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Real Estate Prices & Overview

Tanque Verde North median real estate price is $797,314, which is more expensive than 87.8% of the neighborhoods in Arizona and 84.5% of the neighborhoods in the U.S.

The average rental price in Tanque Verde North is currently $2,491, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.0% of Arizona neighborhoods.

Tanque Verde North is a rural neighborhood (based on population density) located in Tucson, Arizona.

Tanque Verde North real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Tanque Verde North 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.

Tanque Verde North has a 11.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.9% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (7.0%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

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

Of note is NeighborhoodScout's research finding that the Tanque Verde North 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 Tanque Verde North community truly stands out from the rest in this regard.

In addition, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Tanque Verde North neighborhood, where 40.8% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 97.3% of the neighborhoods in America.

Also, according to NeighborhoodScout's exclusive analysis, Tanque Verde North is among the best neighborhoods for families in Arizona. In fact, this neighborhood is more family-friendly than 96.7% of neighborhoods in the entire state of Arizona. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Tanque Verde North neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for active retirees, highly educated executives and urban sophisticates.

Real Estate

Real estate in the Tanque Verde North neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 99.6% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.

In addition, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Tanque Verde North neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 97.6% of all American neighborhoods.

Diversity

Did you know that the Tanque Verde North neighborhood has more Croatian and Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Croatian ancestry and 12.7% have Polish 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 Tanque Verde North neighborhood in Tucson are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 89.6% 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.

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 Tanque Verde North neighborhood, 66.2% 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 13.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.3%), and 8.7% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Tanque Verde North neighborhood is English, spoken by 95.7% of households. Some people also speak Spanish (3.4%).

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 Tanque Verde North neighborhood in Tucson, AZ, residents most commonly identify their ethnicity or ancestry as German (19.7%). There are also a number of people of English ancestry (17.5%), and residents who report Polish roots (12.7%), and some of the residents are also of Italian ancestry (12.1%), along with some Irish 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 Tanque Verde North neighborhood spend between 15 and 30 minutes commuting one-way to work (39.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (81.3%) drive alone in a private automobile to get to work. 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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