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Real Estate Prices & Overview

SW 29th Street East median real estate price is $72,326, which is less expensive than 93.4% of Oklahoma neighborhoods and 97.0% of all U.S. neighborhoods.

The average rental price in SW 29th Street East is currently $1,160, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.2% of Oklahoma neighborhoods.

SW 29th Street East is a suburban neighborhood (based on population density) located in Oklahoma City, Oklahoma.

SW 29th Street East 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 SW 29th Street East neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in SW 29th Street East. The current real estate vacancy rate here is 23.3%. This is higher than the rate of vacancies in 90.4% 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.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Occupations

More people work in manufacturing and as laborers here in the SW 29th Street East neighborhood than in 99.9% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

People

One of the unique characteristics of the SW 29th Street East neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.9% of the neighborhoods in America.

In addition, 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: 59.5%. This is a higher percent living alone than we found in 98.7% 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.

Also, the SW 29th Street East neighborhood is unique for having just 4.7% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.4% of America's neighborhoods.

Modes of Transportation

Our research shows that more people carpool to work here in the SW 29th Street East (41.8%) than in 99.8% of the neighborhoods in America.

Real Estate

88.3% of the real estate in the SW 29th Street East neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The SW 29th Street East neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the SW 29th Street East neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.1% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 95.6% of all neighborhoods in America.

Diversity

Did you know that the SW 29th Street East neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.7% of this neighborhood's residents have Native American ancestry.

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 SW 29th Street East neighborhood in Oklahoma City are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.9% of U.S. neighborhoods. With 32.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.4% of U.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 SW 29th Street East neighborhood, 63.5% of the working population is employed in manufacturing and laborer 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 25.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.4%), and 6.9% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the SW 29th Street East neighborhood is English, spoken by 78.1% of households. Some people also speak Spanish (21.9%).

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 SW 29th Street East neighborhood in Oklahoma City, OK, residents most commonly identify their ethnicity or ancestry as Mexican (33.1%). There are also a number of people of German ancestry (3.9%), and residents who report Native American roots (2.7%), and some of the residents are also of Irish ancestry (2.5%), along with some South American ancestry residents (1.9%), 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 SW 29th Street East neighborhood spend between 15 and 30 minutes commuting one-way to work (44.8% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (10.1%) who commute over an hour in each direction.

Here most residents (50.3%) 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 (41.8%) . 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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