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Real Estate Prices & Overview

Maryvale Terrace median real estate price is $279,678, which is less expensive than 75.1% of Arizona neighborhoods and 61.3% of all U.S. neighborhoods.

The average rental price in Maryvale Terrace is currently $2,053, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.0% of Arizona neighborhoods.

Maryvale Terrace is an urban neighborhood (based on population density) located in Phoenix, Arizona.

Maryvale Terrace real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Maryvale Terrace neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Maryvale Terrace, the current vacancy rate is 2.7%, which is a lower rate of vacancies than 82.4% of all neighborhoods in the U.S. This means that the housing supply in Maryvale Terrace is very tight compared to the demand for property here.

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

Single parenting is hard. But you don't have to tell the Maryvale Terrace neighborhood about it; they already know. 27.2% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.2% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

In addition, neighborhoodScout's exclusive research revealed that 97.1% of the adult residents in the Maryvale Terrace neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 98.4% of the neighborhoods in America.

Occupations

NeighborhoodScout's exclusive research identifies the Maryvale Terrace neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 47.3% of its working residents employed in such fields, which is a higher proportion than 98.1% of American neighborhoods.

Modes of Transportation

In the Maryvale Terrace neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 26.4% of commuters carpool here, which is more than in 97.7% of all U.S. neighborhoods.

Diversity

Did you know that the Maryvale Terrace neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 83.5% of this neighborhood's residents have Mexican ancestry.

Maryvale Terrace is also pretty special linguistically. Significantly, 67.5% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.0% of all U.S. neighborhoods.

The Neighbors

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 Maryvale Terrace 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 84.6% of U.S. neighborhoods. With 38.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.0% of U.S. neighborhoods.

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 Maryvale Terrace neighborhood, 47.3% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 23.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (14.5%), and 14.0% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Maryvale Terrace neighborhood is Spanish, spoken by 67.5% of households. Some people also speak English (31.3%).

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 Maryvale Terrace neighborhood in Phoenix, AZ, residents most commonly identify their ethnicity or ancestry as Mexican (83.5%). There are also a number of people of Irish ancestry (1.9%), and residents who report Native American roots (1.5%), and some of the residents are also of English ancestry (1.3%), along with some German ancestry residents (1.1%), among others. In addition, 29.3% of the residents of this neighborhood were born in another country.

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 Maryvale Terrace neighborhood spend between 15 and 30 minutes commuting one-way to work (45.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (67.4%) 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 (26.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
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Economics & Demographics include:
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Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
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