Real Estate Prices and Overview
Median real estate prices in the City Center of Altus are $35,553, which is less expensive than 99.1% of Oklahoma neighborhoods
and 99.4% of all U.S. neighborhoods.
Average rental prices in Altus City Center are currently
$467, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 95.1% of Oklahoma neighborhoods.
Altus City Center is a suburban neighborhood (based on population
density) located in Altus, Oklahoma.
Real estate in the City Center of Altus, OK 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 City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Altus
City Center. The current real estate vacancy rate here is 19.4%.
This is higher than the rate of vacancies in 83.8% of
all U.S. neighborhoods. This can sometimes be the case in neighborhoods
dominated by seasonal homes (such as vacation areas), and occasionally
it is also found in neighborhoods that are primarily filled with college
students, as some apartments could be vacant when school is not in session.
But often neighborhoods with vacancy rates this high are places that
can be plagued by a protracted vacancy problem. If you live here, you
may find that a number of buildings in your neighborhood are actually empty.
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 Altus,
the City Center neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Length of Commute
Regardless of the means by which residents commute, this neighborhood has
a length of commute that is notable.
Residents of the Altus City Center neighborhood have the pleasure
of having one of the shortest commutes to work of any neighborhood in
America. 78.8% of the residents have a commute time from
home to work (one way) of less than fifteen minutes. This is a higher
proportion of residents enjoying a short trip to work than NeighborhoodScout
found in 99.4% of U.S. neighborhoods. Less time commuting
means more time for other things in life.
Notable & Unique: People
Of particular note, 9.8% of the people in the City Center
neighborhood currently reside in a correction facility, held due to
punishment for a crime.
In addition, with a nice mix of college students, safety from crime, and decent
walkability, the Altus City Center 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 86% of the neighborhoods in
OK. This often also means that the area has certain amenities
and services geared towards college students, from undergraduates to
Notable & Unique: Occupations
It used to be that most Americans lived on the farm, or otherwise made their
living from the land, the forests, or the sea. With global trade and an
economy increasingly based on providing services to one another, fewer
people farm, fish or harvest timber now than at any time in American history.
But according to NeighborhoodScout's leading analysis, the Altus
City Center neighborhood stands apart from most American neighborhood due
to the proportion of its residents still working in these fields. With 7.3%
of the workforce so employed, this neighborhood has a greater concentration
of such workers than 98.0% of U.S. neighborhoods.
The Neighbors: Income
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 City Center neighborhood in Altus are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 89.5% of U.S. neighborhoods.
With 35.6% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 79.7%
of U.S. neighborhoods.
The Neighbors: Occupations
The old saying "you are what you eat" is true. But it is also true that you
are what you do for a living. The types of occupations your neighbors have
shape their character, and together as a group, their collective occupations
shape the culture of a place.
In the Altus City Center neighborhood, 40.3%
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
manufacturing and laborer occupations, with 28.9% of the residents employed.
Other residents here are employed in executive, management, and professional occupations
(13.2%), and 10.3% in clerical, assistant, and tech support occupations.
The Neighbors: 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 City Center neighborhood in Altus, OK, residents
most commonly identify their ethnicity or ancestry as Mexican
(34.6%). There are also a number of people of English ancestry (7.4%) , and residents who report Irish roots (4.6%) , and some of the residents are also of German ancestry (4.5%) , along with some Scottish ancestry residents (1.5%), among others. In addition, 19.6% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The most common language spoken in the Altus City Center
neighborhood is English, spoken by 68.4% of households. Some people also speak Spanish (31.4%).
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 Altus City Center neighborhood spend
under 15 minutes commuting one-way to work (78.8% of working
residents), one of the shortest commutes across America.
Here most residents (65.3%) 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 (16.7%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.