Spinks Rd / S Valley Pkwy median real estate price is $31,940, which is less expensive than 99.6% of Texas neighborhoods and 99.6% of all U.S. neighborhoods.
The average rental price in Spinks Rd / S Valley Pkwy is currently $2,327, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.0% of the neighborhoods in Texas.
Spinks Rd / S Valley Pkwy is a suburban neighborhood (based on population density) located in Lewisville, Texas.
Spinks Rd / S Valley Pkwy 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 mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Spinks Rd / S Valley Pkwy neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Spinks Rd / S Valley Pkwy are 4.2%, which is lower than one will find in 69.6% of American neighborhoods. Demand for real estate in Spinks Rd / S Valley Pkwy is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 Spinks Rd / S Valley Pkwy neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If you like the look and ambience of new homes and newly built neighborhoods, you will love the Spinks Rd / S Valley Pkwy neighborhood. A whopping 91.5% 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 98.8% 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.
In addition, the real estate in the Spinks Rd / S Valley Pkwy neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 80.1% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.7% of American neighborhoods.
Furthermore, renter-occupied real estate is dominant in the Spinks Rd / S Valley Pkwy neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 88.1%, which is higher than 96.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
One of the most interesting things about the Spinks Rd / S Valley Pkwy neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 59.8% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 98.6% of the neighborhoods in America.
Did you know that the Spinks Rd / S Valley Pkwy neighborhood has more Native American and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have Native American ancestry and 8.1% have Puerto Rican ancestry.
Spinks Rd / S Valley Pkwy is also pretty special linguistically. Significantly, 3.3% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 98.0% 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 Spinks Rd / S Valley Pkwy neighborhood in Lewisville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 67.5% of U.S. neighborhoods. With 19.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 69.8% 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 Spinks Rd / S Valley Pkwy neighborhood, 39.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 23.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.3%), and 17.3% 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 Spinks Rd / S Valley Pkwy neighborhood is English, spoken by 61.0% of households. Other important languages spoken here include Spanish, Korean and Arabic.
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 Spinks Rd / S Valley Pkwy neighborhood in Lewisville, TX, residents most commonly identify their ethnicity or ancestry as Mexican (24.1%). There are also a number of people of Asian ancestry (8.6%), and residents who report Puerto Rican roots (8.1%), and some of the residents are also of German ancestry (6.4%), along with some English ancestry residents (4.3%), among others. In addition, 17.6% 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 Spinks Rd / S Valley Pkwy neighborhood spend between 30 and 45 minutes commuting one-way to work (32.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (57.6%) 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 (8.6%) and 6.9% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.