Real Estate Prices and Overview
Steeplechase median real estate prices are $141,895, which is more expensive than 37.8% of the neighborhoods
in Arizona and 42.5% of the
neighborhoods in the U.S.
Average rental prices in Steeplechase are currently
$926, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 57.6% of Arizona neighborhoods.
Steeplechase is an urban neighborhood (based on population
density) located in Phoenix, Arizona.
Steeplechase 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 occupied by a mixture of owners and renters. Many of
the residences in the Steeplechase neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Steeplechase has a 12.1% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
63.5% of American neighborhoods). This could either
signal that there is weak demand for real estate in the neighborhood,
or that much of the housing stock is seasonally occupied,
which can occur in some markets dominated by colleges or vacation homes.
Either way, if you live here year round, you will find many of the homes
or apartments are empty for all or a portion of the year.
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 Phoenix,
the Steeplechase neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Steeplechase neighborhood has more
Romanian and Yugoslav ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.7% of
this neighborhood's residents have Romanian ancestry and 1.3% have Yugoslav ancestry.
Notable & Unique: People
With a nice mix of college students, safety from crime, and decent
walkability, the Steeplechase 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 87% of the neighborhoods in
AZ. This often also means that the area has certain amenities
and services geared towards college students, from undergraduates to
Notable & Unique: Real Estate
In addition, most neighborhoods are composed of a mixture of ages of homes, but the Steeplechase 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, 98.5% of the residential real estate here was built in this one time period.
The Neighbors: Income
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 Steeplechase neighborhood in Phoenix are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 69.5% of U.S. neighborhoods.
With 27.2% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 69.8%
of U.S. neighborhoods.
The Neighbors: Occupations
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 Steeplechase neighborhood, 36.7%
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 26.5% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(23.2%), and 13.7% in manufacturing and laborer occupations.
The Neighbors: 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 Steeplechase neighborhood in Phoenix, AZ, residents
most commonly identify their ethnicity or ancestry as German
(25.2%). There are also a number of people of Mexican ancestry (17.1%) , and residents who report English roots (5.8%) , and some of the residents are also of Irish ancestry (5.2%) , along with some Italian ancestry residents (3.2%), among others.
The Neighbors: Languages
The most common language spoken in the Steeplechase
neighborhood is English, spoken by 81.1% of households. Some people also speak Spanish (14.7%).
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 Steeplechase neighborhood spend
between 15 and 30 minutes commuting one-way to work (41.5% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (81.7%) drive alone in a private automobile to get to work.
In addition, quite a number also ride the bus to get to work (8.4%) and 5.6% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.