University of Oklahoma Norman Campus median real estate price is $273,204, which is more expensive than 70.0% of the neighborhoods in Oklahoma and 33.0% of the neighborhoods in the U.S.
The average rental price in University of Oklahoma Norman Campus is currently $1,721, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.4% of the neighborhoods in Oklahoma.
University of Oklahoma Norman Campus is a densely urban neighborhood (based on population density) located in Norman, Oklahoma.
University of Oklahoma Norman Campus real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the University of Oklahoma Norman Campus neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in University of Oklahoma Norman Campus. The current real estate vacancy rate here is 71.4%. This is higher than the rate of vacancies in 99.7% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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 University of Oklahoma Norman Campus neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, neighborhoodScout's analysis shows that the University of Oklahoma Norman Campus neighborhood has a greater concentration of residents currently enrolled in college than 100.0% of the neighborhoods in the U.S. With 99.4% of the population here attending college, this is very much a college-focused neighborhood.
Also, one of the really interesting characteristics about the University of Oklahoma Norman Campus neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.1% of college-friendly places to live in the state of Oklahoma.
There are more people living in the University of Oklahoma Norman Campus neighborhood employed as sales and service workers (34.0%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
100.0% of the real estate in the University of Oklahoma Norman Campus neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. Despite all of the residential real estate here in the University of Oklahoma Norman Campus neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 71.4%, which is higher than 99.7% of all U.S. neighborhoods.
In addition, one of the really unique and interesting things about the look and setting of the University of Oklahoma Norman Campus neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 71.4% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.3% of all neighborhoods in America.
Furthermore, the University of Oklahoma Norman Campus neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 82.1% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
In the University of Oklahoma Norman Campus neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 34.8% of residents here. This is a higher proportion of walking commuters than we found in 99.4% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the University of Oklahoma Norman Campus neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 70.8% 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 98.7% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the University of Oklahoma Norman Campus neighborhood. In the University of Oklahoma Norman Campus neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 100.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Did you know that the University of Oklahoma Norman Campus neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have Native American ancestry.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the University of Oklahoma Norman Campus neighborhood in Norman are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. 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.
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 University of Oklahoma Norman Campus neighborhood, 66.0% 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 17.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.2%), and 5.4% in manufacturing and laborer occupations.
Languages
The most common language spoken in the University of Oklahoma Norman Campus neighborhood is English, spoken by 92.1% of households. Some people also speak Spanish (3.2%).
Ethnicity / Ancestry
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 University of Oklahoma Norman Campus neighborhood in Norman, OK, residents most commonly identify their ethnicity or ancestry as German (13.4%). There are also a number of people of Irish ancestry (9.0%), and residents who report Mexican roots (4.2%), and some of the residents are also of Asian ancestry (3.9%), along with some Sub-Saharan African ancestry residents (2.9%), 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 University of Oklahoma Norman Campus neighborhood spend under 15 minutes commuting one-way to work (70.8% of working residents), one of the shortest commutes across America.
Here most residents (48.6%) 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 (34.8%) and 7.2% 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.
