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Real Estate Prices & Overview

Sheridan Valley median real estate price is $249,818, which is more expensive than 64.3% of the neighborhoods in Oklahoma and 29.5% of the neighborhoods in the U.S.

The average rental price in Sheridan Valley is currently $2,513, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 97.0% of the neighborhoods in Oklahoma.

Sheridan Valley is a suburban neighborhood (based on population density) located in Tulsa, Oklahoma.

Sheridan Valley 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 Sheridan Valley neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Sheridan Valley are 4.1%, which is lower than one will find in 72.5% of American neighborhoods. Demand for real estate in Sheridan Valley is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Tulsa, the Sheridan Valley neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Sheridan Valley stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 85.0% of the residential real estate here was built in this one time period.

People

If you're planning where to retire, the Sheridan Valley neighborhood in Tulsa is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in OK, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 89.5% of the neighborhoods in Oklahoma. If you are considering retiring to Oklahoma, this is a good neighborhood to look at. 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 Sheridan Valley neighborhood has more Greek and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have Greek ancestry and 3.7% have Native American 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 Sheridan Valley neighborhood in Tulsa are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 50.4% of the neighborhoods in America. In addition, 3.3% 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 70.4% 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 Sheridan Valley neighborhood, 43.0% 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 21.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.0%), and 16.4% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Sheridan Valley neighborhood is English, spoken by 80.6% of households. Some people also speak Spanish (13.7%).

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 Sheridan Valley neighborhood in Tulsa, OK, residents most commonly identify their ethnicity or ancestry as German (16.0%). There are also a number of people of English ancestry (14.6%), and residents who report Irish roots (8.9%), and some of the residents are also of Mexican ancestry (8.1%), along with some Italian ancestry residents (4.3%), among others. In addition, 11.4% of the residents of this neighborhood were born in another country.

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 Sheridan Valley neighborhood spend between 15 and 30 minutes commuting one-way to work (55.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (85.1%) 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 (5.2%) . 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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