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Real Estate Prices & Overview

Papago Fwy / N 51st Ave median real estate price is $210,514, which is less expensive than 87.7% of Arizona neighborhoods and 77.1% of all U.S. neighborhoods.

The average rental price in Papago Fwy / N 51st Ave is currently $1,869, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.2% of Arizona neighborhoods.

Papago Fwy / N 51st Ave is an urban neighborhood (based on population density) located in Phoenix, Arizona.

Papago Fwy / N 51st Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Papago Fwy / N 51st Ave neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

In Papago Fwy / N 51st Ave, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 85.4% of all neighborhoods in the U.S. This means that the housing supply in Papago Fwy / N 51st Ave is very tight compared to the demand for property here.

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 Phoenix, the Papago Fwy / N 51st Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Papago Fwy / N 51st Ave neighborhood has more single mother households than 100.0% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

In addition, neighborhoodScout's exclusive research revealed that 95.1% of the adult residents in the Papago Fwy / N 51st Ave neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.3% of the neighborhoods in America.

Real Estate

Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Papago Fwy / N 51st Ave neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 52.0% of the real estate here is made up of such dwellings, which is higher than 98.6% of all U.S. neighborhoods.

In addition, the Papago Fwy / N 51st Ave neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 91.1% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Furthermore, renter-occupied real estate is dominant in the Papago Fwy / N 51st Ave neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 91.1%, which is higher than 97.1% 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.

Also of note, most neighborhoods are composed of a mixture of ages of homes, but the Papago Fwy / N 51st Ave stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 81.6% of the residential real estate here was built in this one time period.

Diversity

Did you know that the Papago Fwy / N 51st Ave neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 85.1% of this neighborhood's residents have Mexican ancestry.

Papago Fwy / N 51st Ave is also pretty special linguistically. Significantly, 64.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.5% of all U.S. neighborhoods.

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 Papago Fwy / N 51st Ave 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 90.5% of U.S. neighborhoods. With 32.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.5% 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 Papago Fwy / N 51st Ave neighborhood, 31.0% 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 clerical, assistant, and tech support occupations, with 28.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (27.6%), and 12.7% in executive, management, and professional occupations.

Languages

The most common language spoken in the Papago Fwy / N 51st Ave neighborhood is Spanish, spoken by 64.0% of households. Some people also speak English (34.6%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Papago Fwy / N 51st Ave neighborhood in Phoenix, AZ, residents most commonly identify their ethnicity or ancestry as Mexican (85.1%). There are also a number of people of Irish ancestry (3.5%), and residents who report German roots (2.0%). In addition, 36.6% of the residents of this neighborhood were born in another country.

Getting to Work

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 Papago Fwy / N 51st Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (35.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (81.4%) 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 (10.1%) . 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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