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Real Estate Prices & Overview

Island Oasis Park median real estate price is $426,383, which is more expensive than 86.7% of the neighborhoods in Nebraska and 58.1% of the neighborhoods in the U.S.

The average rental price in Island Oasis Park is currently $1,271, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.4% of Nebraska neighborhoods.

Island Oasis Park is a rural neighborhood (based on population density) located in Grand Island, Nebraska.

Island Oasis Park real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Island Oasis Park neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Island Oasis Park, the current vacancy rate is 1.2%, which is a lower rate of vacancies than 90.6% of all neighborhoods in the U.S. This means that the housing supply in Island Oasis Park is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Island Oasis Park neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Island Oasis Park neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 64.3% 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 97.4% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Modes of Transportation

While most Americans do drive to work alone each day, the Island Oasis Park neighborhood stands out by having 90.3% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 96.7% of all American neighborhoods.

People

If you're planning where to retire, the Island Oasis Park neighborhood in Grand Island is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in NE, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 88.4% of the neighborhoods in Nebraska. If you are considering retiring to Nebraska, this is a good neighborhood to look at.

Diversity

Did you know that the Island Oasis Park neighborhood has more Danish and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.4% of this neighborhood's residents have Danish ancestry and 5.1% have Swedish ancestry.

Island Oasis Park is also pretty special linguistically. Significantly, 6.2% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 95.3% of the neighborhoods in America.

The Neighbors

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 Island Oasis Park neighborhood in Grand Island are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 56.1% of the neighborhoods in America. In addition, 6.3% 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 60.5% of America'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 Island Oasis Park neighborhood, 50.9% 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 28.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.1%), and 7.3% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Island Oasis Park neighborhood is English, spoken by 96.4% of households. Other important languages spoken here include Polish and Spanish.

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 Island Oasis Park neighborhood in Grand Island, NE, residents most commonly identify their ethnicity or ancestry as German (35.8%). There are also a number of people of English ancestry (15.6%), and residents who report Irish roots (9.3%), and some of the residents are also of Polish ancestry (5.8%), along with some Swedish ancestry residents (5.1%), 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 Island Oasis Park neighborhood spend under 15 minutes commuting one-way to work (64.3% of working residents), one of the shortest commutes across America.

Here most residents (90.3%) 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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