Sunset Farms / Park Forest median real estate price is $527,724, which is more expensive than 65.0% of the neighborhoods in Arizona and 68.0% of the neighborhoods in the U.S.
The average rental price in Sunset Farms / Park Forest is currently $3,320, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 84.8% of the neighborhoods in Arizona.
Sunset Farms / Park Forest is an urban neighborhood (based on population density) located in Phoenix, Arizona.
Sunset Farms / Park Forest 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 Sunset Farms / Park Forest neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Sunset Farms / Park Forest, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Sunset Farms / Park Forest is very tight compared to the demand for property here.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
With a real estate vacancy rate of only 0.0%, the Sunset Farms / Park Forest neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
In addition, homes built from 2000 through today make up a higher proportion of the Sunset Farms / Park Forest neighborhood's real estate landscape than 99.7% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 96.7% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
Furthermore, the Sunset Farms / Park Forest neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.8% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 97.5% of all neighborhoods in America.
Also of note, one way that the Sunset Farms / Park Forest neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.1% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Sunset Farms / Park Forest neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 35.6% of the households here have four, five, or more cars. That is more cars per household than in 96.5% of the neighborhoods in the nation.
With more than 1.7% of residents living with a same sex partner, Sunset Farms / Park Forest is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 95.5% of U.S. neighborhoods.
In addition, an extraordinary 10.8% of the residents of the Sunset Farms / Park Forest neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
Also, with a nice mix of college students, safety from crime, and decent walkability, the Sunset Farms / Park Forest neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.3% of the neighborhoods in AZ. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Did you know that the Sunset Farms / Park Forest neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 72.1% of this neighborhood's residents have Mexican 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 Sunset Farms / Park Forest neighborhood in Phoenix are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 76.8% of the neighborhoods in America. In addition, 5.6% 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 62.3% 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 Sunset Farms / Park Forest neighborhood, 26.1% 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 25.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (24.8%), and 20.9% in clerical, assistant, and tech support occupations.
The most common language spoken in the Sunset Farms / Park Forest neighborhood is English, spoken by 53.4% of households. Some people also speak Spanish (45.1%).
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 Sunset Farms / Park Forest neighborhood in Phoenix, AZ, residents most commonly identify their ethnicity or ancestry as Mexican (72.1%). There are also a number of people of German ancestry (3.8%), and residents who report English roots (2.5%), and some of the residents are also of Irish ancestry (1.8%), along with some Asian ancestry residents (1.7%), among others. In addition, 17.4% 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 Sunset Farms / Park Forest neighborhood spend between 15 and 30 minutes commuting one-way to work (43.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (81.1%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.