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Real Estate Prices & Overview

Bradford Park median real estate price is $286,140, which is more expensive than 62.1% of the neighborhoods in Missouri and 37.3% of the neighborhoods in the U.S.

The average rental price in Bradford Park is currently $1,202, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.2% of Missouri neighborhoods.

Bradford Park is a suburban neighborhood (based on population density) located in Springfield, Missouri.

Bradford Park 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 Bradford Park 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.

In Bradford Park, the current vacancy rate is 1.0%, which is a lower rate of vacancies than 91.4% of all neighborhoods in the U.S. This means that the housing supply in Bradford Park 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 Springfield, the Bradford Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 51.9%. This is a higher percent living alone than we found in 96.6% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

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 Bradford Park neighborhood in Springfield are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.9% of U.S. neighborhoods. With 49.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.9% of U.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 Bradford Park neighborhood, 32.5% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 31.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.1%), and 16.5% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Bradford Park neighborhood is English, spoken by 89.7% of households. Some people also speak Spanish (6.4%).

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 Bradford Park neighborhood in Springfield, MO, residents most commonly identify their ethnicity or ancestry as German (30.1%). There are also a number of people of English ancestry (13.7%), and residents who report Irish roots (7.3%), and some of the residents are also of French ancestry (5.6%), along with some Asian ancestry residents (3.8%), among others.

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 Bradford Park neighborhood spend under 15 minutes commuting one-way to work (45.4% of working residents), one of the shortest commutes across America.

Here most residents (81.2%) drive alone in a private automobile to get to work. 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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