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Real Estate Prices & Overview

Valley Water Mills median real estate price is $268,685, which is more expensive than 55.8% of the neighborhoods in Missouri and 33.6% of the neighborhoods in the U.S.

The average rental price in Valley Water Mills is currently $1,208, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.6% of Missouri neighborhoods.

Valley Water Mills is a rural neighborhood (based on population density) located in Springfield, Missouri.

Valley Water Mills 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 renter occupied. Many of the residences in the Valley Water Mills 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 Valley Water Mills, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.5% of all neighborhoods in the U.S. This means that the housing supply in Valley Water Mills is very tight compared to the demand for property here.

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.

People

If you're nearing retirement age, or in retirement, the Valley Water Mills is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 9.1% 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 first-time home buyers.

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 Valley Water Mills neighborhood in Springfield are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 69.2% of U.S. neighborhoods. In addition, 2.2% 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 74.3% 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 Valley Water Mills neighborhood, 34.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (25.4%), and 14.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Valley Water Mills neighborhood is English, spoken by 96.7% of households. Some people also speak Polish (3.4%).

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 Valley Water Mills neighborhood in Springfield, MO, residents most commonly identify their ethnicity or ancestry as English (11.3%). There are also a number of people of German ancestry (10.4%), and residents who report Irish roots (7.8%), and some of the residents are also of Scottish ancestry (2.8%), along with some Asian ancestry residents (2.4%), among others.

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 Valley Water Mills neighborhood spend between 15 and 30 minutes commuting one-way to work (59.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (87.4%) 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 (7.6%) . 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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