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Real Estate Prices & Overview

Brumley / Preston median real estate price is $243,131, which is more expensive than 65.1% of the neighborhoods in Arkansas and 29.2% of the neighborhoods in the U.S.

The average rental price in Brumley / Preston is currently $1,719, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.7% of the neighborhoods in Arkansas.

Brumley / Preston is a rural neighborhood (based on population density) located in Conway, Arkansas.

Brumley / Preston 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 Brumley / Preston neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Real estate vacancies in Brumley / Preston are 4.6%, which is lower than one will find in 69.1% of American neighborhoods. Demand for real estate in Brumley / Preston 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

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.

Diversity

Did you know that the Brumley / Preston neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have Native American 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 Brumley / Preston neighborhood in Conway are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 73.7% of U.S. neighborhoods. In addition, 9.6% 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 51.8% 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 Brumley / Preston neighborhood, 44.1% 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 27.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.3%), and 12.2% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Brumley / Preston neighborhood is English, spoken by 94.7% of households. Some people also speak Italian (2.0%).

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 Brumley / Preston neighborhood in Conway, AR, residents most commonly identify their ethnicity or ancestry as Irish (10.7%). There are also a number of people of English ancestry (9.6%), and residents who report German roots (7.6%), and some of the residents are also of Sub-Saharan African ancestry (3.3%), along with some Native American ancestry residents (2.8%), among others.

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 Brumley / Preston neighborhood spend under 15 minutes commuting one-way to work (48.9% of working residents), one of the shortest commutes across America.

Here most residents (82.9%) 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 (6.9%) . 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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