Diamante median real estate price is $525,160, which is more expensive than 96.3% of the neighborhoods in Arkansas and 68.4% of the neighborhoods in the U.S.
The average rental price in Diamante is currently $2,140, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.8% of the neighborhoods in Arkansas.
Diamante is a remote neighborhood (based on population density) located in Hot Springs Village, Arkansas.
Diamante 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 Diamante neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Diamante has a 12.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 70.4% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 99.9% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Diamante neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
In addition, if you are planning to retire in Arkansas, this neighborhood should be on your must-see list. For many reasons, Diamante 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 Arkansas, 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 98.9% of neighborhoods in AR. If a Arkansas 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 families with school-aged children.
Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 15 residents per square mile, Diamante is less crowded than 95.8% of all U.S. neighborhoods. One of the notable things about Diamante is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.
In addition, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Diamante neighborhood. A whopping 80.8% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 97.6% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
Furthermore, real estate in the Diamante 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 95.9% 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.
In the Diamante neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 26.0% of commuters carpool here, which is more than in 97.6% of all U.S. neighborhoods.
Did you know that the Diamante neighborhood has more Welsh and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.1% of this neighborhood's residents have Welsh ancestry and 22.2% have English 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 Diamante neighborhood in Hot Springs Village are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 51.3% of the neighborhoods in America. With 52.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.7% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Diamante neighborhood, 37.1% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 31.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (25.3%), and 5.7% in clerical, assistant, and tech support occupations.
The most common language spoken in the Diamante neighborhood is English, spoken by 99.3% of households. Some people also speak Polish (2.7%).
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 Diamante neighborhood in Hot Springs Village, AR, residents most commonly identify their ethnicity or ancestry as English (22.2%). There are also a number of people of German ancestry (13.3%), and residents who report Irish roots (12.5%), and some of the residents are also of French ancestry (3.9%), along with some Dutch ancestry residents (3.6%), 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 Diamante neighborhood spend between 45 minutes and one hour commuting one-way to work (39.8% of working residents), longer and tougher than most commutes in America.
Here most residents (59.6%) 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 (26.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.