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Real Estate Prices & Overview

Alsuma median real estate price is $191,549, which is more expensive than 44.9% of the neighborhoods in Oklahoma and 19.4% of the neighborhoods in the U.S.

The average rental price in Alsuma is currently $1,168, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.7% of Oklahoma neighborhoods.

Alsuma is a suburban neighborhood (based on population density) located in Tulsa, Oklahoma.

Alsuma 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 Alsuma 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 8.2% in Alsuma. NeighborhoodScout analysis shows that this rate is lower than 46.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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

The Alsuma 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 93.5% 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.

In addition, 89.8% of the real estate in the Alsuma neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Furthermore, the real estate in the Alsuma neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 73.0% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 95.6% of American neighborhoods.

People

The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 53.6%. This is a higher percent living alone than we found in 97.3% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

In addition, one of the unique characteristics of the Alsuma neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.9% of the neighborhoods in America.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Alsuma neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.6% of all American neighborhoods.

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 Alsuma neighborhood in Tulsa are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.9% of U.S. neighborhoods. With 41.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.2% of U.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 Alsuma neighborhood, 40.0% 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 manufacturing and laborer occupations, with 35.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.1%), and 8.5% in executive, management, and professional occupations.

Languages

The most common language spoken in the Alsuma neighborhood is Spanish, spoken by 51.8% of households. Some people also speak English (46.4%).

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 Alsuma neighborhood in Tulsa, OK, residents most commonly identify their ethnicity or ancestry as Mexican (43.1%). There are also a number of people of English ancestry (5.1%), and residents who report Irish roots (3.8%), and some of the residents are also of German ancestry (3.7%), along with some Italian ancestry residents (2.0%), among others. In addition, 26.2% 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 Alsuma neighborhood spend between 15 and 30 minutes commuting one-way to work (53.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (75.6%) 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 (16.8%) . 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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