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Real Estate Prices & Overview

Vickery Place median real estate price is $1,210,168, which is more expensive than 98.7% of the neighborhoods in Texas and 94.2% of the neighborhoods in the U.S.

The average rental price in Vickery Place is currently $3,248, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.1% of the neighborhoods in Texas.

Vickery Place is an urban neighborhood (based on population density) located in Dallas, Texas.

Vickery Place 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 single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Vickery Place neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.

Vacant apartments or homes are a major fact of life in Vickery Place. The current real estate vacancy rate here is 15.0%. This is higher than the rate of vacancies in 80.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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.

People

Of note is NeighborhoodScout's research finding that the Vickery Place neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Vickery Place community truly stands out from the rest in this regard.

In addition, the rate of college educated adults in the Vickery Place neighborhood is a unique characteristic of the neighborhood. 87.0% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 35.7% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 99.3% of all U.S. neighborhoods.

Also, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Vickery Place neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 95.7% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Vickery Place neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for college students, highly educated executives and young, single professionals.

Occupations

The Vickery Place neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 98.0% of the neighborhoods in America. In fact, 77.0% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Diversity

Did you know that the Vickery Place neighborhood has more Croatian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.7% of this neighborhood's residents have Croatian ancestry.

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 Vickery Place neighborhood in Dallas are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 93.2% of the neighborhoods in America. 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.

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 Vickery Place neighborhood, 77.0% of the working population is employed in executive, management, and professional 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 18.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (3.5%).

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Vickery Place neighborhood is English, spoken by 94.7% of households. Other important languages spoken here include Italian, Polish and Spanish.

Ethnicity / Ancestry

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 Vickery Place neighborhood in Dallas, TX, residents most commonly identify their ethnicity or ancestry as Irish (16.7%). There are also a number of people of German ancestry (16.2%), and residents who report English roots (9.8%), and some of the residents are also of Mexican ancestry (8.4%), along with some Asian ancestry residents (6.2%), among others.

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 Vickery Place neighborhood spend between 15 and 30 minutes commuting one-way to work (63.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (58.8%) 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 (11.9%) . 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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