Providence median real estate price is $779,735, which is more expensive than 96.5% of the neighborhoods in Alabama and 80.1% of the neighborhoods in the U.S.
The average rental price in Providence is currently $2,345, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 91.4% of the neighborhoods in Alabama.
Providence is a suburban neighborhood (based on population density) located in Huntsville, Alabama.
Providence 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 renter occupied. Many of the residences in the Providence neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Providence, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 85.5% of all neighborhoods in the U.S. This means that the housing supply in Providence is very tight compared to the demand for property here.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Occupations
The Providence neighborhood stands out nationally for having a greater proportion of its residents active in the military than 97.4% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.
Furthermore, the Providence neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 96.0% of the neighborhoods in America. In fact, 71.1% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
People
The rate of college educated adults in the Providence neighborhood is a unique characteristic of the neighborhood. 76.9% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 96.8% of all U.S. neighborhoods.
In addition, one of the most interesting things about the Providence neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 51.8% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 96.5% of the neighborhoods in America.
Also, with a nice mix of college students, safety from crime, and decent walkability, the Providence neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 88.1% of the neighborhoods in AL. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for young, single professionals and highly educated executives.
Real Estate
The real estate in the Providence 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, 79.0% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.6% of American neighborhoods.
In addition, renter-occupied real estate is dominant in the Providence neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 87.7%, which is higher than 96.2% 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.
Furthermore, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Providence neighborhood. A whopping 70.5% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.9% of the neighborhoods in the U.S. Everything here just feels new.
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 Providence neighborhood. In the Providence neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.0% 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 Providence neighborhood has more Ukrainian and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have Ukrainian ancestry and 2.2% have Native American ancestry.
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 Providence neighborhood in Huntsville are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 56.1% of the neighborhoods in America. With 18.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 66.8% 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 Providence neighborhood, 71.1% 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 11.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.2%), and 7.8% in government jobs, whether they are in local, state, or federal positions.
Languages
The most common language spoken in the Providence neighborhood is English, spoken by 89.6% of households. Some people also speak Spanish (2.7%).
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 Providence neighborhood in Huntsville, AL, residents most commonly identify their ethnicity or ancestry as Irish (19.8%). There are also a number of people of German ancestry (9.9%), and residents who report English roots (8.3%), and some of the residents are also of Scottish ancestry (4.0%), along with some Sub-Saharan African ancestry residents (2.6%), among others. In addition, 11.3% of the residents of this neighborhood were born in another country.
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 Providence neighborhood spend under 15 minutes commuting one-way to work (45.1% of working residents), one of the shortest commutes across America.
Here most residents (77.7%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
