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Real Estate Prices & Overview

Van Buren Northwest median real estate price is $162,904, which is more expensive than 45.6% of the neighborhoods in Arkansas and 18.0% of the neighborhoods in the U.S.

The average rental price in Van Buren Northwest is currently $1,332, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.7% of Arkansas neighborhoods.

Van Buren Northwest is a suburban neighborhood (based on population density) located in Van Buren, Arkansas.

Van Buren Northwest real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Van Buren Northwest neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Van Buren Northwest has a 13.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.5% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

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

With 2.5% of employed workers living in the Van Buren Northwest neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 97.3% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

People

The Van Buren Northwest neighborhood stands out within Arkansas for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 9.8% of college-friendly places to live in AR.

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 Van Buren Northwest neighborhood in Van Buren are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 66.4% of U.S. neighborhoods. With 22.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.7% 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 Van Buren Northwest neighborhood, 35.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 29.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.5%), and 12.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Van Buren Northwest neighborhood is English, spoken by 86.6% of households. Some people also speak Spanish (10.5%).

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 Van Buren Northwest neighborhood in Van Buren, AR, residents most commonly identify their ethnicity or ancestry as German (15.3%). There are also a number of people of Irish ancestry (13.5%), and residents who report English roots (7.8%), and some of the residents are also of Mexican ancestry (6.1%), along with some Asian ancestry residents (2.8%), 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 Van Buren Northwest neighborhood spend under 15 minutes commuting one-way to work (45.9% of working residents), one of the shortest commutes across America.

Here most residents (85.3%) 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 (10.3%) . 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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