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Real Estate Prices & Overview

Frolich Meadows Estates / Cambridge Park median real estate price is $248,015, which is more expensive than 61.3% of the neighborhoods in Oklahoma and 27.6% of the neighborhoods in the U.S.

The average rental price in Frolich Meadows Estates / Cambridge Park is currently $1,947, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 88.5% of the neighborhoods in Oklahoma.

Frolich Meadows Estates / Cambridge Park is a suburban neighborhood (based on population density) located in Oklahoma City, Oklahoma.

Frolich Meadows Estates / Cambridge Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Frolich Meadows Estates / Cambridge Park neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 8.2% in Frolich Meadows Estates / Cambridge Park. NeighborhoodScout analysis shows that this rate is lower than 45.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Oklahoma City, the Frolich Meadows Estates / Cambridge Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

With 13.3% of employed workers living in the Frolich Meadows Estates / Cambridge Park neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.6% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Furthermore, the Frolich Meadows Estates / Cambridge Park neighborhood has a greater proportion of government workers living in it than 99.0% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

Real Estate

If you love row houses and attached homes, you will probably really like the Frolich Meadows Estates / Cambridge Park neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 25.7% of the residential real estate here is classified as row houses and attached homes.

People

According to NeighborhoodScout's research, Frolich Meadows Estates / Cambridge Park is better suited for first-time home buyers than 89.2% of neighborhoods in the state. Most homes here are priced below the state's median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in Oklahoma. Along with an exclusive multi-metric measure of neighborhood quality developed by NeighborhoodScout that scores high here in this neighborhood, this means that buying into the neighborhood is not only an accessible option but considered a decent first time home buyer choice for building equity in your first home, while being in a quality neighborhood In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for highly educated executives.

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 Frolich Meadows Estates / Cambridge Park neighborhood in Oklahoma City are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 47.0% of the neighborhoods in America. With 16.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.1% 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 Frolich Meadows Estates / Cambridge Park neighborhood, 48.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 20.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.1%), and 19.0% in manufacturing and laborer occupations.

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 Frolich Meadows Estates / Cambridge Park neighborhood is English, spoken by 90.6% of households. Other important languages spoken here include Spanish, Italian and Vietnamese.

Ethnicity / Ancestry

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 Frolich Meadows Estates / Cambridge Park neighborhood in Oklahoma City, OK, residents most commonly identify their ethnicity or ancestry as Mexican (7.4%). There are also a number of people of Irish ancestry (6.0%), and residents who report English roots (5.8%), and some of the residents are also of German ancestry (5.7%), along with some Asian ancestry residents (4.3%), among others.

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 Frolich Meadows Estates / Cambridge Park neighborhood spend under 15 minutes commuting one-way to work (44.6% of working residents), one of the shortest commutes across America.

Here most residents (73.3%) 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 (12.0%) . 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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