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Real Estate Prices & Overview

Metro Park median real estate price is $153,140, which is less expensive than 67.4% of Oklahoma neighborhoods and 85.5% of all U.S. neighborhoods.

The average rental price in Metro Park is currently $1,066, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.3% of Oklahoma neighborhoods.

Metro Park is a suburban neighborhood (based on population density) located in Oklahoma City, Oklahoma.

Metro Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Metro Park neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Metro Park has a 15.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.8% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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 Oklahoma City, the Metro Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Metro Park neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.3% of all American neighborhoods.

Furthermore, neighborhoodScout's exclusive research identifies the Metro Park neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 44.8% of its working residents employed in such fields, which is a higher proportion than 97.1% of American neighborhoods.

Real Estate

If you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 58.8% of the residential real estate in the Metro Park neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 96.2% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

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 Metro Park neighborhood in Oklahoma City are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 80.1% of U.S. neighborhoods. With 37.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.4% 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 Metro Park neighborhood, 44.8% of the working population is employed in manufacturing and laborer 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 44.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (8.3%), and 2.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Metro Park neighborhood is English, spoken by 49.8% of households. Some people also speak Spanish (48.9%).

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 Metro Park neighborhood in Oklahoma City, OK, residents most commonly identify their ethnicity or ancestry as Mexican (48.1%). There are also a number of people of Irish ancestry (6.4%), and residents who report German roots (3.6%), and some of the residents are also of Italian ancestry (2.2%), along with some Sub-Saharan African ancestry residents (1.6%), among others. In addition, 23.7% of the residents of this neighborhood were born in another country.

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 Metro Park neighborhood spend under 15 minutes commuting one-way to work (50.5% of working residents), one of the shortest commutes across America.

Here most residents (76.0%) 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 (8.0%) and 6.7% of residents also carpool with coworkers, friends, or neighbors for their daily commute. 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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