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Real Estate Prices & Overview

Joaquin North median real estate price is $481,578, which is more expensive than 40.1% of the neighborhoods in Utah and 65.3% of the neighborhoods in the U.S.

The average rental price in Joaquin North is currently $1,187, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.9% of Utah neighborhoods.

Joaquin North is a densely urban neighborhood (based on population density) located in Provo, Utah.

Joaquin North 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Joaquin North neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Joaquin North are 4.8%, which is lower than one will find in 67.8% of American neighborhoods. Demand for real estate in Joaquin North 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 Provo, the Joaquin North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

NeighborhoodScout's analysis shows that the Joaquin North neighborhood has a greater concentration of residents currently enrolled in college than 99.7% of the neighborhoods in the U.S. With 77.2% of the population here attending college, this is very much a college-focused neighborhood.

In addition, one of the really interesting characteristics about the Joaquin North neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 1.5% of college-friendly places to live in the state of Utah.

Modes of Transportation

In the Joaquin North 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 29.8% of residents here. This is a higher proportion of walking commuters than we found in 99.1% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Real Estate

Renter-occupied real estate is dominant in the Joaquin North neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 99.1%, which is higher than 99.0% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

In addition, the Joaquin North neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 31,466 persons per square mile in the neighborhood, it is more packed with people than 97.1% of the nation's neighborhoods.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Joaquin North neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.7% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Joaquin North neighborhood has more Danish and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.0% of this neighborhood's residents have Danish ancestry and 26.2% have English 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 Joaquin North neighborhood in Provo are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.8% of U.S. neighborhoods. With 16.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.7% 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 Joaquin North neighborhood, 47.6% 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 25.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.6%), and 8.8% 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 Joaquin North neighborhood is English, spoken by 69.6% of households. Other important languages spoken here include Spanish and French.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Joaquin North neighborhood in Provo, UT, residents most commonly identify their ethnicity or ancestry as English (26.2%). There are also a number of people of German ancestry (13.9%), and residents who report Mexican roots (6.1%), and some of the residents are also of Asian ancestry (4.1%), along with some Danish ancestry residents (4.0%), among others.

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 Joaquin North neighborhood spend under 15 minutes commuting one-way to work (47.1% of working residents), one of the shortest commutes across America.

Here most residents (48.5%) 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 (29.8%) and 5.3% of residents also ride the bus 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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