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Real Estate Prices & Overview

Arcadia median real estate price is $1,098,256, which is more expensive than 98.1% of the neighborhoods in Arizona and 93.9% of the neighborhoods in the U.S.

The average rental price in Arcadia is currently $3,124, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.6% of the neighborhoods in Arizona.

Arcadia is a suburban neighborhood (based on population density) located in Phoenix, Arizona.

Arcadia real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Arcadia neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

Vacant apartments or homes are a major fact of life in Arcadia. The current real estate vacancy rate here is 16.6%. This is higher than the rate of vacancies in 81.3% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. 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

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

Of note is NeighborhoodScout's research finding that the Arcadia neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Arcadia community truly stands out from the rest in this regard.

In addition, with a nice mix of college students, safety from crime, and decent walkability, the Arcadia 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 89.7% of the neighborhoods in AZ. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the Arcadia neighborhood has more Czechoslovakian and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.4% of this neighborhood's residents have Czechoslovakian ancestry and 2.0% have Canadian ancestry.

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 Arcadia neighborhood in Phoenix are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.7% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America'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 Arcadia neighborhood, 57.2% 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 33.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (6.9%), and 2.6% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Arcadia neighborhood is English, spoken by 86.8% of households. Some people also speak Spanish (10.0%).

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 Arcadia neighborhood in Phoenix, AZ, residents most commonly identify their ethnicity or ancestry as German (16.0%). There are also a number of people of English ancestry (13.5%), and residents who report Irish roots (11.4%), and some of the residents are also of Norwegian ancestry (8.1%), along with some Scottish ancestry residents (7.2%), among others.

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 Arcadia neighborhood spend under 15 minutes commuting one-way to work (42.6% of working residents), one of the shortest commutes across America.

Here most residents (63.7%) 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 (19.8%) . 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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Race & Ethnic Diversity
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Crime includes:
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Schools include:
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