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Real Estate Prices & Overview

W Oquendo Rd / Sweet Jasmine Dr median real estate price is $486,069, which is more expensive than 55.2% of the neighborhoods in Nevada and 64.1% of the neighborhoods in the U.S.

The average rental price in W Oquendo Rd / Sweet Jasmine Dr is currently $3,017, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.5% of the neighborhoods in Nevada.

W Oquendo Rd / Sweet Jasmine Dr is an urban neighborhood (based on population density) located in Las Vegas, Nevada.

W Oquendo Rd / Sweet Jasmine Dr 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 occupied by a mixture of owners and renters. Many of the residences in the W Oquendo Rd / Sweet Jasmine Dr neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In W Oquendo Rd / Sweet Jasmine Dr, 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 W Oquendo Rd / Sweet Jasmine Dr is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

Real Estate

With a real estate vacancy rate of only 0.0%, the W Oquendo Rd / Sweet Jasmine Dr 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, if you like the look and ambience of new homes and newly built neighborhoods, you will love the W Oquendo Rd / Sweet Jasmine Dr neighborhood. A whopping 78.8% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 97.0% of the neighborhoods in the U.S. Everything here just feels new.

Occupations

There are more people living in the W Oquendo Rd / Sweet Jasmine Dr neighborhood employed as sales and service workers (57.3%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

People

With a nice mix of college students, safety from crime, and decent walkability, the W Oquendo Rd / Sweet Jasmine Dr 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 86.7% of the neighborhoods in NV. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the W Oquendo Rd / Sweet Jasmine Dr neighborhood has more Welsh and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.0% of this neighborhood's residents have Welsh ancestry and 1.6% have Finnish ancestry.

W Oquendo Rd / Sweet Jasmine Dr is also pretty special linguistically. Significantly, 5.2% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 98.1% of the neighborhoods in America.

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 W Oquendo Rd / Sweet Jasmine Dr neighborhood in Las Vegas are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 50.0% of the neighborhoods in America. In addition, 2.3% 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 73.8% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the W Oquendo Rd / Sweet Jasmine Dr neighborhood, 42.7% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 39.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.2%), and 7.5% in manufacturing and laborer occupations.

Languages

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 W Oquendo Rd / Sweet Jasmine Dr neighborhood is English, spoken by 65.8% of households. Other important languages spoken here include Spanish and Tagalog (the first language of the Philippine region).

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 W Oquendo Rd / Sweet Jasmine Dr neighborhood in Las Vegas, NV, residents most commonly identify their ethnicity or ancestry as Mexican (24.4%). There are also a number of people of German ancestry (16.1%), and residents who report Asian roots (8.8%), and some of the residents are also of Irish ancestry (7.5%), along with some Italian ancestry residents (4.4%), among others. In addition, 23.3% of the residents of this neighborhood were born in another country.

Getting to Work

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 W Oquendo Rd / Sweet Jasmine Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (54.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (81.6%) 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 (5.6%) . 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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