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Real Estate Prices & Overview

Wilcox Park median real estate price is $596,209, which is more expensive than 51.3% of the neighborhoods in Washington and 70.9% of the neighborhoods in the U.S.

The average rental price in Wilcox Park is currently $2,218, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.1% of Washington neighborhoods.

Wilcox Park is an urban neighborhood (based on population density) located in Lynnwood, Washington.

Wilcox Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Wilcox Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Wilcox Park are 5.2%, which is lower than one will find in 65.5% of American neighborhoods. Demand for real estate in Wilcox Park is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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

People

Of note, 53.2% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

Diversity

Did you know that the Wilcox Park neighborhood has more Armenian and Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have Armenian ancestry and 0.8% have Belgian ancestry.

Wilcox Park is also pretty special linguistically. Significantly, 1.7% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.

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 Wilcox Park neighborhood in Lynnwood are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 42.3% of the neighborhoods in America. With 53.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.1% 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 Wilcox Park neighborhood, 30.7% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 28.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (25.6%), and 15.3% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Wilcox Park neighborhood is English, spoken by 59.3% of households. Other important languages spoken here include Spanish, African languages, Tagalog (the first language of the Philippine region) and Chinese.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Wilcox Park neighborhood in Lynnwood, WA, residents most commonly identify their ethnicity or ancestry as Asian (16.5%). There are also a number of people of Mexican ancestry (15.2%), and residents who report German roots (12.7%), and some of the residents are also of English ancestry (9.2%), along with some Irish ancestry residents (7.3%), among others. In addition, 30.2% of the residents of this neighborhood were born in another country.

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 Wilcox Park neighborhood spend between 30 and 45 minutes commuting one-way to work (35.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (70.0%) 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 (12.7%) and 6.3% of residents also ride the bus 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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