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Real Estate Prices & Overview

Tice Park median real estate price is $420,616, which is less expensive than 66.3% of Oregon neighborhoods and 41.7% of all U.S. neighborhoods.

The average rental price in Tice Park is currently $1,905, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.1% of Oregon neighborhoods.

Tice Park is a suburban neighborhood (based on population density) located in McMinnville, Oregon.

Tice Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Tice Park neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Tice Park, the current vacancy rate is 0.9%, which is a lower rate of vacancies than 91.7% of all neighborhoods in the U.S. This means that the housing supply in Tice Park 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 McMinnville, the Tice Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Tice Park neighborhood has more Eastern European and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Eastern European ancestry and 1.4% have Finnish ancestry.

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 Tice Park neighborhood in McMinnville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.1% of U.S. neighborhoods. With 37.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.2% of U.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 Tice Park neighborhood, 50.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 19.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.1%), and 12.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Tice Park neighborhood is English, spoken by 94.8% of households. Some people also speak Italian (4.3%).

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 Tice Park neighborhood in McMinnville, OR, residents most commonly identify their ethnicity or ancestry as German (23.0%). There are also a number of people of Irish ancestry (17.2%), and residents who report English roots (15.0%), and some of the residents are also of Mexican ancestry (5.4%), along with some Italian ancestry residents (3.4%), 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 Tice Park neighborhood spend under 15 minutes commuting one-way to work (53.2% of working residents), one of the shortest commutes across America.

Here most residents (69.8%) 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 (12.4%) and 7.4% of residents also hop out the door and walk to work 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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