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Real Estate Prices & Overview

Owenwood / Dolphin Heights median real estate price is $163,488, which is less expensive than 82.3% of Texas neighborhoods and 87.2% of all U.S. neighborhoods.

The average rental price in Owenwood / Dolphin Heights is currently $1,504, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 68.3% of Texas neighborhoods.

Owenwood / Dolphin Heights is a suburban neighborhood (based on population density) located in Dallas, Texas.

Owenwood / Dolphin Heights real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Owenwood / Dolphin Heights neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

Home and apartment vacancy rates are 9.0% in Owenwood / Dolphin Heights. NeighborhoodScout analysis shows that this rate is lower than 40.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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.

Modes of Transportation

Our research shows that more people carpool to work here in the Owenwood / Dolphin Heights (28.1%) than in 98.2% of the neighborhoods in America.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Owenwood / Dolphin Heights neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 34.9% of the households here have four, five, or more cars. That is more cars per household than in 96.0% of the neighborhoods in the nation.

Diversity

Did you know that the Owenwood / Dolphin Heights neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 68.6% of this neighborhood's residents have Mexican ancestry.

Owenwood / Dolphin Heights is also pretty special linguistically. Significantly, 70.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.5% of all U.S. neighborhoods.

The Neighbors

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 Owenwood / Dolphin Heights 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 82.6% of U.S. neighborhoods. In addition, 1.5% 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 76.6% of America'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 Owenwood / Dolphin Heights neighborhood, 36.6% 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 35.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.1%), and 10.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Owenwood / Dolphin Heights neighborhood is Spanish, spoken by 70.0% of households. Some people also speak English (29.2%).

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 Owenwood / Dolphin Heights neighborhood in Dallas, TX, residents most commonly identify their ethnicity or ancestry as Mexican (68.6%). In addition, 39.7% of the residents of this neighborhood were born in another country.

Getting to Work

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 Owenwood / Dolphin Heights neighborhood spend between 15 and 30 minutes commuting one-way to work (34.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (67.9%) 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 (28.1%) . 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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