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Real Estate Prices & Overview

Tempe Royal Estates median real estate price is $367,486, which is more expensive than 49.3% of the neighborhoods in Arizona and 56.4% of the neighborhoods in the U.S.

The average rental price in Tempe Royal Estates is currently $3,190, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.6% of the neighborhoods in Arizona.

Tempe Royal Estates is an urban neighborhood (based on population density) located in Tempe, Arizona.

Tempe Royal Estates 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 renter occupied. Many of the residences in the Tempe Royal Estates 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.

In Tempe Royal Estates, the current vacancy rate is 2.7%, which is a lower rate of vacancies than 83.2% of all neighborhoods in the U.S. This means that the housing supply in Tempe Royal Estates is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

Tempe Royal Estates has the amazing distinction of housing more same sex couples living together than 98.3% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

Real Estate

One of the really unique and interesting things about the look and setting of the Tempe Royal Estates neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 73.0% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.6% of all neighborhoods in America.

In addition, 85.4% of the real estate in the Tempe Royal Estates neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Diversity

Did you know that the Tempe Royal Estates neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have Native American ancestry.

Tempe Royal Estates is also pretty special linguistically. Significantly, 2.0% 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 99.0% of the neighborhoods in America.

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 Tempe Royal Estates neighborhood in Tempe are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 41.3% of the neighborhoods in America. With 28.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.4% of U.S. neighborhoods.

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 Tempe Royal Estates neighborhood, 54.2% 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 19.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.8%), and 10.3% in manufacturing and laborer 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 Tempe Royal Estates neighborhood is English, spoken by 66.1% of households. Other important languages spoken here include Spanish, Langs. of India, Tagalog (the first language of the Philippine region) and Chinese.

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 Tempe Royal Estates neighborhood in Tempe, AZ, residents most commonly identify their ethnicity or ancestry as Mexican (26.4%). There are also a number of people of Asian ancestry (19.0%), and residents who report German roots (8.3%), and some of the residents are also of Italian ancestry (5.1%), along with some Irish ancestry residents (3.3%), among others. In addition, 16.5% of the residents of this neighborhood were born in another country.

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 Tempe Royal Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (46.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (59.5%) 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 (18.9%) . 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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Crime includes:
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Schools include:
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