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Real Estate Prices & Overview

E Cherry St / S Wagner Dr median real estate price is $417,710, which is more expensive than 85.3% of the neighborhoods in Missouri and 57.4% of the neighborhoods in the U.S.

The average rental price in E Cherry St / S Wagner Dr is currently $1,293, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.9% of Missouri neighborhoods.

E Cherry St / S Wagner Dr is a rural neighborhood (based on population density) located in Springfield, Missouri.

E Cherry St / S Wagner Dr real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the E Cherry St / S Wagner Dr 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 E Cherry St / S Wagner Dr, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 87.3% of all neighborhoods in the U.S. This means that the housing supply in E Cherry St / S Wagner Dr 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 E Cherry St / S Wagner Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the E Cherry St / S Wagner Dr neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 97.6% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the E Cherry St / S Wagner Dr neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Also, if you're nearing retirement age, or in retirement, the E Cherry St / S Wagner Dr is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 7.5% of retiree-friendly neighborhoods in Missouri, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Missouri. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives.

Diversity

Did you know that the E Cherry St / S Wagner Dr neighborhood has more Romanian and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.1% of this neighborhood's residents have Romanian ancestry and 1.8% have Portuguese 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 E Cherry St / S Wagner Dr neighborhood in Springfield are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 75.5% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 E Cherry St / S Wagner Dr neighborhood, 52.6% 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 21.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.4%), and 10.2% in manufacturing and laborer occupations.

Languages

The most common language spoken in the E Cherry St / S Wagner Dr neighborhood is English, spoken by 95.8% of households.

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 E Cherry St / S Wagner Dr neighborhood in Springfield, MO, residents most commonly identify their ethnicity or ancestry as German (20.8%). There are also a number of people of English ancestry (15.3%), and residents who report Irish roots (11.0%), and some of the residents are also of Scottish ancestry (3.9%), along with some French ancestry residents (3.7%), 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 E Cherry St / S Wagner Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (47.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (81.3%) 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 (8.9%) . 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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