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Real Estate Prices & Overview

McAlister Parkway median real estate price is $179,406, which is more expensive than 40.8% of the neighborhoods in Kansas and 18.8% of the neighborhoods in the U.S.

The average rental price in McAlister Parkway is currently $1,642, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.5% of the neighborhoods in Kansas.

McAlister Parkway is a suburban neighborhood (based on population density) located in Topeka, Kansas.

McAlister Parkway 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 McAlister Parkway neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in McAlister Parkway are 4.5%, which is lower than one will find in 70.0% of American neighborhoods. Demand for real estate in McAlister Parkway is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Topeka, the McAlister Parkway neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the McAlister Parkway neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 15.2% of its workforce, this neighborhood has a greater concentration of government workers than 97.3% of U.S. neighborhoods.

Diversity

Did you know that the McAlister Parkway neighborhood has more English and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 30.0% of this neighborhood's residents have English ancestry and 1.8% have Ukrainian ancestry.

The Neighbors

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 McAlister Parkway neighborhood in Topeka are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 41.1% of the neighborhoods in America. In addition, 4.7% 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 65.7% 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 McAlister Parkway neighborhood, 35.4% 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 29.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.3%), and 15.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the McAlister Parkway neighborhood is English, spoken by 96.7% of households. Some people also speak Spanish (2.9%).

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 McAlister Parkway neighborhood in Topeka, KS, residents most commonly identify their ethnicity or ancestry as English (30.0%). There are also a number of people of German ancestry (16.2%), and residents who report Mexican roots (13.0%), and some of the residents are also of Irish ancestry (11.4%), along with some Ukrainian ancestry residents (1.8%), among others.

Getting to Work

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 McAlister Parkway neighborhood spend under 15 minutes commuting one-way to work (52.0% of working residents), one of the shortest commutes across America.

Here most residents (84.6%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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