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Real Estate Prices & Overview

N Flood Ave / Newton Dr median real estate price is $345,545, which is more expensive than 80.6% of the neighborhoods in Oklahoma and 45.8% of the neighborhoods in the U.S.

The average rental price in N Flood Ave / Newton Dr is currently $2,334, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.6% of the neighborhoods in Oklahoma.

N Flood Ave / Newton Dr is a rural neighborhood (based on population density) located in Norman, Oklahoma.

N Flood Ave / Newton Dr 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 owner occupied. Many of the residences in the N Flood Ave / Newton Dr neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

In N Flood Ave / Newton Dr, the current vacancy rate is 2.1%, which is a lower rate of vacancies than 86.1% of all neighborhoods in the U.S. This means that the housing supply in N Flood Ave / Newton Dr is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the N Flood Ave / Newton Dr neighborhood. A whopping 87.5% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 98.4% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

People

Of particular note, 5.2% of the people in the N Flood Ave / Newton Dr neighborhood currently reside in a correction facility, held due to punishment for a crime.

In addition, the N Flood Ave / Newton Dr neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 92.4% of Oklahoma neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state.

Diversity

Did you know that the N Flood Ave / Newton Dr neighborhood has more Iranian and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.6% of this neighborhood's residents have Iranian ancestry and 2.8% have British ancestry.

N Flood Ave / Newton Dr is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 96.8% of the neighborhoods in America.

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 N Flood Ave / Newton Dr neighborhood in Norman are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 76.0% of the neighborhoods in America. In addition, 1.6% 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 76.7% 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 N Flood Ave / Newton Dr neighborhood, 64.4% 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 23.1% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (11.2%), and 7.2% in manufacturing and laborer occupations.

Languages

The most common language spoken in the N Flood Ave / Newton Dr neighborhood is English, spoken by 79.8% of households. Some people also speak Spanish (12.0%).

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 N Flood Ave / Newton Dr neighborhood in Norman, OK, residents most commonly identify their ethnicity or ancestry as German (17.5%). There are also a number of people of English ancestry (11.5%), and residents who report Irish roots (6.2%), and some of the residents are also of Mexican ancestry (5.6%), along with some Asian ancestry residents (4.8%), among others. In addition, 11.2% 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 N Flood Ave / Newton Dr neighborhood spend under 15 minutes commuting one-way to work (37.6% of working residents), one of the shortest commutes across America.

Here most residents (76.8%) 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.


Real Estate includes:
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Economics & Demographics include:
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Race & Ethnic Diversity
Employment Industries & Occupations
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Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
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Schools include:
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