Wymount Ter / N 950 E median real estate price is $613,847, which is more expensive than 73.2% of the neighborhoods in Utah and 78.2% of the neighborhoods in the U.S.
The average rental price in Wymount Ter / N 950 E is currently $1,103, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 97.7% of Utah neighborhoods.
Wymount Ter / N 950 E is an urban neighborhood (based on population density) located in Provo, Utah.
Wymount Ter / N 950 E real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Wymount Ter / N 950 E neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Wymount Ter / N 950 E, 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 Wymount Ter / N 950 E 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 Provo, the Wymount Ter / N 950 E neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
Renter-occupied real estate is dominant in the Wymount Ter / N 950 E neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% 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. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Wymount Ter / N 950 E neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, the Wymount Ter / N 950 E 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 92.6% 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, the real estate in the Wymount Ter / N 950 E neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 82.3% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.0% of American neighborhoods.
People
One of the really interesting characteristics about the Wymount Ter / N 950 E neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.3% of college-friendly places to live in the state of Utah.
In addition, an extraordinary 65.7% of the residents of the Wymount Ter / N 950 E neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
Also, the Wymount Ter / N 950 E neighborhood stands out for having an average per capita income lower than 97.5% of the neighborhoods in the United States. The Wymount Ter / N 950 E neighborhood also has a greater percentage of children living in poverty (61.4%) than found in 97.1% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
Modes of Transportation
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.4% of residents in the Wymount Ter / N 950 E neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.4% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Also, more people in Wymount Ter / N 950 E choose to walk to work each day (18.4%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Diversity
Did you know that the Wymount Ter / N 950 E neighborhood has more Danish and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.2% of this neighborhood's residents have Danish ancestry and 31.5% have English ancestry.
Wymount Ter / N 950 E is also pretty special linguistically. Significantly, 1.3% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 95.8% of the neighborhoods in America.
Migration / Stability
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Wymount Ter / N 950 E neighborhood. In the Wymount Ter / N 950 E neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.5% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Wymount Ter / N 950 E neighborhood in Provo are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.5% of U.S. neighborhoods. With 61.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.1% 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 Wymount Ter / N 950 E neighborhood, 52.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 21.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.4%), and 7.9% in manufacturing and laborer occupations.
Languages
The most common language spoken in the Wymount Ter / N 950 E neighborhood is English, spoken by 71.5% of households. Some people also speak Spanish (16.8%).
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 Wymount Ter / N 950 E neighborhood in Provo, UT, residents most commonly identify their ethnicity or ancestry as English (31.5%). There are also a number of people of German ancestry (13.1%), and residents who report Irish roots (8.2%), and some of the residents are also of Danish ancestry (7.2%), along with some Mexican ancestry residents (5.9%), among others.
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 Wymount Ter / N 950 E neighborhood spend under 15 minutes commuting one-way to work (44.4% of working residents), one of the shortest commutes across America.
Here most residents (44.1%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (18.4%) and 10.3% of residents also carpool with coworkers, friends, or neighbors 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.
