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Real Estate Prices & Overview

Shady Oaks Dr / S Woodrow Ln median real estate price is $324,292, which is more expensive than 57.4% of the neighborhoods in Texas and 41.4% of the neighborhoods in the U.S.

The average rental price in Shady Oaks Dr / S Woodrow Ln is currently $1,878, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.8% of Texas neighborhoods.

Shady Oaks Dr / S Woodrow Ln is a suburban neighborhood (based on population density) located in Denton, Texas.

Shady Oaks Dr / S Woodrow Ln 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 Shady Oaks Dr / S Woodrow Ln 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.

In Shady Oaks Dr / S Woodrow Ln, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 80.9% of all neighborhoods in the U.S. This means that the housing supply in Shady Oaks Dr / S Woodrow Ln is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 Denton, the Shady Oaks Dr / S Woodrow Ln neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

100.0% of the real estate in the Shady Oaks Dr / S Woodrow Ln neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

People

Shady Oaks Dr / S Woodrow Ln has the amazing distinction of housing more same sex couples living together than 98.5% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

In addition, an extraordinary 11.5% of the residents of the Shady Oaks Dr / S Woodrow Ln neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Diversity

Significantly, 4.6% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 98.1% of the neighborhoods in America.

Migration / Stability

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 Shady Oaks Dr / S Woodrow Ln neighborhood. In the Shady Oaks Dr / S Woodrow Ln neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

The Neighbors

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 Shady Oaks Dr / S Woodrow Ln neighborhood in Denton are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.0% of U.S. neighborhoods. With 40.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.8% 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 Shady Oaks Dr / S Woodrow Ln neighborhood, 33.0% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 27.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.8%), and 18.8% in executive, management, and professional occupations.

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 Shady Oaks Dr / S Woodrow Ln neighborhood is English, spoken by 73.5% of households. Other important languages spoken here include Spanish, Italian, Arabic and African languages.

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 Shady Oaks Dr / S Woodrow Ln neighborhood in Denton, TX, residents most commonly identify their ethnicity or ancestry as Mexican (15.9%). There are also a number of people of Irish ancestry (8.6%), and residents who report German roots (7.6%), and some of the residents are also of Puerto Rican ancestry (7.3%), along with some Italian ancestry residents (3.4%), among others.

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 Shady Oaks Dr / S Woodrow Ln neighborhood spend under 15 minutes commuting one-way to work (37.7% of working residents), one of the shortest commutes across America.

Here most residents (78.5%) 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 (6.9%) and 5.8% of residents also hop out the door and walk to work for their daily commute. 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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