Mustang Ridge median real estate price is $277,051, which is more expensive than 46.1% of the neighborhoods in Texas and 33.5% of the neighborhoods in the U.S.
The average rental price in Mustang Ridge is currently $1,493, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 69.7% of Texas neighborhoods.
Mustang Ridge is a rural neighborhood (based on population density) located in Austin, Texas.
Mustang Ridge real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) mobile homes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Mustang Ridge neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Mustang Ridge has a 11.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.4% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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 Austin, the Mustang Ridge neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Mustang Ridge neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 57.8% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.5% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Mustang Ridge neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 40.8% of the households here have four, five, or more cars. That is more cars per household than in 98.4% of the neighborhoods in the nation.
More people work in manufacturing and as laborers here in the Mustang Ridge neighborhood than in 97.8% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.
Did you know that the Mustang Ridge neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 73.7% of this neighborhood's residents have Mexican ancestry.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Mustang Ridge neighborhood in Austin are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.6% of U.S. neighborhoods. In addition, 5.0% 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 64.1% of America'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 Mustang Ridge neighborhood, 46.1% of the working population is employed in manufacturing and laborer 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 20.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (20.5%), and 12.4% in clerical, assistant, and tech support occupations.
The most common language spoken in the Mustang Ridge neighborhood is Spanish, spoken by 49.9% of households. Some people also speak English (48.2%).
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 Mustang Ridge neighborhood in Austin, TX, residents most commonly identify their ethnicity or ancestry as Mexican (73.7%). There are also a number of people of German ancestry (7.0%), and residents who report English roots (6.7%), and some of the residents are also of Polish ancestry (3.0%), along with some Irish ancestry residents (2.6%), among others. In addition, 31.7% of the residents of this neighborhood were born in another country.
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 Mustang Ridge neighborhood spend between 30 and 45 minutes commuting one-way to work (47.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (65.1%) 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 (22.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.