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Real Estate Prices & Overview

Tribune median real estate price is $142,741, which is less expensive than 84.2% of Texas neighborhoods and 88.8% of all U.S. neighborhoods.

The average rental price in Tribune is currently $1,671, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 59.0% of Texas neighborhoods.

Tribune is a suburban neighborhood (based on population density) located in Sherman, Texas.

Tribune real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Tribune neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 9.4% in Tribune. NeighborhoodScout analysis shows that this rate is lower than 41.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Sherman, the Tribune 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 93.7% of the adult residents in the Tribune neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.0% of the neighborhoods in America.

Occupations

There are more people living in the Tribune neighborhood employed as sales and service workers (60.9%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

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 Tribune neighborhood in Sherman are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 68.5% of U.S. neighborhoods. With 15.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.5% 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 Tribune neighborhood, 39.1% 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 24.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.2%), and 15.6% in executive, management, and professional occupations.

Languages

The most common language spoken in the Tribune neighborhood is English, spoken by 61.1% of households. Some people also speak Spanish (36.3%).

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 Tribune neighborhood in Sherman, TX, residents most commonly identify their ethnicity or ancestry as Mexican (36.8%). There are also a number of people of German ancestry (9.7%), and residents who report Irish roots (6.2%), and some of the residents are also of English ancestry (3.2%), along with some Italian ancestry residents (2.4%), among others. In addition, 18.5% of the residents of this neighborhood were born in another country.

Getting to Work

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 Tribune neighborhood spend between 15 and 30 minutes commuting one-way to work (44.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (88.5%) 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 (5.9%) . 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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