Co Rd 318 / FM 3522 median real estate price is $222,600, which is more expensive than 35.2% of the neighborhoods in Texas and 25.3% of the neighborhoods in the U.S.
Average rental prices in the Co Rd 318 / FM 3522 neighborhood are currently unreported, based on NeighborhoodScout's exclusive analysis.
Co Rd 318 / FM 3522 is a suburban neighborhood (based on population density) located in Abilene, Texas.
Co Rd 318 / FM 3522 real estate is primarily made up of . Most of the residential real estate is renter occupied. Many of the residences in the Co Rd 318 / FM 3522 neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.
In Co Rd 318 / FM 3522, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Co Rd 318 / FM 3522 is very tight compared to the demand for property here.
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.
With a real estate vacancy rate of only 0.0%, the Co Rd 318 / FM 3522 neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
In a nation where 1 out of every 4 children lives in poverty, the Co Rd 318 / FM 3522 neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, an interesting characteristic about the Co Rd 318 / FM 3522 neighborhood is that there are more incarcerated people living here than 99.9% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.
Also, neighborhoodScout's exclusive research revealed that 97.9% of the adult residents in the Co Rd 318 / FM 3522 neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 98.6% of the neighborhoods in America.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Co Rd 318 / FM 3522 neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.9% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Co Rd 318 / FM 3522 neighborhood in Abilene are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. 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 Co Rd 318 / FM 3522 neighborhood, 0.0% of the working population is employed in clerical, assistant, and tech support occupations.
The most common language spoken in the Co Rd 318 / FM 3522 neighborhood is English, spoken by 73.2% of households. Some people also speak Spanish (24.7%).
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 Co Rd 318 / FM 3522 neighborhood in Abilene, TX, residents most commonly identify their ethnicity or ancestry as Mexican (26.7%). There are also a number of people of Irish ancestry (9.2%), and residents who report German roots (6.2%), and some of the residents are also of Sub-Saharan African ancestry (4.2%), along with some English ancestry residents (3.8%), 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 Co Rd 318 / FM 3522 neighborhood spend longer than one hour commuting one-way to work (0.0% of working residents), one of the longer commutes in America, which is a potential downside for residents of this neighborhood.
Here most residents (0.0%) ride a ferry to get to work. This neighborhood has a very special commuting pattern because ferries provide the most common means of getting to work.