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Real Estate Prices & Overview

Falcon Hill median real estate price is $735,221, which is more expensive than 82.7% of the neighborhoods in Utah and 83.8% of the neighborhoods in the U.S.

The average rental price in Falcon Hill is currently $4,352, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.3% of the neighborhoods in Utah.

Falcon Hill is a suburban neighborhood (based on population density) located in Sandy, Utah.

Falcon Hill real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Falcon Hill 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 Falcon Hill, 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 Falcon Hill is very tight compared to the demand for property here.

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.

Real Estate

With a real estate vacancy rate of only 0.0%, the Falcon Hill neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

In addition, most neighborhoods are composed of a mixture of ages of homes, but the Falcon Hill 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, 97.4% of the residential real estate here was built in this one time period.

Furthermore, one way that the Falcon Hill neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.6% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Also of note, the Falcon Hill 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 99.2% 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 97.9% of all neighborhoods in America.

People

A majority of the adults in the Falcon Hill neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Utah by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 99.0% of the neighborhoods in Utah. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates, families with school-aged children and active retirees.

In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Falcon Hill neighborhood may actually hold the key. 72.7% of its residents are married, which is a higher percentage than is found in 98.1% of the neighborhoods in America.

Also, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 3.1% of America's neighborhoods are wealthier than the Falcon Hill neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.

Diversity

Did you know that the Falcon Hill neighborhood has more Danish and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.1% of this neighborhood's residents have Danish ancestry and 8.9% have Scottish ancestry.

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 Falcon Hill neighborhood in Sandy are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 96.9% of the neighborhoods in America. In addition, 1.4% 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 77.2% 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 Falcon Hill neighborhood, 61.4% 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 21.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.7%), and 7.4% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Falcon Hill neighborhood is English, spoken by 98.0% of households.

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 Falcon Hill neighborhood in Sandy, UT, residents most commonly identify their ethnicity or ancestry as English (30.0%). There are also a number of people of German ancestry (13.1%), and residents who report Scottish roots (8.9%), and some of the residents are also of Italian ancestry (8.1%), along with some Danish ancestry residents (6.1%), 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 Falcon Hill neighborhood spend between 15 and 30 minutes commuting one-way to work (45.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (68.0%) 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 (6.0%) . 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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