Gateway Park median real estate price is $217,332, which is less expensive than 84.4% of Arizona neighborhoods and 76.1% of all U.S. neighborhoods.
The average rental price in Gateway Park is currently $1,624, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.9% of Arizona neighborhoods.
Gateway Park is an urban neighborhood (based on population density) located in Phoenix, Arizona.
Gateway Park real estate is primarily made up of small (studio to two 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 Gateway Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Gateway Park, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Gateway Park is very tight compared to the demand for property here.
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 Phoenix, the Gateway Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
With a real estate vacancy rate of only 0.0%, the Gateway Park neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
If you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 1.6% of the Gateway Park neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 99.3% of America's neighborhoods.
Also, our research shows that more people carpool to work here in the Gateway Park (26.0%) than in 97.6% of the neighborhoods in America.
The Gateway Park neighborhood stands out within Arizona 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 5.3% of college-friendly places to live in AZ.
Did you know that the Gateway Park neighborhood has more Sub-Saharan African and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 14.5% of this neighborhood's residents have Sub-Saharan African ancestry and 61.5% have Mexican ancestry.
Gateway Park is also pretty special linguistically. Significantly, 8.0% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 99.5% of the neighborhoods in America.
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 Gateway Park neighborhood in Phoenix are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 90.2% of U.S. neighborhoods. With 17.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.4% 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 Gateway Park neighborhood, 34.4% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 29.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.6%), and 11.2% in clerical, assistant, and tech support occupations.
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 Gateway Park neighborhood is Spanish, spoken by 53.7% of households. Other important languages spoken here include English, African languages and Native American languages.
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 Gateway Park neighborhood in Phoenix, AZ, residents most commonly identify their ethnicity or ancestry as Mexican (61.5%). There are also a number of people of Sub-Saharan African ancestry (14.5%), and residents who report German roots (5.8%), and some of the residents are also of Italian ancestry (5.2%), along with some African ancestry residents (3.0%), among others. In addition, 40.1% of the residents of this neighborhood were born in another country.
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 Gateway Park neighborhood spend between 30 and 45 minutes commuting one-way to work (44.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (59.6%) 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 (26.0%) and 6.8% 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.