Trace Ridge / Coventry Hills median real estate price is $338,815, which is more expensive than 60.1% of the neighborhoods in Texas and 43.9% of the neighborhoods in the U.S.
The average rental price in Trace Ridge / Coventry Hills is currently $2,389, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.3% of the neighborhoods in Texas.
Trace Ridge / Coventry Hills is an urban neighborhood (based on population density) located in Fort Worth, Texas.
Trace Ridge / Coventry Hills 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 owner occupied. Many of the residences in the Trace Ridge / Coventry Hills neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Trace Ridge / Coventry Hills has a 10.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.4% 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 Fort Worth, the Trace Ridge / Coventry Hills neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In a nation where 1 out of every 4 children lives in poverty, the Trace Ridge / Coventry Hills neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
There are more people living in the Trace Ridge / Coventry Hills neighborhood employed as sales and service workers (63.0%) 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.
If you like the look and ambience of new homes and newly built neighborhoods, you will love the Trace Ridge / Coventry Hills neighborhood. A whopping 70.1% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.1% of the neighborhoods in the U.S. Everything here just feels new.
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 Trace Ridge / Coventry Hills neighborhood in Fort Worth 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 88.7% 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 Trace Ridge / Coventry Hills neighborhood, 37.2% 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 37.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.0%), and 10.8% in manufacturing and laborer occupations.
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 Trace Ridge / Coventry Hills neighborhood is English, spoken by 90.9% of households. Other important languages spoken here include Langs. of India and Polish.
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 Trace Ridge / Coventry Hills neighborhood in Fort Worth, TX, residents most commonly identify their ethnicity or ancestry as English (8.5%). There are also a number of people of Mexican ancestry (8.1%), and residents who report German roots (7.0%), and some of the residents are also of Asian ancestry (5.7%), along with some Italian ancestry residents (5.4%), among others. In addition, 10.4% 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 Trace Ridge / Coventry Hills neighborhood spend between 30 and 45 minutes commuting one-way to work (51.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (74.4%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.