Mineral Wells Southeast median real estate price is $195,811, which is less expensive than 74.4% of Texas neighborhoods and 81.8% of all U.S. neighborhoods.
The average rental price in Mineral Wells Southeast is currently $1,641, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 57.4% of Texas neighborhoods.
Mineral Wells Southeast is a suburban neighborhood (based on population density) located in Mineral Wells, Texas.
Mineral Wells Southeast real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Mineral Wells Southeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Mineral Wells Southeast are 5.2%, which is lower than one will find in 62.9% of American neighborhoods. Demand for real estate in Mineral Wells Southeast 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 Mineral Wells, the Mineral Wells Southeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Mineral Wells Southeast neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Mineral Wells Southeast neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.0% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 95.6% of all neighborhoods in America.
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 Mineral Wells Southeast neighborhood in Mineral Wells are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 74.1% of U.S. neighborhoods. With 30.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.9% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Mineral Wells Southeast neighborhood, 39.9% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 24.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.8%), and 15.5% in clerical, assistant, and tech support occupations.
The most common language spoken in the Mineral Wells Southeast neighborhood is English, spoken by 81.4% of households. Some people also speak Spanish (18.6%).
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 Mineral Wells Southeast neighborhood in Mineral Wells, TX, residents most commonly identify their ethnicity or ancestry as Mexican (25.8%). There are also a number of people of German ancestry (7.7%), and residents who report English roots (7.0%), and some of the residents are also of Irish ancestry (6.6%), along with some Asian ancestry residents (1.6%), among others.
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 Mineral Wells Southeast neighborhood spend under 15 minutes commuting one-way to work (48.0% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (10.0%) who commute over an hour in each direction.
Here most residents (83.6%) 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 (13.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.