University of Oklahoma Norman Campus median real estate price is $251,515, which is more expensive than 68.7% of the neighborhoods in Oklahoma and 33.3% of the neighborhoods in the U.S.
The average rental price in University of Oklahoma Norman Campus is currently $1,342, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.1% of Oklahoma neighborhoods.
University of Oklahoma Norman Campus is a densely urban neighborhood (based on population density) located in Norman, Oklahoma.
University of Oklahoma Norman Campus 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 University of Oklahoma Norman Campus neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in University of Oklahoma Norman Campus. The current real estate vacancy rate here is 54.6%. This is higher than the rate of vacancies in 99.0% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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 University of Oklahoma Norman Campus 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 University of Oklahoma Norman Campus community truly stands out from the rest in this regard.
In addition, neighborhoodScout's analysis shows that the University of Oklahoma Norman Campus neighborhood has a greater concentration of residents currently enrolled in college than 99.9% of the neighborhoods in the U.S. With 98.3% of the population here attending college, this is very much a college-focused neighborhood.
Also, one of the really interesting characteristics about the University of Oklahoma Norman Campus neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.2% of college-friendly places to live in the state of Oklahoma.
Occupations
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the University of Oklahoma Norman Campus neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.9% of all American neighborhoods.
Modes of Transportation
More people in University of Oklahoma Norman Campus choose to walk to work each day (37.1%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the University of Oklahoma Norman Campus neighborhood is a fantastic option for bicycle commuters, as 4.7% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 97.9% of the neighborhoods in America.
Real Estate
99.2% of the real estate in the University of Oklahoma Norman Campus neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. Despite all of the residential real estate here in the University of Oklahoma Norman Campus neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 54.6%, which is higher than 99.0% of all U.S. neighborhoods.
Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The University of Oklahoma Norman Campus neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the University of Oklahoma Norman Campus neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 70.6% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 98.6% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Migration / Stability
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the University of Oklahoma Norman Campus neighborhood. In the University of Oklahoma Norman Campus neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 100.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Diversity
Did you know that the University of Oklahoma Norman Campus neighborhood has more Native American and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.0% of this neighborhood's residents have Native American ancestry and 0.8% have Romanian ancestry.
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 University of Oklahoma Norman Campus neighborhood in Norman are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. 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.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the University of Oklahoma Norman Campus neighborhood, 62.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 18.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.0%), and 8.7% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the University of Oklahoma Norman Campus neighborhood is English, spoken by 93.5% of households. Some people also speak Spanish (2.1%).
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 University of Oklahoma Norman Campus neighborhood in Norman, OK, residents most commonly identify their ethnicity or ancestry as German (11.0%). There are also a number of people of Irish ancestry (8.6%), and residents who report Asian roots (3.6%), and some of the residents are also of Mexican ancestry (3.2%), along with some Native American ancestry residents (3.0%), among others.
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 University of Oklahoma Norman Campus neighborhood spend under 15 minutes commuting one-way to work (70.6% of working residents), one of the shortest commutes across America.
Here most residents (44.9%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (37.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
