Arbala / Bonanza median real estate price is $317,162, which is more expensive than 58.0% of the neighborhoods in Texas and 42.8% of the neighborhoods in the U.S.
The average rental price in Arbala / Bonanza is currently $1,531, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 69.7% of Texas neighborhoods.
Arbala / Bonanza is a remote neighborhood (based on population density) located in Sulphur Springs, Texas.
Arbala / Bonanza 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 Arbala / Bonanza neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Arbala / Bonanza has a 12.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.2% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (8.0%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 38 residents per square mile, Arbala / Bonanza is less crowded than 91.2% of all U.S. neighborhoods.
If you're planning where to retire, the Arbala / Bonanza neighborhood in Sulphur Springs is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in TX, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 88.2% of the neighborhoods in Texas. If you are considering retiring to Texas, this is a good neighborhood to look at.
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 Arbala / Bonanza neighborhood in Sulphur Springs are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 45.6% of the neighborhoods in America. With 14.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.4% 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 Arbala / Bonanza neighborhood, 39.1% 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 27.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.0%), and 10.4% in clerical, assistant, and tech support occupations.
The most common language spoken in the Arbala / Bonanza neighborhood is English, spoken by 82.4% of households. Some people also speak Spanish (17.3%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Arbala / Bonanza neighborhood in Sulphur Springs, TX, residents most commonly identify their ethnicity or ancestry as Mexican (16.2%). There are also a number of people of English ancestry (9.0%), and residents who report Irish roots (9.0%), and some of the residents are also of German ancestry (8.5%), along with some Norwegian ancestry residents (2.0%), 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 Arbala / Bonanza neighborhood spend between 15 and 30 minutes commuting one-way to work (48.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (79.0%) 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 (13.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.