Palmcroft Estates median real estate price is $264,342, which is less expensive than 81.8% of Arizona neighborhoods and 67.8% of all U.S. neighborhoods.
The average rental price in Palmcroft Estates is currently $969, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.0% of Arizona neighborhoods.
Palmcroft Estates is a suburban neighborhood (based on population density) located in Yuma, Arizona.
Palmcroft Estates 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 Palmcroft Estates neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Palmcroft Estates has a 12.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.2% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (8.0%), 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.
It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Palmcroft Estates neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 10.2% of the workforce so employed, this neighborhood has a greater concentration of such workers than 99.0% of U.S. neighborhoods.
One of the unique characteristics of the Palmcroft Estates neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 97.7% of the neighborhoods in America.
In addition, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 51.1%. This is a higher percent living alone than we found in 96.2% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
Did you know that the Palmcroft Estates neighborhood has more Welsh and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.9% of this neighborhood's residents have Welsh ancestry and 1.5% have Canadian ancestry.
Palmcroft Estates is also pretty special linguistically. Significantly, 0.7% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 96.2% 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 Palmcroft Estates neighborhood in Yuma are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.7% of U.S. neighborhoods. With 14.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.3% 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 Palmcroft Estates neighborhood, 31.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 20.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.5%), and 18.1% in manufacturing and laborer occupations.
The most common language spoken in the Palmcroft Estates neighborhood is English, spoken by 57.7% of households. Some people also speak Spanish (40.6%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Palmcroft Estates neighborhood in Yuma, AZ, residents most commonly identify their ethnicity or ancestry as Mexican (57.9%). There are also a number of people of German ancestry (8.9%), and residents who report English roots (6.8%), and some of the residents are also of Irish ancestry (6.7%), along with some Dutch ancestry residents (3.5%), among others. In addition, 16.3% of the residents of this neighborhood were born in another country.
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 Palmcroft Estates neighborhood spend under 15 minutes commuting one-way to work (54.3% of working residents), one of the shortest commutes across America.
Here most residents (82.1%) 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 (8.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.