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Real Estate Prices & Overview

Buena Vista median real estate price is $582,763, which is more expensive than 96.2% of the neighborhoods in Alabama and 73.4% of the neighborhoods in the U.S.

The average rental price in Buena Vista is currently $1,533, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.0% of Alabama neighborhoods.

Buena Vista is a suburban neighborhood (based on population density) located in Tuscaloosa, Alabama.

Buena Vista 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Buena Vista neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Buena Vista. The current real estate vacancy rate here is 40.8%. This is higher than the rate of vacancies in 97.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (31.9%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

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 Tuscaloosa, the Buena Vista neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Buena Vista neighborhood stands out for having an average per capita income lower than 97.3% of the neighborhoods in the United States. In a nation where 1 out of every 4 children lives in poverty, the Buena Vista neighborhood also 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 Buena Vista neighborhood has a greater concentration of residents currently enrolled in college than 99.0% of the neighborhoods in the U.S. With 41.3% of the population here attending college, this is very much a college-focused neighborhood.

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 Buena Vista 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 Buena Vista neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 13.5% 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 98.0% of all neighborhoods in America.

Real Estate

Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 40.8% of the residential real estate vacant, the Buena Vista neighborhood claims the distinction of having a higher vacancy rate than 97.6% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

In addition, one of the really unique and interesting things about the look and setting of the Buena Vista neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 73.0% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.6% of all neighborhoods in America.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (14.8% ride the bus) than 97.2% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

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 Buena Vista neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.8% 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 Buena Vista neighborhood has more British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have British 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 Buena Vista neighborhood in Tuscaloosa are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.3% 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 Buena Vista neighborhood, 40.3% 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 36.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.4%), and 10.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Buena Vista neighborhood is English, spoken by 97.2% of households. Some people also speak Italian (3.8%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Buena Vista neighborhood in Tuscaloosa, AL, residents most commonly identify their ethnicity or ancestry as English (18.7%). There are also a number of people of German ancestry (9.7%), and residents who report Irish roots (6.5%), and some of the residents are also of French ancestry (4.4%), along with some British ancestry residents (2.6%), among others.

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 Buena Vista neighborhood spend under 15 minutes commuting one-way to work (46.5% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (13.5%) who commute over an hour in each direction.

Here most residents (67.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (14.8%) . 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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