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Real Estate Prices & Overview

Forbing Park / Wildwood Estates median real estate price is $793,058, which is more expensive than 90.5% of the neighborhoods in Arizona and 85.1% of the neighborhoods in the U.S.

The average rental price in Forbing Park / Wildwood Estates is currently $3,180, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.0% of the neighborhoods in Arizona.

Forbing Park / Wildwood Estates is a rural neighborhood (based on population density) located in Prescott, Arizona.

Forbing Park / Wildwood Estates real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Forbing Park / Wildwood Estates 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.

Home and apartment vacancy rates are 7.6% in Forbing Park / Wildwood Estates. NeighborhoodScout analysis shows that this rate is lower than 50.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

Of note is NeighborhoodScout's research finding that the Forbing Park / Wildwood Estates neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Forbing Park / Wildwood Estates community truly stands out from the rest in this regard.

In addition, if you are planning to retire in Arizona, this neighborhood should be on your must-see list. For many reasons, Forbing Park / Wildwood Estates may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Arizona, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 95.6% of neighborhoods in AZ. If a Arizona retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.

Real Estate

The Forbing Park / Wildwood Estates neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 100.0% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 98.7% of all neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Forbing Park / Wildwood Estates neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 40.7% of the households here have four, five, or more cars. That is more cars per household than in 98.4% of the neighborhoods in the nation.

Diversity

Did you know that the Forbing Park / Wildwood Estates neighborhood has more English and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.1% of this neighborhood's residents have English ancestry and 10.2% have Puerto Rican ancestry.

Forbing Park / Wildwood Estates is also pretty special linguistically. Significantly, 2.7% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 97.7% 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 Forbing Park / Wildwood Estates neighborhood in Prescott are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 82.3% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America'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 Forbing Park / Wildwood Estates neighborhood, 56.7% 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 23.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.9%), and 5.3% 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 Forbing Park / Wildwood Estates neighborhood is English, spoken by 85.9% of households. Other important languages spoken here include Spanish and German/Yiddish.

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 Forbing Park / Wildwood Estates neighborhood in Prescott, AZ, residents most commonly identify their ethnicity or ancestry as German (25.6%). There are also a number of people of English ancestry (23.1%), and residents who report Irish roots (22.3%), and some of the residents are also of Puerto Rican ancestry (10.2%), along with some Scottish 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 Forbing Park / Wildwood Estates neighborhood spend under 15 minutes commuting one-way to work (44.5% of working residents), one of the shortest commutes across America.

Here most residents (68.4%) 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 (12.0%) and 9.0% of residents also hop out the door and walk to work 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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