Roosevelt Wcd / S Power Rd median real estate price is $741,698, which is more expensive than 87.0% of the neighborhoods in Arizona and 82.2% of the neighborhoods in the U.S.
Average rental prices in the Roosevelt Wcd / S Power Rd neighborhood are currently unreported, based on NeighborhoodScout's exclusive analysis.
Roosevelt Wcd / S Power Rd is a suburban neighborhood (based on population density) located in Gilbert, Arizona.
Roosevelt Wcd / S Power Rd 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 owner occupied. Many of the residences in the Roosevelt Wcd / S Power Rd neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.
In Roosevelt Wcd / S Power Rd, 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 Roosevelt Wcd / S Power Rd is very tight compared to the demand for property here.
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
Real estate in the Roosevelt Wcd / S Power Rd neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 99.8% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood. 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 Roosevelt Wcd / S Power Rd 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, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Roosevelt Wcd / S Power Rd neighborhood. A whopping 95.2% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 99.5% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
Furthermore, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Roosevelt Wcd / S Power Rd neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 96.0% of all American neighborhoods.
People
In a nation where 1 out of every 4 children lives in poverty, the Roosevelt Wcd / S Power Rd neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, a majority of the adults in the Roosevelt Wcd / S Power Rd neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Arizona by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 99.5% of the neighborhoods in Arizona. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children and urban sophisticates.
Modes of Transportation
Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Roosevelt Wcd / S Power Rd neighborhood is a fantastic option for bicycle commuters, as 4.4% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 97.7% of the neighborhoods in America.
Occupations
The Roosevelt Wcd / S Power Rd neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 95.3% of the neighborhoods in America. In fact, 69.7% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
Diversity
Did you know that the Roosevelt Wcd / S Power Rd neighborhood has more Czechoslovakian and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.8% of this neighborhood's residents have Czechoslovakian ancestry and 5.7% have South American ancestry.
Roosevelt Wcd / S Power Rd is also pretty special linguistically. Significantly, 0.9% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 97.2% of the neighborhoods in America.
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. In the Roosevelt Wcd / S Power Rd neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.1% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Roosevelt Wcd / S Power Rd neighborhood in Gilbert are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 92.3% 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.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Roosevelt Wcd / S Power Rd neighborhood, 69.7% 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 12.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.6%), and 6.8% in manufacturing and laborer occupations.
Languages
The most common language spoken in the Roosevelt Wcd / S Power Rd neighborhood is English, spoken by 81.6% of households. Some people also speak Spanish (4.3%).
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 Roosevelt Wcd / S Power Rd neighborhood in Gilbert, AZ, residents most commonly identify their ethnicity or ancestry as English (14.7%). There are also a number of people of Asian ancestry (11.7%), and residents who report German roots (11.3%), and some of the residents are also of Italian ancestry (9.6%), along with some Irish ancestry residents (6.2%), among others. In addition, 11.0% of the residents of this neighborhood were born in another country.
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 Roosevelt Wcd / S Power Rd neighborhood spend between 30 and 45 minutes commuting one-way to work (49.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (75.0%) 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.
