.
The average rental price in Panther Valley South is currently $2,156, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.4% of Nevada neighborhoods.
Panther Valley South is a suburban neighborhood (based on population density) located in Reno, Nevada.
Panther Valley South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Panther Valley South neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Panther Valley South are 2.9%, which is lower than one will find in 79.6% of American neighborhoods. Demand for real estate in Panther Valley South is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 Reno, the Panther Valley South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
An interesting characteristic about the Panther Valley South neighborhood is that there are more incarcerated people living here than 99.1% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.
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 Panther Valley South neighborhood in Reno are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 40.3% of the neighborhoods in America. With 17.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.8% 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 Panther Valley South neighborhood, 28.1% 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 27.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (26.9%), and 17.8% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Panther Valley South neighborhood is English, spoken by 65.3% of households. Some people also speak Spanish (32.1%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Panther Valley South neighborhood in Reno, NV, residents most commonly identify their ethnicity or ancestry as Mexican (36.7%). There are also a number of people of Irish ancestry (6.7%), and residents who report German roots (5.8%), and some of the residents are also of English ancestry (4.4%), along with some French ancestry residents (3.8%), among others. In addition, 11.7% of the residents of this neighborhood were born in another country.
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 Panther Valley South neighborhood spend between 15 and 30 minutes commuting one-way to work (56.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (81.0%) 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 (7.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.