Parkway And Cherry Point Pac West median real estate price is $71,003, which is less expensive than 97.6% of Texas neighborhoods and 98.0% of all U.S. neighborhoods.
The average rental price in Parkway And Cherry Point Pac West is currently $1,062, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 94.3% of Texas neighborhoods.
Parkway And Cherry Point Pac West is a rural neighborhood (based on population density) located in Lubbock, Texas.
Parkway And Cherry Point Pac West real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Parkway And Cherry Point Pac West neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Parkway And Cherry Point Pac West. The current real estate vacancy rate here is 30.7%. This is higher than the rate of vacancies in 95.4% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually 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 Lubbock, the Parkway And Cherry Point Pac West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
One of the unique characteristics of the Parkway And Cherry Point Pac West neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.4% of the neighborhoods in America. Also of note, 57.1% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
In addition, the Parkway And Cherry Point Pac West neighborhood is unique for having just 2.4% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 98.6% of America's neighborhoods.
Also, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 56.8%. This is a higher percent living alone than we found in 98.0% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Parkway And Cherry Point Pac West neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 42.5% of the households here have four, five, or more cars. That is more cars per household than in 98.8% of the neighborhoods in the nation.
NeighborhoodScout's exclusive research identifies the Parkway And Cherry Point Pac West neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 46.9% of its working residents employed in such fields, which is a higher proportion than 98.1% of American neighborhoods.
Furthermore, there are more people living in the Parkway And Cherry Point Pac West neighborhood employed as sales and service workers (59.3%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Parkway And Cherry Point Pac West neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 66.4% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.9% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Our research reveals that 89.8% of commuters who live in the Parkway And Cherry Point Pac West neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 97.0% of U.S. neighborhoods.
Despite all of the residential real estate here in the Parkway And Cherry Point Pac West neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 30.7%, which is higher than 95.4% of all U.S. neighborhoods.
Did you know that the Parkway And Cherry Point Pac West neighborhood has more African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.5% of this neighborhood's residents have African ancestry.
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 Parkway And Cherry Point Pac West neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Parkway And Cherry Point Pac West neighborhood in Lubbock are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.4% of U.S. neighborhoods. With 57.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.3% of U.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 Parkway And Cherry Point Pac West neighborhood, 46.9% 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 40.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (12.4%), and 2.7% in government jobs, whether they are in local, state, or federal positions.
Languages
The most common language spoken in the Parkway And Cherry Point Pac West neighborhood is English, spoken by 75.9% of households. Some people also speak Spanish (24.1%).
Ethnicity / Ancestry
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 Parkway And Cherry Point Pac West neighborhood in Lubbock, TX, residents most commonly identify their ethnicity or ancestry as Mexican (40.7%). There are also a number of people of Sub-Saharan African ancestry (9.5%), and residents who report African roots (9.5%), and some of the residents are also of Scottish ancestry (3.1%), along with some English ancestry residents (2.6%), 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 Parkway And Cherry Point Pac West neighborhood spend under 15 minutes commuting one-way to work (66.4% of working residents), one of the shortest commutes across America.
Here most residents (89.8%) 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 (10.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
