Railroad Park median real estate price is $55,364, which is less expensive than 96.5% of Texas neighborhoods and 97.4% of all U.S. neighborhoods.
The average rental price in Railroad Park is currently $2,323, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 77.8% of the neighborhoods in Texas.
Railroad Park is a rural neighborhood (based on population density) located in Lewisville, Texas.
Railroad Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) mobile homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Railroad Park 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.
Home and apartment vacancy rates are 6.8% in Railroad Park. NeighborhoodScout analysis shows that this rate is lower than 54.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Lewisville, the Railroad Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The real estate in this neighborhood consists of more mobile homes than 98.8% of all neighborhoods in America, with 47.8% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.
In the Railroad Park neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 23.7% of commuters carpool here, which is more than in 96.3% of all U.S. neighborhoods.
Did you know that the Railroad Park neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 59.1% of this neighborhood's residents have Mexican ancestry.
Railroad Park is also pretty special linguistically. Significantly, 59.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.7% 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 Railroad Park neighborhood in Lewisville are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 56.6% of the neighborhoods in America. In addition, 6.6% 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 59.8% 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 Railroad Park neighborhood, 37.6% 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 manufacturing and laborer occupations, with 29.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.2%), and 16.2% in executive, management, and professional occupations.
The most common language spoken in the Railroad Park neighborhood is Spanish, spoken by 59.8% of households. Some people also speak English (37.0%).
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 Railroad Park neighborhood in Lewisville, TX, residents most commonly identify their ethnicity or ancestry as Mexican (59.1%). There are also a number of people of Irish ancestry (7.5%), and residents who report German roots (5.3%), and some of the residents are also of English ancestry (2.3%), along with some Scottish ancestry residents (2.2%), among others. In addition, 18.5% 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 Railroad Park neighborhood spend between 15 and 30 minutes commuting one-way to work (35.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (73.7%) 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 (23.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.