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Real Estate Prices & Overview

Sheppard Air Force Base median real estate price is $124,466, which is less expensive than 88.5% of Texas neighborhoods and 91.9% of all U.S. neighborhoods.

The average rental price in Sheppard Air Force Base is currently $2,092, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.8% of the neighborhoods in Texas.

Sheppard Air Force Base is an urban neighborhood (based on population density) located in Wichita Falls, Texas.

Sheppard Air Force Base real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) townhomes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Sheppard Air Force Base 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 6.1% in Sheppard Air Force Base. NeighborhoodScout analysis shows that this rate is lower than 59.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

One of the really interesting characteristics about the Sheppard Air Force Base neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.1% of college-friendly places to live in the state of Texas.

In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 98.3% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Sheppard Air Force Base neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Also, neighborhoodScout's analysis shows that the Sheppard Air Force Base neighborhood has a greater concentration of residents currently enrolled in college than 95.0% of the neighborhoods in the U.S. With 10.8% of the population here attending college, this is very much a college-focused neighborhood.

Real Estate

Renter-occupied real estate is dominant in the Sheppard Air Force Base neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 98.5%, which is higher than 98.9% 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.

In addition, if you love row houses and attached homes, you will probably really like the Sheppard Air Force Base neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 36.1% of the residential real estate here is classified as row houses and attached homes.

Occupations

The Sheppard Air Force Base neighborhood stands out nationally for having a greater proportion of its residents active in the military than 98.9% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Modes of Transportation

Our research reveals that 91.2% of commuters who live in the Sheppard Air Force Base neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 97.6% of U.S. neighborhoods.

Diversity

Did you know that the Sheppard Air Force Base neighborhood has more Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.9% of this neighborhood's residents have Jamaican 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 Sheppard Air Force Base neighborhood in Wichita Falls are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 69.5% of the neighborhoods in America. In addition, 1.5% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 76.9% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Sheppard Air Force Base neighborhood, 34.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 31.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.5%), and 17.2% in manufacturing and laborer occupations.

Languages

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 Sheppard Air Force Base neighborhood is English, spoken by 92.7% of households. Other important languages spoken here include Italian and Spanish.

Ethnicity / Ancestry

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 Sheppard Air Force Base neighborhood in Wichita Falls, TX, residents most commonly identify their ethnicity or ancestry as German (12.6%). There are also a number of people of English ancestry (10.6%), and residents who report Sub-Saharan African roots (5.1%), and some of the residents are also of Irish ancestry (5.0%), along with some French ancestry residents (4.8%), among others.

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 Sheppard Air Force Base neighborhood spend between 15 and 30 minutes commuting one-way to work (50.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (91.2%) 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 (5.4%) . 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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