8/31/2023 0 Comments Wealthiest phoenix zip codeEach neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle. What we choose to do for a living reflects who we are. 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. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 94.9% of the neighborhoods in America. The neighbors in the Desert Ridge neighborhood in Phoenix are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. Equally important is the rate of people, particularly children, who live below the federal poverty line. 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. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children and urban sophisticates. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Arizona by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 98.5% of the neighborhoods in Arizona. Their upper-level careers keep them busy, but allow them to live comfortably. They own stately homes that tend to maintain high real estate appreciation rates. In addition, a majority of the adults in the Desert Ridge neighborhood are wealthy and educated executives. In a nation where approximately 1 in 4 children are living in poverty, the Desert Ridge community truly stands out from the rest in this regard. Of note is NeighborhoodScout's research finding that the Desert Ridge neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. NeighborhoodScout analysis shows that this rate is lower than 53.1% of the neighborhoods in the nation, approximately near the middle range for vacancies. Home and apartment vacancy rates are 7.4% in Desert Ridge. A number of residences were also built between 2000 and the present. Many of the residences in the Desert Ridge neighborhood are established but not old, having been built between 19. Most of the residential real estate is owner occupied. The average rental cost in this neighborhood is higher than 97.5% of the neighborhoods in Arizona.ĭesert Ridge is an urban neighborhood (based on population density) located in Phoenix, Arizona.ĭesert Ridge real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. The average rental price in Desert Ridge is currently $5,122, based on NeighborhoodScout's exclusive analysis. If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)ĭesert Ridge median real estate price is $711,308, which is more expensive than 91.6% of the neighborhoods in Arizona and 86.3% of the neighborhoods in the U.S. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas. Because census tracts are based on population, they vary in size depending on the density of settlement. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.Ĭensus tracts are small, relatively permanent subdivisions of a county that are defined by the U.S.
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