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Real Estate Prices & Overview

Southbrook II / Wedgewood VI median real estate price is $237,290, which is more expensive than 60.4% of the neighborhoods in Oklahoma and 28.2% of the neighborhoods in the U.S.

The average rental price in Southbrook II / Wedgewood VI is currently $1,544, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.4% of the neighborhoods in Oklahoma.

Southbrook II / Wedgewood VI is a suburban neighborhood (based on population density) located in Tulsa, Oklahoma.

Southbrook II / Wedgewood VI 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 occupied by a mixture of owners and renters. Many of the residences in the Southbrook II / Wedgewood VI neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Real estate vacancies in Southbrook II / Wedgewood VI are 4.8%, which is lower than one will find in 67.7% of American neighborhoods. Demand for real estate in Southbrook II / Wedgewood VI 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.

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 Tulsa, the Southbrook II / Wedgewood VI neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Southbrook II / Wedgewood VI neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.6% of this neighborhood's residents have Native American ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Southbrook II / Wedgewood VI neighborhood in Tulsa are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 71.3% of U.S. neighborhoods. With 42.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.4% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Southbrook II / Wedgewood VI neighborhood, 32.2% 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 28.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (25.3%), and 14.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Southbrook II / Wedgewood VI neighborhood is English, spoken by 82.0% of households. Some people also speak Spanish (13.9%).

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 Southbrook II / Wedgewood VI neighborhood in Tulsa, OK, residents most commonly identify their ethnicity or ancestry as Mexican (17.3%). There are also a number of people of German ancestry (8.3%), and residents who report Irish roots (8.2%), and some of the residents are also of Sub-Saharan African ancestry (4.5%), along with some Asian ancestry residents (4.4%), among others. In addition, 10.3% 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 Southbrook II / Wedgewood VI neighborhood spend between 15 and 30 minutes commuting one-way to work (53.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (72.5%) 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 (15.1%) . 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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