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Real Estate Prices & Overview

W Spring Mountain Rd / S Tenaya Way median real estate price is $420,906, which is more expensive than 41.9% of the neighborhoods in Nevada and 57.5% of the neighborhoods in the U.S.

The average rental price in W Spring Mountain Rd / S Tenaya Way is currently $2,407, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.4% of Nevada neighborhoods.

W Spring Mountain Rd / S Tenaya Way is a suburban neighborhood (based on population density) located in Las Vegas, Nevada.

W Spring Mountain Rd / S Tenaya Way 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 W Spring Mountain Rd / S Tenaya Way neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Home and apartment vacancy rates are 6.2% in W Spring Mountain Rd / S Tenaya Way. NeighborhoodScout analysis shows that this rate is lower than 58.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Las Vegas, the W Spring Mountain Rd / S Tenaya Way neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the W Spring Mountain Rd / S Tenaya Way 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 W Spring Mountain Rd / S Tenaya Way community truly stands out from the rest in this regard.

Occupations

There are more people living in the W Spring Mountain Rd / S Tenaya Way neighborhood employed as sales and service workers (54.6%) 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.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the W Spring Mountain Rd / S Tenaya Way stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 88.2% of the residential real estate here was built in this one time period.

Diversity

Did you know that the W Spring Mountain Rd / S Tenaya Way neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 29.3% of this neighborhood's residents have Asian ancestry.

W Spring Mountain Rd / S Tenaya Way is also pretty special linguistically. Significantly, 9.1% 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 99.3% of the neighborhoods in America.

The Neighbors

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 W Spring Mountain Rd / S Tenaya Way neighborhood in Las Vegas are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 60.1% 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.

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 W Spring Mountain Rd / S Tenaya Way neighborhood, 45.4% 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 21.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.1%), and 13.5% in clerical, assistant, and tech support 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 Spring Mountain Rd / S Tenaya Way neighborhood is English, spoken by 48.7% of households. Other important languages spoken here include Spanish, Tagalog (the first language of the Philippine region), Chinese and French.

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 W Spring Mountain Rd / S Tenaya Way neighborhood in Las Vegas, NV, residents most commonly identify their ethnicity or ancestry as Asian (29.3%). There are also a number of people of Mexican ancestry (15.7%), and residents who report Sub-Saharan African roots (6.9%), and some of the residents are also of German ancestry (5.4%), along with some Irish ancestry residents (4.7%), among others. In addition, 38.4% of the residents of this neighborhood were born in another country.

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 W Spring Mountain Rd / S Tenaya Way neighborhood spend between 15 and 30 minutes commuting one-way to work (48.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (77.3%) 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 (12.8%) . 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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