Lakeside / Texas A & M International University median real estate price is $444,066, which is more expensive than 73.9% of the neighborhoods in Texas and 57.1% of the neighborhoods in the U.S.
The average rental price in Lakeside / Texas A & M International University is currently $1,473, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.8% of Texas neighborhoods.
Lakeside / Texas A & M International University is a rural neighborhood (based on population density) located in Laredo, Texas.
Lakeside / Texas A & M International University real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Lakeside / Texas A & M International University neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 6.4% in Lakeside / Texas A & M International University. NeighborhoodScout analysis shows that this rate is lower than 55.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
NeighborhoodScout's analysis shows that the Lakeside / Texas A & M International University neighborhood has a greater concentration of residents currently enrolled in college than 98.0% of the neighborhoods in the U.S. With 21.4% of the population here attending college, this is very much a college-focused neighborhood.
In addition, of particular note, 2.6% of the people in the Lakeside / Texas A & M International University neighborhood currently reside in a correction facility, held due to punishment for a crime.
Also, if you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Lakeside / Texas A & M International University neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 10.5% executive lifestyle neighborhoods in the state of Texas. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children and college students.
The Lakeside / Texas A & M International University neighborhood has a greater proportion of government workers living in it than 97.7% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.
If you like the look and ambience of new homes and newly built neighborhoods, you will love the Lakeside / Texas A & M International University neighborhood. A whopping 81.0% 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 97.2% of the neighborhoods in the U.S. Everything here just feels new. 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.
Our research reveals that 87.3% of commuters who live in the Lakeside / Texas A & M International University neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 95.2% of U.S. neighborhoods.
Did you know that the Lakeside / Texas A & M International University neighborhood has more Mexican and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 75.8% of this neighborhood's residents have Mexican ancestry and 0.9% have Austrian ancestry.
Lakeside / Texas A & M International University is also pretty special linguistically. Significantly, 75.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.2% 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 Lakeside / Texas A & M International University neighborhood in Laredo 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 90.8% of the neighborhoods in America. In addition, 8.4% 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 53.6% 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 Lakeside / Texas A & M International University neighborhood, 54.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 20.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.9%), and 16.0% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Lakeside / Texas A & M International University neighborhood is Spanish, spoken by 75.2% of households. Some people also speak English (21.0%).
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 Lakeside / Texas A & M International University neighborhood in Laredo, TX, residents most commonly identify their ethnicity or ancestry as Mexican (75.8%). There are also a number of people of Spanish ancestry (6.9%), and residents who report German roots (2.2%), and some of the residents are also of Asian ancestry (1.8%), along with some South American ancestry residents (1.1%), among others. In addition, 21.9% 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 Lakeside / Texas A & M International University neighborhood spend between 15 and 30 minutes commuting one-way to work (53.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (87.3%) 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 (8.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.