Spanish Fork South median real estate price is $529,759, which is more expensive than 43.2% of the neighborhoods in Utah and 67.3% of the neighborhoods in the U.S.
The average rental price in Spanish Fork South is currently $2,287, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 64.0% of the neighborhoods in Utah.
Spanish Fork South is a suburban neighborhood (based on population density) located in Spanish Fork, Utah.
Spanish Fork South real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Spanish Fork South neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.
In Spanish Fork South, 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 Spanish Fork South is very tight compared to the demand for property here.
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.
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 Spanish Fork South 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, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Spanish Fork South neighborhood. A whopping 67.9% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.1% of the neighborhoods in the U.S. Everything here just feels new.
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 Spanish Fork South neighborhood may actually hold the key. 70.3% of its residents are married, which is a higher percentage than is found in 96.5% of the neighborhoods in America.
In addition, with a nice mix of college students, safety from crime, and decent walkability, the Spanish Fork South neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 86.5% of the neighborhoods in UT. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Did you know that the Spanish Fork South neighborhood has more English and Danish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.4% of this neighborhood's residents have English ancestry and 2.6% have Danish ancestry.
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 Spanish Fork South neighborhood in Spanish Fork are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 71.9% of the neighborhoods in America. In addition, 9.8% 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 50.5% of America'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 Spanish Fork South neighborhood, 43.4% 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 25.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.2%), and 14.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Spanish Fork South neighborhood is English, spoken by 92.4% of households. Some people also speak Spanish (6.7%).
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 Spanish Fork South neighborhood in Spanish Fork, UT, residents most commonly identify their ethnicity or ancestry as English (26.4%). There are also a number of people of German ancestry (14.3%), and residents who report Mexican roots (4.6%), and some of the residents are also of Swedish ancestry (2.7%), along with some Danish ancestry residents (2.6%), among others.
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 Spanish Fork South neighborhood spend under 15 minutes commuting one-way to work (39.7% of working residents), one of the shortest commutes across America.
Here most residents (75.3%) 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 (7.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.