Prospect Heights median real estate price is $234,468, which is more expensive than 32.0% of the neighborhoods in Wisconsin and 27.3% of the neighborhoods in the U.S.
The average rental price in Prospect Heights is currently $1,619, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.7% of the neighborhoods in Wisconsin.
Prospect Heights is a suburban neighborhood (based on population density) located in Racine, Wisconsin.
Prospect Heights real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Prospect Heights neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Home and apartment vacancy rates are 6.2% in Prospect Heights. NeighborhoodScout analysis shows that this rate is lower than 58.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Prospect Heights neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 98.3% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.
Of particular note, 6.0% of the people in the Prospect Heights neighborhood currently reside in a correction facility, held due to punishment for a crime.
Did you know that the Prospect Heights neighborhood has more Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.6% of this neighborhood's residents have Armenian 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 Prospect Heights neighborhood in Racine are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 66.3% of U.S. neighborhoods. With 23.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.1% of U.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 Prospect Heights neighborhood, 34.9% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 24.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.7%), and 11.5% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Prospect Heights neighborhood is English, spoken by 79.4% of households. Other important languages spoken here include Spanish and Italian.
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 Prospect Heights neighborhood in Racine, WI, residents most commonly identify their ethnicity or ancestry as Mexican (33.1%). There are also a number of people of German ancestry (27.2%), and residents who report Italian roots (10.7%), and some of the residents are also of English ancestry (8.0%), along with some Irish ancestry residents (4.6%), among others. In addition, 13.3% of the residents of this neighborhood were born in another country.
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 Prospect Heights neighborhood spend under 15 minutes commuting one-way to work (38.9% of working residents), one of the shortest commutes across America.
Here most residents (81.7%) 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 (13.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.