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Real Estate Prices & Overview

Sun Lakes East median real estate price is $679,523, which is more expensive than 81.3% of the neighborhoods in Arizona and 78.2% of the neighborhoods in the U.S.

The average rental price in Sun Lakes East is currently $3,060, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.0% of the neighborhoods in Arizona.

Sun Lakes East is a suburban neighborhood (based on population density) located in Chandler, Arizona.

Sun Lakes East real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Sun Lakes East neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Vacant apartments or homes are a major fact of life in Sun Lakes East. The current real estate vacancy rate here is 16.4%. This is higher than the rate of vacancies in 82.0% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (14.0%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually 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 Chandler, the Sun Lakes East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Sun Lakes East 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 Sun Lakes East community truly stands out from the rest in this regard.

In addition, if you're nearing retirement age, or in retirement, the Sun Lakes East is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 9.1% of retiree-friendly neighborhoods in Arizona, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Arizona.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Sun Lakes East stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 95.6% of the residential real estate here was built in this one time period.

In addition, the Sun Lakes East neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 100.0% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 98.8% of all neighborhoods in America.

Furthermore, real estate in the Sun Lakes East 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 95.1% 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.

Occupations

The Sun Lakes East neighborhood stands out nationally for having a greater proportion of its residents active in the military than 97.5% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Diversity

Did you know that the Sun Lakes East neighborhood has more Swiss and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.0% of this neighborhood's residents have Swiss ancestry and 24.8% have English ancestry.

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 Sun Lakes East neighborhood in Chandler are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 47.9% 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 Sun Lakes East neighborhood, 44.9% 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 35.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.4%), and 5.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Sun Lakes East neighborhood is English, spoken by 97.4% of households.

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 Sun Lakes East neighborhood in Chandler, AZ, residents most commonly identify their ethnicity or ancestry as German (28.3%). There are also a number of people of English ancestry (24.8%), and residents who report Irish roots (12.8%), and some of the residents are also of Norwegian ancestry (6.6%), along with some Italian ancestry residents (5.9%), 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 Sun Lakes East neighborhood spend between 15 and 30 minutes commuting one-way to work (49.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (69.4%) 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 (8.7%) . 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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