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Real Estate Prices & Overview

Wagon Wheel median real estate price is $325,884, which is more expensive than 34.5% of the neighborhoods in Arizona and 40.2% of the neighborhoods in the U.S.

The average rental price in Wagon Wheel is currently $2,421, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.4% of Arizona neighborhoods.

Wagon Wheel is a rural neighborhood (based on population density) located in Show Low, Arizona.

Wagon Wheel real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Wagon Wheel neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Vacant apartments or homes are a major fact of life in Wagon Wheel. The current real estate vacancy rate here is 32.8%. This is higher than the rate of vacancies in 95.7% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (30.7%). This can occur in 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. If you live here year round, 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.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 96.1% of all neighborhoods in America, with 33.2% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 32.8% of the residential real estate vacant, the Wagon Wheel neighborhood claims the distinction of having a higher vacancy rate than 95.7% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

People

If you're planning where to retire, the Wagon Wheel neighborhood in Show Low is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in AZ, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 87.5% of the neighborhoods in Arizona. If you are considering retiring to Arizona, this is a good neighborhood to look at.

Diversity

Significantly, 1.2% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 97.9% 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 Wagon Wheel neighborhood in Show Low are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 82.0% of U.S. neighborhoods. In addition, 6.7% 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 59.4% of America'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 Wagon Wheel neighborhood, 41.7% 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 30.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.9%), and 8.8% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Wagon Wheel neighborhood is English, spoken by 90.5% of households. Other important languages spoken here include Italian, Spanish and Tagalog (the first language of the Philippine region).

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 Wagon Wheel neighborhood in Show Low, AZ, residents most commonly identify their ethnicity or ancestry as German (16.3%). There are also a number of people of English ancestry (16.2%), and residents who report Mexican roots (15.6%), and some of the residents are also of Irish ancestry (14.7%), along with some Italian ancestry residents (10.7%), 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 Wagon Wheel neighborhood spend under 15 minutes commuting one-way to work (55.3% of working residents), one of the shortest commutes across America.

Here most residents (72.9%) 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 (19.5%) . 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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