Royal Northaven / Hockaday median real estate price is $1,233,726, which is more expensive than 98.6% of the neighborhoods in Texas and 94.0% of the neighborhoods in the U.S.
The average rental price in Royal Northaven / Hockaday is currently $2,604, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.9% of the neighborhoods in Texas.
Royal Northaven / Hockaday is a suburban neighborhood (based on population density) located in Dallas, Texas.
Royal Northaven / Hockaday real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Royal Northaven / Hockaday 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 7.4% in Royal Northaven / Hockaday. NeighborhoodScout analysis shows that this rate is lower than 51.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
One way that the Royal Northaven / Hockaday neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.7% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
In addition, owner-occupied real estate dominates the Royal Northaven / Hockaday neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 99.0% of neighborhoods in America.
Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Royal Northaven / Hockaday neighborhood is wealthier than 99.5% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood.
In addition, the rate of college educated adults in the Royal Northaven / Hockaday neighborhood is a unique characteristic of the neighborhood. 87.9% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 99.5% of all U.S. neighborhoods.
Also, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Royal Northaven / Hockaday neighborhood: a neighborhood in which more "urban sophisticates" live than 98.2% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives and families with school-aged children.
Finally, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Royal Northaven / Hockaday neighborhood may actually hold the key. 68.8% of its residents are married, which is a higher percentage than is found in 95.1% of the neighborhoods in America.
The Royal Northaven / Hockaday neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 97.2% of the neighborhoods in America. In fact, 73.5% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
Did you know that the Royal Northaven / Hockaday neighborhood has more Irish and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 28.4% of this neighborhood's residents have Irish ancestry and 1.9% have Lebanese ancestry.
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 Royal Northaven / Hockaday neighborhood in Dallas are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 99.5% of the neighborhoods in America. In addition, 2.9% 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 71.8% of America'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 Royal Northaven / Hockaday neighborhood, 73.5% 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 21.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (3.5%).
The most common language spoken in the Royal Northaven / Hockaday neighborhood is English, spoken by 94.7% of households. Some people also speak Chinese (2.9%).
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 Royal Northaven / Hockaday neighborhood in Dallas, TX, residents most commonly identify their ethnicity or ancestry as Irish (28.4%). There are also a number of people of English ancestry (24.2%), and residents who report German roots (11.6%), and some of the residents are also of Italian ancestry (6.7%), along with some Asian ancestry residents (6.6%), among others.
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 Royal Northaven / Hockaday neighborhood spend between 15 and 30 minutes commuting one-way to work (53.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (73.4%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.