Embry Riddle Aeronautical University median real estate price is $780,703, which is more expensive than 86.0% of the neighborhoods in Arizona and 82.5% of the neighborhoods in the U.S.
The average rental price in Embry Riddle Aeronautical University is currently $2,119, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 59.6% of Arizona neighborhoods.
Embry Riddle Aeronautical University is a rural neighborhood (based on population density) located in Prescott, Arizona.
Embry Riddle Aeronautical University real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Embry Riddle Aeronautical University neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Embry Riddle Aeronautical University has a 10.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.3% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (8.6%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.
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.
NeighborhoodScout's analysis shows that the Embry Riddle Aeronautical University neighborhood has a greater concentration of residents currently enrolled in college than 98.3% of the neighborhoods in the U.S. With 27.1% of the population here attending college, this is very much a college-focused neighborhood.
In addition, if you are planning to retire in Arizona, this neighborhood should be on your must-see list. For many reasons, Embry Riddle Aeronautical University may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Arizona, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 96.7% of neighborhoods in AZ. If a Arizona retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for college students.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Embry Riddle Aeronautical University neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 57.7% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 95.2% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Did you know that the Embry Riddle Aeronautical University neighborhood has more Croatian and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.0% of this neighborhood's residents have Croatian ancestry and 1.2% have Canadian ancestry.
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 Embry Riddle Aeronautical University neighborhood in Prescott are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 50.9% of the neighborhoods in America. With 25.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.6% 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 Embry Riddle Aeronautical University neighborhood, 37.8% 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 27.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.9%), and 10.5% in clerical, assistant, and tech support occupations.
The most common language spoken in the Embry Riddle Aeronautical University neighborhood is English, spoken by 92.4% of households. Some people also speak Spanish (3.9%).
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 Embry Riddle Aeronautical University neighborhood in Prescott, AZ, residents most commonly identify their ethnicity or ancestry as German (20.1%). There are also a number of people of English ancestry (19.5%), and residents who report Irish roots (14.9%), and some of the residents are also of Italian ancestry (5.3%), along with some Mexican ancestry residents (4.6%), among others.
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 Embry Riddle Aeronautical University neighborhood spend under 15 minutes commuting one-way to work (57.7% of working residents), one of the shortest commutes across America.
Here most residents (68.4%) 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 (10.0%) and 6.8% 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.