Altair at the Preserve / Boardwalk Place median real estate price is $465,146, which is more expensive than 88.8% of the neighborhoods in Missouri and 61.8% of the neighborhoods in the U.S.
The average rental price in Altair at the Preserve / Boardwalk Place is currently $2,036, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 86.6% of the neighborhoods in Missouri.
Altair at the Preserve / Boardwalk Place is a suburban neighborhood (based on population density) located in O'Fallon, Missouri.
Altair at the Preserve / Boardwalk Place 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 Altair at the Preserve / Boardwalk Place neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Altair at the Preserve / Boardwalk Place, the current vacancy rate is 1.8%, which is a lower rate of vacancies than 86.7% of all neighborhoods in the U.S. This means that the housing supply in Altair at the Preserve / Boardwalk Place is very tight compared to the demand for property here.
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 O'Fallon, the Altair at the Preserve / Boardwalk Place neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Of note is NeighborhoodScout's research finding that the Altair at the Preserve / Boardwalk Place 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 Altair at the Preserve / Boardwalk Place community truly stands out from the rest in this regard.
In addition, if you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Altair at the Preserve / Boardwalk Place neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 10.3% executive lifestyle neighborhoods in the state of Missouri.
Homes built from 2000 through today make up a higher proportion of the Altair at the Preserve / Boardwalk Place neighborhood's real estate landscape than 95.3% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 69.2% of the residential real estate here is classified as newer.
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 Altair at the Preserve / Boardwalk Place neighborhood in O'Fallon are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.7% 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.
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 Altair at the Preserve / Boardwalk Place neighborhood, 48.8% 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 23.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.9%), and 13.1% in clerical, assistant, and tech support occupations.
The most common language spoken in the Altair at the Preserve / Boardwalk Place neighborhood is English, spoken by 92.9% of households.
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 Altair at the Preserve / Boardwalk Place neighborhood in O'Fallon, MO, residents most commonly identify their ethnicity or ancestry as German (26.3%). There are also a number of people of English ancestry (15.2%), and residents who report Irish roots (13.5%), and some of the residents are also of Italian ancestry (12.8%), along with some Asian ancestry residents (6.6%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Altair at the Preserve / Boardwalk Place neighborhood spend between 15 and 30 minutes commuting one-way to work (34.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (77.8%) 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 (5.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.