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Real Estate Prices & Overview

Tom Watkins median real estate price is $132,418, which is less expensive than 82.6% of Missouri neighborhoods and 90.2% of all U.S. neighborhoods.

The average rental price in Tom Watkins is currently $1,178, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.2% of Missouri neighborhoods.

Tom Watkins is a suburban neighborhood (based on population density) located in Springfield, Missouri.

Tom Watkins real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Tom Watkins neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Tom Watkins are 4.4%, which is lower than one will find in 70.7% of American neighborhoods. Demand for real estate in Tom Watkins is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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

More people work in manufacturing and as laborers here in the Tom Watkins neighborhood than in 98.8% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

People

The Tom Watkins neighborhood stands out for having an average per capita income lower than 96.7% of the neighborhoods in the United States.

Diversity

Did you know that the Tom Watkins neighborhood has more Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Eastern European ancestry.

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 Tom Watkins neighborhood in Springfield are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.7% of U.S. neighborhoods. With 31.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.6% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Tom Watkins neighborhood, 49.7% of the working population is employed in manufacturing and laborer 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 20.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (16.1%), and 12.0% 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 Tom Watkins neighborhood is English, spoken by 89.3% of households. Other important languages spoken here include Spanish and Italian.

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 Tom Watkins neighborhood in Springfield, MO, residents most commonly identify their ethnicity or ancestry as Mexican (11.5%). There are also a number of people of English ancestry (9.5%), and residents who report German roots (9.5%), and some of the residents are also of Irish ancestry (6.5%), along with some French ancestry residents (4.8%), among others.

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 Tom Watkins neighborhood spend between 15 and 30 minutes commuting one-way to work (56.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (85.2%) 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 (11.2%) . 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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