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Real Estate Prices & Overview

Tr Proctor Park median real estate price is $331,158, which is less expensive than 71.9% of New York neighborhoods and 56.3% of all U.S. neighborhoods.

The average rental price in Tr Proctor Park is currently $6,233, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.9% of the neighborhoods in New York.

Tr Proctor Park is a rural neighborhood (based on population density) located in Utica, New York.

Tr Proctor Park 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 Tr Proctor Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In Tr Proctor Park, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Tr Proctor Park is very tight compared to the demand for property here.

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 Utica, the Tr Proctor Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Tr Proctor Park neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

People

Of note is NeighborhoodScout's research finding that the Tr Proctor Park neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Tr Proctor Park community truly stands out from the rest in this regard.

In addition, if you are planning to retire in New York, this neighborhood should be on your must-see list. For many reasons, Tr Proctor Park may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in New York, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.5% of neighborhoods in NY. If a New York retirement is in your future, this neighborhood should be one of the places you visit.

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 Tr Proctor Park neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Tr Proctor 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 97.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the Tr Proctor Park neighborhood has more Italian and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 38.0% of this neighborhood's residents have Italian ancestry and 2.8% 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 Tr Proctor Park neighborhood in Utica are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.2% of the neighborhoods in America. 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.

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 Tr Proctor Park neighborhood, 43.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 27.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.7%), and 14.1% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Tr Proctor Park neighborhood is English, spoken by 89.2% of households. Some people also speak Italian (3.4%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Tr Proctor Park neighborhood in Utica, NY, residents most commonly identify their ethnicity or ancestry as Italian (38.0%). There are also a number of people of Irish ancestry (5.6%), and residents who report German roots (3.5%), and some of the residents are also of Puerto Rican ancestry (3.5%), along with some Ukrainian ancestry residents (2.8%), among others. In addition, 12.3% 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 Tr Proctor 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 (72.4%) 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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