W Northwest Hwy / Lakefield Blvd median real estate price is $1,108,797, which is more expensive than 98.3% of the neighborhoods in Texas and 92.3% of the neighborhoods in the U.S.
The average rental price in W Northwest Hwy / Lakefield Blvd is currently $1,498, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 69.2% of Texas neighborhoods.
W Northwest Hwy / Lakefield Blvd is a densely urban neighborhood (based on population density) located in Dallas, Texas.
W Northwest Hwy / Lakefield Blvd 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 W Northwest Hwy / Lakefield Blvd 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 9.2% in W Northwest Hwy / Lakefield Blvd. NeighborhoodScout analysis shows that this rate is lower than 40.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
Our research shows that more people carpool to work here in the W Northwest Hwy / Lakefield Blvd (43.6%) than in 99.8% of the neighborhoods in America.
More people work in manufacturing and as laborers here in the W Northwest Hwy / Lakefield Blvd neighborhood than in 99.8% 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.
Renter-occupied real estate is dominant in the W Northwest Hwy / Lakefield Blvd neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 98.1%, which is higher than 98.7% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
In addition, the W Northwest Hwy / Lakefield Blvd 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 91.8% 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, most neighborhoods are composed of a mixture of ages of homes, but the W Northwest Hwy / Lakefield Blvd stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 88.7% of the residential real estate here was built in this one time period.
Also of note, the real estate in the W Northwest Hwy / Lakefield Blvd 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, 88.7% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.0% of American neighborhoods.
NeighborhoodScout's exclusive research revealed that 95.2% of the adult residents in the W Northwest Hwy / Lakefield Blvd neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.5% of the neighborhoods in America.
In addition, the W Northwest Hwy / Lakefield Blvd neighborhood has a greater percentage of children living in poverty (58.1%) than found in 96.6% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
American households most often have a car, and regularly they have two or three. But households in the W Northwest Hwy / Lakefield Blvd neighborhood buck this trend. 21.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.7% of U.S. neighborhoods.
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. What is interesting to note, is that the W Northwest Hwy / Lakefield Blvd neighborhood has a greater percentage of residents born in another country (48.1%) than are found in 97.0% of all U.S. neighborhoods.
Did you know that the W Northwest Hwy / Lakefield Blvd neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 53.8% of this neighborhood's residents have Mexican ancestry.
W Northwest Hwy / Lakefield Blvd is also pretty special linguistically. Significantly, 89.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.6% of all U.S. neighborhoods.
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 W Northwest Hwy / Lakefield Blvd neighborhood in Dallas are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.1% of U.S. neighborhoods. With 58.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.6% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the W Northwest Hwy / Lakefield Blvd neighborhood, 58.3% 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 33.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (5.8%), and 2.3% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the W Northwest Hwy / Lakefield Blvd neighborhood is Spanish, spoken by 89.9% of households. Some people also speak English (8.6%).
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 W Northwest Hwy / Lakefield Blvd neighborhood in Dallas, TX, residents most commonly identify their ethnicity or ancestry as Mexican (53.8%). There are also a number of people of Puerto Rican ancestry (5.7%), and residents who report Italian roots (2.0%), and some of the residents are also of South American ancestry (1.5%). In addition, 48.1% of the residents of this neighborhood were born in another country.
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 W Northwest Hwy / Lakefield Blvd neighborhood spend between 15 and 30 minutes commuting one-way to work (32.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (45.2%) 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 (43.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
