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Real Estate Prices & Overview

Villas Plaza median real estate price is $467,457, which is more expensive than 55.7% of the neighborhoods in Arizona and 62.1% of the neighborhoods in the U.S.

The average rental price in Villas Plaza is currently $2,518, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.8% of Arizona neighborhoods.

Villas Plaza is a suburban neighborhood (based on population density) located in Phoenix, Arizona.

Villas Plaza real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Villas Plaza 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.

Real estate vacancies in Villas Plaza are 3.5%, which is lower than one will find in 77.1% of American neighborhoods. Demand for real estate in Villas Plaza 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Villas Plaza 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, 84.6% of the residential real estate here was built in this one time period.

Diversity

Did you know that the Villas Plaza neighborhood has more Native American and French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.9% of this neighborhood's residents have Native American ancestry and 6.7% have French 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 Villas Plaza neighborhood in Phoenix are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.9% of the neighborhoods in America. In addition, 4.6% 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 66.0% 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 Villas Plaza neighborhood, 37.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 28.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.1%), and 13.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Villas Plaza neighborhood is English, spoken by 80.8% of households. Some people also speak Spanish (4.6%).

Ethnicity / Ancestry

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 Villas Plaza neighborhood in Phoenix, AZ, residents most commonly identify their ethnicity or ancestry as Mexican (15.1%). There are also a number of people of Irish ancestry (13.3%), and residents who report German roots (12.8%), and some of the residents are also of English ancestry (7.0%), along with some French ancestry residents (6.7%), among others. In addition, 11.5% 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 Villas Plaza neighborhood spend between 30 and 45 minutes commuting one-way to work (34.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (75.4%) 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 (9.2%) . 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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