University of Oklahoma Norman Campus median real estate price is $258,611, which is more expensive than 67.5% of the neighborhoods in Oklahoma and 32.4% of the neighborhoods in the U.S.
The average rental price in University of Oklahoma Norman Campus is currently $1,378, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.7% of Oklahoma neighborhoods.
University of Oklahoma Norman Campus is a densely urban neighborhood (based on population density) located in Norman, Oklahoma.
University of Oklahoma Norman Campus 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 renter occupied. Many of the residences in the University of Oklahoma Norman Campus neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in University of Oklahoma Norman Campus. The current real estate vacancy rate here is 54.6%. This is higher than the rate of vacancies in 99.0% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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 Norman, the University of Oklahoma Norman Campus 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 University of Oklahoma Norman Campus neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, neighborhoodScout's analysis shows that the University of Oklahoma Norman Campus neighborhood has a greater concentration of residents currently enrolled in college than 99.9% of the neighborhoods in the U.S. With 98.3% of the population here attending college, this is very much a college-focused neighborhood.
Also, one of the really interesting characteristics about the University of Oklahoma Norman Campus neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.2% of college-friendly places to live in the state of Oklahoma.
Occupations
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the University of Oklahoma Norman Campus neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.9% of all American neighborhoods.
Modes of Transportation
More people in University of Oklahoma Norman Campus choose to walk to work each day (37.1%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 4.7% of residents in the University of Oklahoma Norman Campus neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 97.9% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Real Estate
Renter-occupied real estate is dominant in the University of Oklahoma Norman Campus neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 99.2%, which is higher than 99.0% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so. Despite all of the residential real estate here in the University of Oklahoma Norman Campus neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 54.6%, which is higher than 99.0% of all U.S. neighborhoods.
Length of Commute
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the University of Oklahoma Norman Campus neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 70.6% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 98.6% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Migration / Stability
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the University of Oklahoma Norman Campus neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 100.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Diversity
Did you know that the University of Oklahoma Norman Campus neighborhood has more Native American and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.0% of this neighborhood's residents have Native American ancestry and 0.8% have Romanian ancestry.
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 University of Oklahoma Norman Campus neighborhood in Norman are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. 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 University of Oklahoma Norman Campus neighborhood, 62.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 18.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.0%), and 8.7% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the University of Oklahoma Norman Campus neighborhood is English, spoken by 93.5% of households. Some people also speak Spanish (2.1%).
Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the University of Oklahoma Norman Campus neighborhood in Norman, OK, residents most commonly identify their ethnicity or ancestry as German (11.0%). There are also a number of people of Irish ancestry (8.6%), and residents who report Asian roots (3.6%), and some of the residents are also of Mexican ancestry (3.2%), along with some Native American ancestry residents (3.0%), among others.
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 University of Oklahoma Norman Campus neighborhood spend under 15 minutes commuting one-way to work (70.6% of working residents), one of the shortest commutes across America.
Here most residents (44.9%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (37.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
