Grissom Ln / Indian Trl median real estate price is $831,137, which is more expensive than 95.9% of the neighborhoods in Texas and 86.0% of the neighborhoods in the U.S.
The average rental price in Grissom Ln / Indian Trl is currently $1,914, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.9% of the neighborhoods in Texas.
Grissom Ln / Indian Trl is an urban neighborhood (based on population density) located in Dallas, Texas.
Grissom Ln / Indian Trl 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 Grissom Ln / Indian Trl neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Grissom Ln / Indian Trl has a 11.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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 Dallas, the Grissom Ln / Indian Trl neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In the Grissom Ln / Indian Trl neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 45.3% of commuters carpool here, which is more than in 99.9% of all U.S. neighborhoods.
More people work in manufacturing and as laborers here in the Grissom Ln / Indian Trl neighborhood than in 99.7% 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, there are more people living in the Grissom Ln / Indian Trl neighborhood employed as sales and service workers (62.6%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
100.0% of the real estate in the Grissom Ln / Indian Trl neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
In addition, the Grissom Ln / Indian Trl 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 93.8% 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, one of the really unique and interesting things about the look and setting of the Grissom Ln / Indian Trl neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 81.9% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 97.0% of all neighborhoods in America.
The Grissom Ln / Indian Trl neighborhood is unique for having just 6.4% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 96.4% of America's neighborhoods.
Significantly, 94.7% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.9% of all U.S. neighborhoods.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Grissom Ln / Indian Trl neighborhood. What is interesting to note, is that the Grissom Ln / Indian Trl neighborhood has a greater percentage of residents born in another country (69.5%) than are found in 99.7% of all U.S. neighborhoods.
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 Grissom Ln / Indian Trl neighborhood in Dallas are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.5% of U.S. neighborhoods. With 26.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.9% of U.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 Grissom Ln / Indian Trl neighborhood, 57.2% of the working population is employed in manufacturing and laborer 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 37.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (3.9%).
The most common language spoken in the Grissom Ln / Indian Trl neighborhood is Spanish, spoken by 94.7% of households. Some people also speak English (5.3%).
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 Grissom Ln / Indian Trl neighborhood in Dallas, TX, residents most commonly identify their ethnicity or ancestry as Mexican (40.1%). There are also a number of people of Cuban ancestry (2.0%). In addition, 69.5% of the residents of this neighborhood were born in another country.
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 Grissom Ln / Indian Trl neighborhood spend between 15 and 30 minutes commuting one-way to work (39.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (48.3%) 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 (45.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.