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Real Estate Prices & Overview

W Monte Vista Rd / N 71st Ave median real estate price is $353,134, which is more expensive than 33.4% of the neighborhoods in Arizona and 47.4% of the neighborhoods in the U.S.

The average rental price in W Monte Vista Rd / N 71st Ave is currently $1,708, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 79.9% of Arizona neighborhoods.

W Monte Vista Rd / N 71st Ave is an urban neighborhood (based on population density) located in Phoenix, Arizona.

W Monte Vista Rd / N 71st Ave 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 occupied by a mixture of owners and renters. Many of the residences in the W Monte Vista Rd / N 71st Ave neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In W Monte Vista Rd / N 71st Ave, 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 W Monte Vista Rd / N 71st Ave is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 Phoenix, the W Monte Vista Rd / N 71st Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

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 W Monte Vista Rd / N 71st Ave 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, most neighborhoods are composed of a mixture of ages of homes, but the W Monte Vista Rd / N 71st Ave 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, 89.8% of the residential real estate here was built in this one time period.

People

Single parenting is hard. But you don't have to tell the W Monte Vista Rd / N 71st Ave neighborhood about it; they already know. 25.5% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 98.9% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

In addition, the W Monte Vista Rd / N 71st Ave neighborhood is unique for having just 3.3% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 98.2% of America's neighborhoods.

Occupations

There are more people living in the W Monte Vista Rd / N 71st Ave neighborhood employed as sales and service workers (55.8%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Diversity

Did you know that the W Monte Vista Rd / N 71st Ave neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 82.2% of this neighborhood's residents have Mexican ancestry.

W Monte Vista Rd / N 71st Ave is also pretty special linguistically. Significantly, 84.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.0% of all U.S. neighborhoods.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the W Monte Vista Rd / N 71st Ave neighborhood has a greater percentage of residents born in another country (43.7%) than are found in 95.6% of all U.S. neighborhoods.

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 W Monte Vista Rd / N 71st Ave 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 85.6% of U.S. neighborhoods. With 52.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.0% 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 W Monte Vista Rd / N 71st Ave neighborhood, 44.2% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 33.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.4%), and 3.4% in executive, management, and professional occupations.

Languages

The most common language spoken in the W Monte Vista Rd / N 71st Ave neighborhood is Spanish, spoken by 84.2% of households. Some people also speak English (15.8%).

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 W Monte Vista Rd / N 71st Ave neighborhood in Phoenix, AZ, residents most commonly identify their ethnicity or ancestry as Mexican (82.2%). In addition, 43.7% of the residents of this neighborhood were born in another country.

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 W Monte Vista Rd / N 71st Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (40.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (67.1%) 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 (21.9%) and 7.1% of residents also hop out the door and walk to work for their daily commute. 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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