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Real Estate Prices & Overview

Castle median real estate price is $530,081, which is more expensive than 50.7% of the neighborhoods in Utah and 69.0% of the neighborhoods in the U.S.

The average rental price in Castle is currently $2,373, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 77.6% of the neighborhoods in Utah.

Castle is a suburban neighborhood (based on population density) located in North Salt Lake, Utah.

Castle real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Castle neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Castle, the current vacancy rate is 2.9%, which is a lower rate of vacancies than 80.9% of all neighborhoods in the U.S. This means that the housing supply in Castle 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 North Salt Lake, the Castle neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Homes built from 2000 through today make up a higher proportion of the Castle neighborhood's real estate landscape than 96.0% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 70.9% of the residential real estate here is classified as newer.

Diversity

Did you know that the Castle neighborhood has more Greek and Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.4% of this neighborhood's residents have Greek ancestry and 2.8% have Swiss ancestry.

Castle is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 95.9% of the neighborhoods in America.

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 Castle neighborhood in North Salt Lake are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.9% of the neighborhoods in America. In addition, 3.2% 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 70.6% of America'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 Castle neighborhood, 40.2% 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 27.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.3%), and 14.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Castle neighborhood is English, spoken by 77.5% of households. Some people also speak Spanish (11.5%).

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 Castle neighborhood in North Salt Lake, UT, residents most commonly identify their ethnicity or ancestry as English (18.2%). There are also a number of people of Mexican ancestry (11.9%), and residents who report German roots (10.1%), and some of the residents are also of Dutch ancestry (5.2%), along with some Greek ancestry residents (4.4%), among others. In addition, 15.6% 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 Castle neighborhood spend between 15 and 30 minutes commuting one-way to work (55.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (73.5%) 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 (11.5%) . 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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