Peaceful Valley Estates median real estate price is $340,040, which is more expensive than 84.5% of the neighborhoods in Arkansas and 46.1% of the neighborhoods in the U.S.
The average rental price in Peaceful Valley Estates is currently $1,554, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.3% of the neighborhoods in Arkansas.
Peaceful Valley Estates is a suburban neighborhood (based on population density) located in Springdale, Arkansas.
Peaceful Valley Estates real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Peaceful Valley Estates 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.
Home and apartment vacancy rates are 9.5% in Peaceful Valley Estates. NeighborhoodScout analysis shows that this rate is lower than 40.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Springdale, the Peaceful Valley Estates neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
For many reasons, Peaceful Valley Estates is rated by NeighborhoodScout as one of the top 4.0% of ideal neighborhoods for first-time home buyers in the state of Arkansas. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other AR neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer.
In addition, there is an especially high percentage of incarcerated people (0.7%) living in the Peaceful Valley Estates neighborhood.
Did you know that the Peaceful Valley Estates neighborhood has more Scottish and Croatian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.1% of this neighborhood's residents have Scottish ancestry and 0.8% have Croatian 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 Peaceful Valley Estates neighborhood in Springdale are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.8% of U.S. neighborhoods. With 16.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.7% of U.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 Peaceful Valley Estates neighborhood, 36.0% 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 25.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.3%), and 16.1% in clerical, assistant, and tech support occupations.
The most common language spoken in the Peaceful Valley Estates neighborhood is English, spoken by 78.1% of households. Some people also speak Spanish (16.3%).
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 Peaceful Valley Estates neighborhood in Springdale, AR, residents most commonly identify their ethnicity or ancestry as English (18.5%). There are also a number of people of Asian ancestry (10.3%), and residents who report Mexican roots (8.2%), and some of the residents are also of German ancestry (6.5%), along with some Irish ancestry residents (5.8%), among others. In addition, 16.2% of the residents of this neighborhood were born in another country.
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 Peaceful Valley Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (52.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (75.2%) 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 (10.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.