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Real Estate Prices & Overview

Encanto median real estate price is $303,677, which is less expensive than 74.0% of Arizona neighborhoods and 60.2% of all U.S. neighborhoods.

The average rental price in Encanto is currently $1,505, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.4% of Arizona neighborhoods.

Encanto is an urban neighborhood (based on population density) located in Phoenix, Arizona.

Encanto real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Encanto neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Encanto are 3.2%, which is lower than one will find in 79.2% of American neighborhoods. Demand for real estate in Encanto is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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

Most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Encanto neighborhood, is that an incredible 80.9% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.

Occupations

More people work in manufacturing and as laborers here in the Encanto neighborhood than in 96.9% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

People

One of the unique characteristics of the Encanto neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.6% of the neighborhoods in America. The Encanto neighborhood also has a greater percentage of children living in poverty (55.2%) than found in 95.7% 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.

In addition, the Encanto neighborhood is unique for having just 6.9% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 95.3% of America's neighborhoods.

Diversity

Did you know that the Encanto neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 72.5% of this neighborhood's residents have Mexican ancestry.

Encanto is also pretty special linguistically. Significantly, 65.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.7% of all U.S. neighborhoods.

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 Encanto neighborhood in Phoenix are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.6% of U.S. neighborhoods. With 55.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.7% 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 Encanto neighborhood, 44.5% of the working population is employed in manufacturing and laborer 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 32.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.7%), and 9.1% in executive, management, and professional occupations.

Languages

The most common language spoken in the Encanto neighborhood is Spanish, spoken by 65.3% of households. Some people also speak English (33.8%).

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 Encanto neighborhood in Phoenix, AZ, residents most commonly identify their ethnicity or ancestry as Mexican (72.5%). There are also a number of people of English ancestry (3.1%), and residents who report German roots (2.1%), and some of the residents are also of Puerto Rican ancestry (1.9%). In addition, 32.2% 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 Encanto neighborhood spend between 15 and 30 minutes commuting one-way to work (36.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (79.0%) 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 (15.0%) . 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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