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Real Estate Prices & Overview

Parkway Center / Symphony Park median real estate price is $319,840, which is less expensive than 83.0% of Nevada neighborhoods and 56.8% of all U.S. neighborhoods.

The average rental price in Parkway Center / Symphony Park is currently $1,498, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 90.6% of Nevada neighborhoods.

Parkway Center / Symphony Park is a suburban neighborhood (based on population density) located in Las Vegas, Nevada.

Parkway Center / Symphony Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Parkway Center / Symphony Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Parkway Center / Symphony Park has a 13.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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.

People

One of the unique characteristics of the Parkway Center / Symphony Park neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 97.3% of the neighborhoods in America.

In addition, divorcees may find friendship and understanding in this neighborhood, as 20.6% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 96.3% of the neighborhoods in America.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 95.7% of U.S. neighborhoods.

Diversity

Did you know that the Parkway Center / Symphony Park neighborhood has more African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.5% of this neighborhood's residents have African 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 Parkway Center / Symphony Park neighborhood in Las Vegas are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.3% of U.S. neighborhoods. With 35.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.1% of U.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 Parkway Center / Symphony Park neighborhood, 37.4% 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 manufacturing and laborer occupations, with 32.8% of the residents employed. Other residents here are employed in executive, management, and professional occupations (20.5%), and 9.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Parkway Center / Symphony Park neighborhood is English, spoken by 61.8% of households. Some people also speak Spanish (36.2%).

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 Parkway Center / Symphony Park neighborhood in Las Vegas, NV, residents most commonly identify their ethnicity or ancestry as Mexican (40.1%). There are also a number of people of Sub-Saharan African ancestry (8.7%), and residents who report African roots (6.5%), and some of the residents are also of Irish ancestry (2.0%), along with some Dutch ancestry residents (1.3%), among others. In addition, 21.3% of the residents of this neighborhood were born in another country.

Getting to Work

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 Parkway Center / Symphony Park neighborhood spend between 15 and 30 minutes commuting one-way to work (36.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.9%) 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 (15.7%) and 11.5% of residents also ride the bus 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.


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