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Real Estate Prices & Overview

Oak Hills median real estate price is $742,806, which is more expensive than 68.3% of the neighborhoods in Utah and 78.4% of the neighborhoods in the U.S.

The average rental price in Oak Hills is currently $1,311, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 90.1% of Utah neighborhoods.

Oak Hills is a suburban neighborhood (based on population density) located in Provo, Utah.

Oak Hills real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Oak Hills neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Oak Hills are 4.3%, which is lower than one will find in 71.2% of American neighborhoods. Demand for real estate in Oak Hills 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 Oak Hills neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

An extraordinary 24.0% of the residents of the Oak Hills neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

In addition, one of the really interesting characteristics about the Oak Hills 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 4.5% of college-friendly places to live in the state of Utah. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for active retirees.

Modes of Transportation

More people in Oak Hills choose to walk to work each day (18.5%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Oak Hills neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Oak Hills neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 57.9% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 95.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Real Estate

One way that the Oak Hills neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.2% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Diversity

Did you know that the Oak Hills neighborhood has more Danish and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.4% of this neighborhood's residents have Danish ancestry and 40.5% have English ancestry.

Oak Hills is also pretty special linguistically. Significantly, 7.1% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 96.6% of the neighborhoods in America.

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 Oak Hills neighborhood in Provo are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 53.9% of the neighborhoods in America. In addition, 3.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 71.6% of America'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 Oak Hills neighborhood, 50.9% 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 24.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.3%), and 12.1% in clerical, assistant, and tech support 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 Oak Hills neighborhood is English, spoken by 79.5% of households. Other important languages spoken here include Chinese and Spanish.

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 Oak Hills neighborhood in Provo, UT, residents most commonly identify their ethnicity or ancestry as English (40.5%). There are also a number of people of German ancestry (15.0%), and residents who report Danish roots (9.4%), and some of the residents are also of Scottish ancestry (6.8%), along with some Asian ancestry residents (4.9%), 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 Oak Hills neighborhood spend under 15 minutes commuting one-way to work (57.9% of working residents), one of the shortest commutes across America.

Here most residents (52.4%) 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 (18.5%) and 8.1% of residents also carpool with coworkers, friends, or neighbors 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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