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Real Estate Prices & Overview

Morse median real estate price is $1,082,121, which is more expensive than 99.5% of the neighborhoods in Kansas and 93.5% of the neighborhoods in the U.S.

The average rental price in Morse is currently $2,680, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.1% of the neighborhoods in Kansas.

Morse is a suburban neighborhood (based on population density) located in Overland Park, Kansas.

Morse real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Morse neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Morse, the current vacancy rate is 2.0%, which is a lower rate of vacancies than 86.5% of all neighborhoods in the U.S. This means that the housing supply in Morse is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Overland Park, the Morse neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 0.5% of America's neighborhoods are wealthier than the Morse neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. As one would expect in a considerably wealthy neighborhood such as this, Morse also has one of the lowest ratings of child poverty in the nation.

In addition, according to NeighborhoodScout's exclusive analysis, Morse is among the best neighborhoods for families in Kansas. In fact, this neighborhood is more family-friendly than 99.6% of neighborhoods in the entire state of Kansas. 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 Morse neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for urban sophisticates, highly educated executives and college students.

Also, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 99.4% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Morse neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Finally, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 73.9% of the adults living in the Morse neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 95.6% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Real Estate

One way that the Morse neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.7% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

In addition, real estate in the Morse 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 99.7% 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.

Furthermore, homes built from 2000 through today make up a higher proportion of the Morse neighborhood's real estate landscape than 97.4% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 79.9% of the residential real estate here is classified as newer.

Also of note, 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 Morse 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 96.2% of all American neighborhoods.

Modes of Transportation

A unique way of commuting is simply not to. And in the Morse neighborhood, analysis shows that 35.2% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 98.8% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Diversity

Did you know that the Morse neighborhood has more Austrian and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.3% of this neighborhood's residents have Austrian ancestry and 2.6% have British ancestry.

Morse is also pretty special linguistically. Significantly, 3.3% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 95.1% 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 Morse neighborhood in Overland Park 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 99.5% 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 Morse neighborhood, 68.2% 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 24.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (5.1%), and 2.7% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Morse neighborhood is English, spoken by 92.5% of households. Some people also speak Langs. of India (3.3%).

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 Morse neighborhood in Overland Park, KS, residents most commonly identify their ethnicity or ancestry as German (30.3%). There are also a number of people of English ancestry (15.2%), and residents who report Irish roots (10.7%), and some of the residents are also of Asian ancestry (6.7%), along with some Italian ancestry residents (5.5%), among others.

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 Morse neighborhood spend between 15 and 30 minutes commuting one-way to work (41.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (62.3%) 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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