Burgundy Hill / Parkside median real estate price is $486,010, which is more expensive than 59.7% of the neighborhoods in Arizona and 64.7% of the neighborhoods in the U.S.
The average rental price in Burgundy Hill / Parkside is currently $2,961, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.9% of the neighborhoods in Arizona.
Burgundy Hill / Parkside is an urban neighborhood (based on population density) located in Phoenix, Arizona.
Burgundy Hill / Parkside real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Burgundy Hill / Parkside 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.
Real estate vacancies in Burgundy Hill / Parkside are 6.0%, which is lower than one will find in 60.0% of American neighborhoods. Demand for real estate in Burgundy Hill / Parkside 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.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
In a nation where 1 out of every 4 children lives in poverty, the Burgundy Hill / Parkside neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
Most neighborhoods are composed of a mixture of ages of homes, but the Burgundy Hill / Parkside 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, 96.1% of the residential real estate here was built in this one time period.
Did you know that the Burgundy Hill / Parkside neighborhood has more Welsh and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have Welsh ancestry and 4.2% have Swedish ancestry.
Burgundy Hill / Parkside is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 97.1% of the neighborhoods in America.
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 Burgundy Hill / Parkside neighborhood in Phoenix are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.7% 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 Burgundy Hill / Parkside neighborhood, 48.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 16.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.3%), and 16.3% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Burgundy Hill / Parkside neighborhood is English, spoken by 92.8% of households. Some people also speak Spanish (5.5%).
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 Burgundy Hill / Parkside neighborhood in Phoenix, AZ, residents most commonly identify their ethnicity or ancestry as German (22.9%). There are also a number of people of English ancestry (14.6%), and residents who report Mexican roots (14.6%), and some of the residents are also of Irish ancestry (12.1%), along with some Polish ancestry residents (6.6%), 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 Burgundy Hill / Parkside neighborhood spend between 15 and 30 minutes commuting one-way to work (60.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (72.0%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.