Las Colinas South median real estate price is $202,047, which is less expensive than 72.8% of Texas neighborhoods and 80.7% of all U.S. neighborhoods.
The average rental price in Las Colinas South is currently $2,471, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.6% of the neighborhoods in Texas.
Las Colinas South is a densely urban neighborhood (based on population density) located in Irving, Texas.
Las Colinas South 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 occupied by a mixture of owners and renters. Many of the residences in the Las Colinas South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Las Colinas South has a 12.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.7% 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 Irving, the Las Colinas South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Las Colinas South neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.4% of all American neighborhoods.
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 Las Colinas South neighborhood. What is interesting to note, is that the Las Colinas South neighborhood has a greater percentage of residents born in another country (44.8%) than are found in 95.8% of all U.S. neighborhoods.
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 Las Colinas South neighborhood in Irving are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 46.6% of the neighborhoods in America. With 15.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 62.8% of U.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 Las Colinas South neighborhood, 38.6% 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 executive, management, and professional occupations, with 36.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.2%), and 7.1% in clerical, assistant, and tech support 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 Las Colinas South neighborhood is English, spoken by 46.4% of households. Other important languages spoken here include Spanish and Langs. of India.
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 Las Colinas South neighborhood in Irving, TX, residents most commonly identify their ethnicity or ancestry as Mexican (36.2%). There are also a number of people of Asian ancestry (23.1%), and residents who report German roots (6.7%), and some of the residents are also of English ancestry (6.0%), along with some Irish ancestry residents (4.8%), among others. In addition, 44.8% of the residents of this neighborhood were born in another country.
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 Las Colinas South neighborhood spend between 15 and 30 minutes commuting one-way to work (41.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (73.4%) 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 (12.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.