Park Meadows median real estate price is $307,374, which is more expensive than 69.8% of the neighborhoods in Kansas and 41.1% of the neighborhoods in the U.S.
The average rental price in Park Meadows is currently $2,396, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.8% of the neighborhoods in Kansas.
Park Meadows is a suburban neighborhood (based on population density) located in Wichita, Kansas.
Park Meadows real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Park Meadows neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Park Meadows, the current vacancy rate is 2.8%, which is a lower rate of vacancies than 81.5% of all neighborhoods in the U.S. This means that the housing supply in Park Meadows 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.
Of note is NeighborhoodScout's research finding that the Park Meadows neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Park Meadows community truly stands out from the rest in this regard.
Did you know that the Park Meadows neighborhood has more Asian and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.7% of this neighborhood's residents have Asian ancestry and 6.1% have South American ancestry.
Park Meadows is also pretty special linguistically. Significantly, 12.7% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 99.6% of the neighborhoods in America.
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 Park Meadows neighborhood in Wichita are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 79.2% of the neighborhoods in America. 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.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Park Meadows neighborhood, 31.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 30.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.3%), and 18.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 Park Meadows neighborhood is English, spoken by 61.1% of households. Other important languages spoken here include Spanish, Vietnamese and Mon-Khmer (the dominant language of Cambodia).
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 Park Meadows neighborhood in Wichita, KS, residents most commonly identify their ethnicity or ancestry as Asian (25.7%). There are also a number of people of German ancestry (13.9%), and residents who report Irish roots (9.8%), and some of the residents are also of Mexican ancestry (7.2%), along with some South American ancestry residents (6.1%), among others. In addition, 28.9% of the residents of this neighborhood were born in another country.
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 Park Meadows neighborhood spend between 15 and 30 minutes commuting one-way to work (60.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (87.8%) 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 (9.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.