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Real Estate Prices & Overview

North Park median real estate price is $600,387, which is more expensive than 64.0% of the neighborhoods in Utah and 74.7% of the neighborhoods in the U.S.

The average rental price in North Park is currently $1,465, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.9% of Utah neighborhoods.

North Park is an urban neighborhood (based on population density) located in Provo, Utah.

North Park 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 North Park 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 North Park are 5.5%, which is lower than one will find in 63.4% of American neighborhoods. Demand for real estate in North Park 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 North Park 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 North Park neighborhood has a greater concentration of residents currently enrolled in college than 99.4% of the neighborhoods in the U.S. With 57.9% of the population here attending college, this is very much a college-focused neighborhood.

In addition, one of the really interesting characteristics about the North Park 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 4.9% of college-friendly places to live in the state of Utah.

Real Estate

96.0% of the real estate in the North Park neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, the real estate in the North Park neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 76.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.2% of American neighborhoods.

Modes of Transportation

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the North Park neighborhood is a fantastic option for bicycle commuters, as 2.8% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 95.3% of the neighborhoods in America.

Also, in the North Park 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 10.7% of residents here. This is a higher proportion of walking commuters than we found in 95.1% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Diversity

Did you know that the North Park neighborhood has more English and Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 33.7% of this neighborhood's residents have English ancestry and 3.9% have Swiss ancestry.

North Park is also pretty special linguistically. Significantly, 3.5% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 98.8% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the North Park neighborhood. In the North Park neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.4% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 North Park 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 92.8% of U.S. neighborhoods. With 23.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.9% 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 North Park neighborhood, 44.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 22.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.3%), and 13.3% 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 North Park neighborhood is English, spoken by 74.4% of households. Other important languages spoken here include Spanish, Portuguese and French.

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 North Park neighborhood in Provo, UT, residents most commonly identify their ethnicity or ancestry as English (33.7%). There are also a number of people of German ancestry (8.2%), and residents who report Mexican roots (5.9%), and some of the residents are also of Asian ancestry (5.4%), along with some Swedish ancestry residents (4.8%), 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 North Park neighborhood spend under 15 minutes commuting one-way to work (55.5% of working residents), one of the shortest commutes across America.

Here most residents (56.8%) 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 (16.0%) and 10.7% of residents also hop out the door and walk to work 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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