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Real Estate Prices & Overview

Cessna / Prospect Park median real estate price is $243,308, which is more expensive than 53.8% of the neighborhoods in Kansas and 27.4% of the neighborhoods in the U.S.

The average rental price in Cessna / Prospect Park is currently $1,780, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 78.6% of the neighborhoods in Kansas.

Cessna / Prospect Park is a rural neighborhood (based on population density) located in Wichita, Kansas.

Cessna / Prospect Park real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Cessna / Prospect Park 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 Cessna / Prospect Park are 3.8%, which is lower than one will find in 73.4% of American neighborhoods. Demand for real estate in Cessna / Prospect Park 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

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 Wichita, the Cessna / Prospect Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

More people work in manufacturing and as laborers here in the Cessna / Prospect Park neighborhood than in 96.0% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Furthermore, with 1.8% of employed workers living in the Cessna / Prospect Park neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.6% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Modes of Transportation

Our research shows that more people carpool to work here in the Cessna / Prospect Park (22.8%) than in 95.4% of the neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Cessna / Prospect Park neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 33.4% of the households here have four, five, or more cars. That is more cars per household than in 95.2% of the neighborhoods in the nation.

Diversity

Did you know that the Cessna / Prospect Park neighborhood has more Swiss and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.9% of this neighborhood's residents have Swiss ancestry and 3.9% have Dutch ancestry.

Cessna / Prospect Park is also pretty special linguistically. Significantly, 4.1% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.

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 Cessna / Prospect Park neighborhood in Wichita are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 69.5% of the neighborhoods in America. In addition, 6.1% 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 60.7% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Cessna / Prospect Park neighborhood, 42.7% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 33.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (12.6%), and 11.5% in clerical, assistant, and tech support 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 Cessna / Prospect Park neighborhood is English, spoken by 90.2% of households. Other important languages spoken here include Mon-Khmer (the dominant language of Cambodia) and Spanish.

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 Cessna / Prospect Park neighborhood in Wichita, KS, residents most commonly identify their ethnicity or ancestry as German (27.6%). There are also a number of people of Irish ancestry (16.0%), and residents who report Asian roots (9.7%), and some of the residents are also of English ancestry (9.0%), along with some French ancestry residents (6.2%), among others. In addition, 10.6% 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 Cessna / Prospect Park neighborhood spend between 15 and 30 minutes commuting one-way to work (57.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (68.8%) 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 (22.8%) . 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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