Real Estate Prices and Overview
N Walker Ave / NW 7th St median real estate prices are $66,041, which is less expensive than 80.4% of Oklahoma neighborhoods
and 92.6% of all U.S. neighborhoods.
Average rental prices in N Walker Ave / NW 7th St are currently
$964, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 88.7%
of the neighborhoods in Oklahoma.
N Walker Ave / NW 7th St is an urban neighborhood (based on population
density) located in Oklahoma City, Oklahoma.
N Walker Ave / NW 7th St 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 single-family homes.
Most of the residential real estate is renter occupied. Many of
the residences in the N Walker Ave / NW 7th St neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
N Walker Ave / NW 7th St has a 13.4% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
68.1% 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
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.
Notable & Unique: People
One of the most interesting things about the N Walker Ave / NW 7th St
neighborhood is that it has a greater concentration of residents who live
alone than most all neighborhoods in America. With 67.0% of the
households here made up of people living alone, NeighborhoodScout's research
reveals that this is a larger proportion of people living alone than in
99.8% of the neighborhoods in America.
Notable & Unique: Migration/Stability
The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
In the N Walker Ave / NW 7th St neighborhood, a greater proportion of
the residents living here today did not live here five years ago than is
found in 99.5% of U.S. Neighborhoods. This neighborhood,
more than almost any other in America, has new residents from other areas.
Notable & Unique: Diversity
Did you know that the N Walker Ave / NW 7th St neighborhood has more
Lebanese and Native American ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.1% of
this neighborhood's residents have Lebanese ancestry and 3.9% have Native American ancestry.
N Walker Ave / NW 7th St is also pretty special linguistically. Significantly, 0.4% of its residents five years old and above primarily
speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher
than 96.8% of the neighborhoods in America.
Notable & Unique: Occupations
With 2.3% of employed workers living in the
N Walker Ave / NW 7th St neighborhood active in the military, this neighborhood has
the distinction of having a higher proportion of people in the military
than 97.2% of American neighborhoods. This is a major
shaper of the neighborhood's culture and character.
Notable & Unique: Real Estate
In addition, the N Walker Ave / NW 7th St 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 97.9% 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, the real estate in the N Walker Ave / NW 7th St neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 85.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.1% of American neighborhoods.
Also of note, renter-occupied real estate is dominant in the N Walker Ave / NW 7th St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 91.1%, which is higher than 97.4% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
The Neighbors: Income
There are two complimentary 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 N Walker Ave / NW 7th St neighborhood in Oklahoma City are middle-income, making it a moderate income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 42.1% of the neighborhoods in America.
In addition, 12.4% 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 56.8%
of America'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 N Walker Ave / NW 7th St neighborhood, 53.7%
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 17.4% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(16.0%), and 12.8% in manufacturing and laborer occupations.
The Neighbors: 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 N Walker Ave / NW 7th St neighborhood in Oklahoma City, OK, residents
most commonly identify their ethnicity or ancestry as Irish
(8.9%). There are also a number of people of Mexican ancestry (8.5%) , and residents who report German roots (6.9%) , and some of the residents are also of Native American ancestry (3.9%) , along with some Arab ancestry residents (2.9%), among others.
The Neighbors: Languages
The most common language spoken in the N Walker Ave / NW 7th St
neighborhood is English, spoken by 85.5% of households. Some people also speak Spanish (7.1%).
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 N Walker Ave / NW 7th St neighborhood spend
under 15 minutes commuting one-way to work (49.5% of working
residents), one of the shortest commutes across America.
Here most residents (72.6%) 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 (12.2%) and 11.7% of residents also hop out the door and walk to work 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.