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Real Estate Prices & Overview

Draper Northwest median real estate price is $726,661, which is more expensive than 79.6% of the neighborhoods in Utah and 81.6% of the neighborhoods in the U.S.

The average rental price in Draper Northwest is currently $2,361, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 76.7% of the neighborhoods in Utah.

Draper Northwest is a suburban neighborhood (based on population density) located in Draper, Utah.

Draper Northwest real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Draper Northwest 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.

In Draper Northwest, the current vacancy rate is 2.1%, which is a lower rate of vacancies than 86.0% of all neighborhoods in the U.S. This means that the housing supply in Draper Northwest is very tight compared to the demand for property here.

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 Draper, the Draper Northwest 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 Draper Northwest 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 Draper Northwest community truly stands out from the rest in this regard.

In addition, there is an especially high percentage of incarcerated people (1.5%) living in the Draper Northwest neighborhood.

Also, neighborhoodScout's analysis shows that the Draper Northwest neighborhood has a greater concentration of residents currently enrolled in college than 96.0% of the neighborhoods in the U.S. With 12.2% of the population here attending college, this is very much a college-focused neighborhood.

Modes of Transportation

In the Draper Northwest neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 36.7% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 99.1% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Diversity

Did you know that the Draper Northwest neighborhood has more Iranian and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.4% of this neighborhood's residents have Iranian ancestry and 22.6% have English ancestry.

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 Draper Northwest neighborhood in Draper are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 59.2% 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 Draper Northwest neighborhood, 52.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 21.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.6%), and 9.3% 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 Draper Northwest neighborhood is English, spoken by 86.9% of households. Other important languages spoken here include Chinese, Spanish and Langs. of India.

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 Draper Northwest neighborhood in Draper, UT, residents most commonly identify their ethnicity or ancestry as English (22.6%). There are also a number of people of German ancestry (6.1%), and residents who report Asian roots (4.5%), and some of the residents are also of Italian ancestry (4.0%), along with some South American ancestry residents (3.5%), among others.

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 Draper Northwest neighborhood spend under 15 minutes commuting one-way to work (41.1% of working residents), one of the shortest commutes across America.

Here most residents (50.5%) 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 (10.0%) . 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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