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Real Estate Prices & Overview

Median real estate price in the Town Center of Fountain Hills is $549,425, which is more expensive than 67.5% of the neighborhoods in Arizona and 69.8% of the neighborhoods in the U.S.

The average rental price in Fountain Hills Town Center is currently $2,889, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.6% of the neighborhoods in Arizona.

Fountain Hills Town Center is a suburban neighborhood (based on population density) located in Fountain Hills, Arizona.

Real estate in the Town Center of Fountain Hills, AZ is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes 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 Town Center 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.

Vacant apartments or homes are a major fact of life in Fountain Hills Town Center. The current real estate vacancy rate here is 18.2%. This is higher than the rate of vacancies in 84.2% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (16.3%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

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.

People

If you are planning to retire in Arizona, this neighborhood should be on your must-see list. For many reasons, Fountain Hills Town Center may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Arizona, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.8% of neighborhoods in AZ. If a Arizona retirement is in your future, this neighborhood should be one of the places you visit.

Real Estate

If you love row houses and attached homes, you will probably really like the Fountain Hills Town Center neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 43.0% of the residential real estate here is classified as row houses and attached homes.

Modes of Transportation

In the Fountain Hills Town Center neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 31.9% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.8% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Diversity

Did you know that the Fountain Hills Town Center neighborhood has more Danish and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.5% of this neighborhood's residents have Danish ancestry and 1.1% have Iranian ancestry.

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 Town Center neighborhood in Fountain Hills are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 61.8% of the neighborhoods in America. With 10.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 50.2% of U.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 Fountain Hills Town Center neighborhood, 46.3% 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 29.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.4%), and 9.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Fountain Hills Town Center neighborhood is English, spoken by 87.6% of households. Some people also speak Spanish (3.0%).

Ethnicity / Ancestry

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 Town Center neighborhood in Fountain Hills, AZ, residents most commonly identify their ethnicity or ancestry as German (19.9%). There are also a number of people of English ancestry (11.9%), and residents who report Irish roots (9.7%), and some of the residents are also of Asian ancestry (4.9%), along with some Norwegian ancestry residents (4.6%), among others. In addition, 10.6% 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 Fountain Hills Town Center neighborhood spend between 30 and 45 minutes commuting one-way to work (34.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (60.8%) 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.


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