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Real Estate Prices & Overview

South Oakdale Historic District / Downtown Medford median real estate price is $324,630, which is less expensive than 85.5% of Oregon neighborhoods and 53.3% of all U.S. neighborhoods.

The average rental price in South Oakdale Historic District / Downtown Medford is currently $1,449, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 79.3% of Oregon neighborhoods.

South Oakdale Historic District / Downtown Medford is an urban neighborhood (based on population density) located in Medford, Oregon.

South Oakdale Historic District / Downtown Medford real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the South Oakdale Historic District / Downtown Medford neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 7.4% in South Oakdale Historic District / Downtown Medford. NeighborhoodScout analysis shows that this rate is lower than 51.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

People

Divorcees may find friendship and understanding in this neighborhood, as 26.1% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 99.4% of the neighborhoods in America.

In addition, neighborhoodScout's exclusive research revealed that 93.5% of the adult residents in the South Oakdale Historic District / Downtown Medford neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.7% of the neighborhoods in America.

Occupations

There are more people living in the South Oakdale Historic District / Downtown Medford neighborhood employed as sales and service workers (55.5%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Diversity

Significantly, 1.8% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 95.8% of the neighborhoods in America.

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 South Oakdale Historic District / Downtown Medford neighborhood in Medford are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.7% of U.S. neighborhoods. With 16.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 62.8% of U.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 South Oakdale Historic District / Downtown Medford neighborhood, 44.5% 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 24.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.2%), and 14.2% in executive, management, and professional occupations.

Languages

The most common language spoken in the South Oakdale Historic District / Downtown Medford neighborhood is English, spoken by 92.8% of households. Some people also speak Spanish (4.9%).

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 South Oakdale Historic District / Downtown Medford neighborhood in Medford, OR, residents most commonly identify their ethnicity or ancestry as German (18.2%). There are also a number of people of English ancestry (12.4%), and residents who report Irish roots (12.3%), and some of the residents are also of Mexican ancestry (5.8%), along with some French ancestry residents (3.3%), 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 South Oakdale Historic District / Downtown Medford neighborhood spend under 15 minutes commuting one-way to work (49.7% of working residents), one of the shortest commutes across America.

Here most residents (76.6%) 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 (16.0%) . 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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