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Real Estate Prices & Overview

Cypress Gardens median real estate price is $350,800, which is more expensive than 33.8% of the neighborhoods in Arizona and 49.0% of the neighborhoods in the U.S.

The average rental price in Cypress Gardens is currently $1,933, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 68.1% of Arizona neighborhoods.

Cypress Gardens is a densely urban neighborhood (based on population density) located in Phoenix, Arizona.

Cypress Gardens real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Cypress Gardens 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.

Home and apartment vacancy rates are 8.9% in Cypress Gardens. NeighborhoodScout analysis shows that this rate is lower than 43.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Modes of Transportation

In the Cypress Gardens neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 31.4% of commuters carpool here, which is more than in 99.1% of all U.S. neighborhoods.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Cypress Gardens neighborhood has more single mother households than 96.9% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Real Estate

89.7% of the real estate in the Cypress Gardens neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, the Cypress Gardens neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 84.5% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Furthermore, if you like crowded places, then you will probably enjoy the the Cypress Gardens neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.0% of neighborhoods in the U.S., with 20,559 people per square mile living here.

Diversity

Did you know that the Cypress Gardens neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 55.3% of this neighborhood's residents have Mexican ancestry.

Cypress Gardens is also pretty special linguistically. Significantly, 61.7% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.0% of all U.S. neighborhoods.

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 Cypress Gardens neighborhood in Phoenix are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.8% of U.S. neighborhoods. With 46.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.6% of U.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 Cypress Gardens neighborhood, 36.1% 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 clerical, assistant, and tech support occupations, with 27.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.0%), and 15.7% in executive, management, and professional 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 Cypress Gardens neighborhood is Spanish, spoken by 61.7% of households. Other important languages spoken here include English and French.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Cypress Gardens neighborhood in Phoenix, AZ, residents most commonly identify their ethnicity or ancestry as Mexican (55.3%). There are also a number of people of Italian ancestry (2.8%), and residents who report Irish roots (1.7%), and some of the residents are also of Cuban ancestry (1.4%), along with some German ancestry residents (1.2%), among others. In addition, 30.4% 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 Cypress Gardens neighborhood spend between 15 and 30 minutes commuting one-way to work (50.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (63.4%) 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 (31.4%) . 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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