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Real Estate Prices & Overview

Dixie Farm Rd / Lott Ave median real estate price is $408,296, which is more expensive than 68.2% of the neighborhoods in Texas and 53.8% of the neighborhoods in the U.S.

The average rental price in Dixie Farm Rd / Lott Ave is currently $2,022, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.7% of the neighborhoods in Texas.

Dixie Farm Rd / Lott Ave is a suburban neighborhood (based on population density) located in Houston, Texas.

Dixie Farm Rd / Lott Ave real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Dixie Farm Rd / Lott Ave neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Dixie Farm Rd / Lott Ave, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Dixie Farm Rd / Lott Ave is very tight compared to the demand for property here.

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 Houston, the Dixie Farm Rd / Lott Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Dixie Farm Rd / Lott Ave neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Dixie Farm Rd / Lott Ave neighborhood. A whopping 79.5% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 97.4% of the neighborhoods in the U.S. Everything here just feels new.

People

Of note is NeighborhoodScout's research finding that the Dixie Farm Rd / Lott Ave neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Dixie Farm Rd / Lott Ave community truly stands out from the rest in this regard.

In addition, neighborhoodScout's analysis shows that the Dixie Farm Rd / Lott Ave neighborhood has a greater concentration of residents currently enrolled in college than 97.9% of the neighborhoods in the U.S. With 22.3% of the population here attending college, this is very much a college-focused neighborhood.

Also, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Dixie Farm Rd / Lott Ave neighborhood has more single mother households than 97.8% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Finally, the Dixie Farm Rd / Lott Ave neighborhood stands out within Texas for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 7.3% of college-friendly places to live in TX.

Modes of Transportation

In the Dixie Farm Rd / Lott Ave neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 32.5% of commuters carpool here, which is more than in 99.2% of all U.S. neighborhoods.

Diversity

Did you know that the Dixie Farm Rd / Lott Ave neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 51.1% of this neighborhood's residents have Asian ancestry.

Dixie Farm Rd / Lott Ave is also pretty special linguistically. Significantly, 27.8% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Dixie Farm Rd / Lott Ave neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.2% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Dixie Farm Rd / Lott Ave neighborhood in Houston are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 67.2% of U.S. neighborhoods. In addition, 0.0% 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 100.0% 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 Dixie Farm Rd / Lott Ave neighborhood, 44.3% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 22.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.0%), and 11.0% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Dixie Farm Rd / Lott Ave neighborhood is English, spoken by 52.3% of households. Other important languages spoken here include Vietnamese, Chinese, Spanish and Langs. of India.

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 Dixie Farm Rd / Lott Ave neighborhood in Houston, TX, residents most commonly identify their ethnicity or ancestry as Asian (51.1%). There are also a number of people of Mexican ancestry (15.1%), and residents who report English roots (2.6%), and some of the residents are also of Portuguese ancestry (1.3%), along with some German ancestry residents (1.1%), among others. In addition, 39.1% of the residents of this neighborhood were born in another country.

Getting to Work

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 Dixie Farm Rd / Lott Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (41.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (66.4%) 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 (32.5%) . 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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