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Real Estate Prices & Overview

N Airport Rd / I 40 median real estate price is $259,066, which is more expensive than 71.9% of the neighborhoods in Arkansas and 34.6% of the neighborhoods in the U.S.

The average rental price in N Airport Rd / I 40 is currently $1,562, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.7% of the neighborhoods in Arkansas.

N Airport Rd / I 40 is a suburban neighborhood (based on population density) located in West Memphis, Arkansas.

N Airport Rd / I 40 real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the N Airport Rd / I 40 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.

Real estate vacancies in N Airport Rd / I 40 are 3.4%, which is lower than one will find in 77.5% of American neighborhoods. Demand for real estate in N Airport Rd / I 40 is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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.

Real Estate

The N Airport Rd / I 40 neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.0% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 96.3% of all neighborhoods in America.

In addition, owner-occupied real estate dominates the N Airport Rd / I 40 neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 95.3% of neighborhoods in America.

People

The N Airport Rd / I 40 neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 90.2% of Arkansas neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state.

Diversity

Did you know that the N Airport Rd / I 40 neighborhood has more Scots-Irish and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.5% of this neighborhood's residents have Scots-Irish ancestry and 21.5% have English ancestry.

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 N Airport Rd / I 40 neighborhood in West Memphis are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 54.7% of the neighborhoods in America. In addition, 2.6% 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 72.9% 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 N Airport Rd / I 40 neighborhood, 49.7% 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 19.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.0%), and 15.3% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the N Airport Rd / I 40 neighborhood is English, spoken by 97.9% of households.

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 N Airport Rd / I 40 neighborhood in West Memphis, AR, residents most commonly identify their ethnicity or ancestry as English (21.5%). There are also a number of people of Irish ancestry (14.8%), and residents who report German roots (14.8%), and some of the residents are also of Italian ancestry (4.6%), along with some Scots-Irish 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 N Airport Rd / I 40 neighborhood spend under 15 minutes commuting one-way to work (47.8% of working residents), one of the shortest commutes across America.

Here most residents (87.7%) drive alone in a private automobile to get to work. 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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