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Real Estate Prices & Overview

Veterans Dr / State Dr median real estate price is $277,704, which is more expensive than 71.3% of the neighborhoods in Oklahoma and 33.9% of the neighborhoods in the U.S.

The average rental price in Veterans Dr / State Dr is currently $397, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 100.0% of Oklahoma neighborhoods.

Veterans Dr / State Dr is a rural neighborhood (based on population density) located in Norman, Oklahoma.

Veterans Dr / State Dr real estate is primarily made up of small (studio to two bedroom) to large (four, five or more 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 Veterans Dr / State Dr neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 6.5% in Veterans Dr / State Dr. NeighborhoodScout analysis shows that this rate is lower than 55.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

The Veterans Dr / State Dr neighborhood stands out for having an average per capita income lower than 100.0% of the neighborhoods in the United States. In a nation where 1 out of every 4 children lives in poverty, the Veterans Dr / State Dr neighborhood also stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, of particular note, 9.4% of the people in the Veterans Dr / State Dr neighborhood currently reside in a correction facility, held due to punishment for a crime.

Modes of Transportation

In the Veterans Dr / State Dr neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 100.0% of residents here. This is a higher proportion of walking commuters than we found in 100.0% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Occupations

The Veterans Dr / State Dr neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 100.0% of the neighborhoods in America. In fact, 100.0% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Real Estate

100.0% of the real estate in the Veterans Dr / State Dr neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, the Veterans Dr / State Dr neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 93.5% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Furthermore, one of the really unique and interesting things about the look and setting of the Veterans Dr / State Dr neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 83.9% 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 97.3% of all neighborhoods in America.

Also of note, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Veterans Dr / State Dr neighborhood. A whopping 69.4% 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 95.4% of the neighborhoods in the U.S. Everything here just feels new.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Veterans Dr / State Dr neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.7% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Veterans Dr / State Dr neighborhood in Norman are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% 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.

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 Veterans Dr / State Dr neighborhood, 100.0% of the working population is employed in executive, management, and professional occupations.

Languages

The most common language spoken in the Veterans Dr / State Dr neighborhood is English, spoken by 97.5% of households. Some people also speak Spanish (2.5%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Veterans Dr / State Dr neighborhood in Norman, OK, residents most commonly identify their ethnicity or ancestry as German (8.3%). There are also a number of people of Mexican ancestry (4.5%), and residents who report English roots (1.7%).

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 Veterans Dr / State Dr neighborhood spend between 30 and 45 minutes commuting one-way to work (100.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (100.0%) hop out the door and walk to work to get to work. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.


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