Frisco Lakes By Del Webb median real estate price is $517,350, which is more expensive than 83.5% of the neighborhoods in Texas and 66.7% of the neighborhoods in the U.S.
The average rental price in Frisco Lakes By Del Webb is currently $3,288, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.3% of the neighborhoods in Texas.
Frisco Lakes By Del Webb is a suburban neighborhood (based on population density) located in Frisco, Texas.
Frisco Lakes By Del Webb real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Frisco Lakes By Del Webb neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Frisco Lakes By Del Webb, the current vacancy rate is 2.0%, which is a lower rate of vacancies than 85.4% of all neighborhoods in the U.S. This means that the housing supply in Frisco Lakes By Del Webb is very tight compared to the demand for property here.
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.
Of note is NeighborhoodScout's research finding that the Frisco Lakes By Del Webb 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 Frisco Lakes By Del Webb community truly stands out from the rest in this regard.
In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 98.5% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Frisco Lakes By Del Webb neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
Also, if you are planning to retire in Texas, this neighborhood should be on your must-see list. For many reasons, Frisco Lakes By Del Webb may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Texas, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.3% of neighborhoods in TX. If a Texas retirement is in your future, this neighborhood should be one of the places you visit.
Homes built from 2000 through today make up a higher proportion of the Frisco Lakes By Del Webb neighborhood's real estate landscape than 99.9% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 98.2% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
In addition, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Frisco Lakes By Del Webb neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 98.9% of all American neighborhoods.
Furthermore, real estate in the Frisco Lakes By Del Webb neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 96.0% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.
In the Frisco Lakes By Del Webb neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 50.5% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 99.8% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Also, more people in Frisco Lakes By Del Webb choose to walk to work each day (10.6%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Did you know that the Frisco Lakes By Del Webb neighborhood has more British and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.5% of this neighborhood's residents have British ancestry and 28.9% have English ancestry.
Frisco Lakes By Del Webb is also pretty special linguistically. Significantly, 4.5% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 98.9% of the neighborhoods in America.
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 Frisco Lakes By Del Webb neighborhood in Frisco are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 64.6% 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.
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 Frisco Lakes By Del Webb neighborhood, 68.0% 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 21.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.1%), and 3.3% in government jobs, whether they are in local, state, or federal positions.
Languages
The most common language spoken in the Frisco Lakes By Del Webb neighborhood is English, spoken by 92.7% of households. Some people also speak German/Yiddish (4.5%).
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 Frisco Lakes By Del Webb neighborhood in Frisco, TX, residents most commonly identify their ethnicity or ancestry as English (28.9%). There are also a number of people of German ancestry (26.0%), and residents who report Irish roots (11.3%), and some of the residents are also of Italian ancestry (4.2%), along with some British ancestry residents (3.5%), among others.
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 Frisco Lakes By Del Webb neighborhood spend between 30 and 45 minutes commuting one-way to work (37.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (38.9%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (10.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
