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Real Estate Prices & Overview

Park Village median real estate price is $225,550, which is more expensive than 33.2% of the neighborhoods in Texas and 23.9% of the neighborhoods in the U.S.

The average rental price in Park Village is currently $1,110, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.0% of Texas neighborhoods.

Park Village is a suburban neighborhood (based on population density) located in San Antonio, Texas.

Park Village 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 single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Park Village 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.

In Park Village, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 80.8% of all neighborhoods in the U.S. This means that the housing supply in Park Village is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 San Antonio, the Park Village neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

NeighborhoodScout's exclusive research revealed that 96.8% of the adult residents in the Park Village neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 98.4% of the neighborhoods in America.

In addition, the Park Village neighborhood stands out for having an average per capita income lower than 96.4% of the neighborhoods in the United States.

Occupations

With 2.4% of employed workers living in the Park Village neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 96.7% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 96.2% of U.S. neighborhoods.

Diversity

Did you know that the Park Village neighborhood has more Scots-Irish and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.9% of this neighborhood's residents have Scots-Irish ancestry and 0.5% have Yugoslav ancestry.

The Neighbors

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 Park Village neighborhood in San Antonio are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.4% of U.S. neighborhoods. With 24.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.2% 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 Park Village neighborhood, 35.6% 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 31.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.9%), and 14.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Park Village neighborhood is English, spoken by 60.7% of households. Some people also speak Spanish (37.4%).

Ethnicity / Ancestry

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 Park Village neighborhood in San Antonio, TX, residents most commonly identify their ethnicity or ancestry as Mexican (46.6%). There are also a number of people of Italian ancestry (6.2%), and residents who report Scots-Irish roots (5.9%), and some of the residents are also of German ancestry (4.7%), along with some Sub-Saharan African ancestry residents (3.9%), among others. In addition, 16.4% of the residents of this neighborhood were born in another country.

Getting to Work

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 Park Village neighborhood spend between 15 and 30 minutes commuting one-way to work (34.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (58.3%) 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 (20.9%) and 11.4% of residents also ride the bus 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.


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