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Real Estate Prices & Overview

Parker Acres / Quail Ridge median real estate price is $349,483, which is more expensive than 63.7% of the neighborhoods in Texas and 46.8% of the neighborhoods in the U.S.

The average rental price in Parker Acres / Quail Ridge is currently $2,113, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.9% of the neighborhoods in Texas.

Parker Acres / Quail Ridge is a rural neighborhood (based on population density) located in Midland, Texas.

Parker Acres / Quail Ridge real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Parker Acres / Quail Ridge neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Parker Acres / Quail Ridge, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.8% of all neighborhoods in the U.S. This means that the housing supply in Parker Acres / Quail Ridge 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 Midland, the Parker Acres / Quail Ridge neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Parker Acres / Quail Ridge neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

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 Parker Acres / Quail Ridge 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.

Modes of Transportation

Our research reveals that 96.5% of commuters who live in the Parker Acres / Quail Ridge neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 99.7% of U.S. neighborhoods.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 98.9% of all neighborhoods in America, with 47.9% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

In addition, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Parker Acres / Quail Ridge neighborhood. A whopping 72.5% 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 96.3% of the neighborhoods in the U.S. Everything here just feels new.

Diversity

Did you know that the Parker Acres / Quail Ridge neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 66.9% of this neighborhood's residents have Mexican ancestry.

The Neighbors

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 Parker Acres / Quail Ridge neighborhood in Midland are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 76.1% of the neighborhoods in America. 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 Parker Acres / Quail Ridge neighborhood, 43.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 27.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.7%), and 11.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Parker Acres / Quail Ridge neighborhood is Spanish, spoken by 53.3% of households. Some people also speak English (43.9%).

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 Parker Acres / Quail Ridge neighborhood in Midland, TX, residents most commonly identify their ethnicity or ancestry as Mexican (66.9%). There are also a number of people of German ancestry (6.3%), and residents who report English roots (6.3%), and some of the residents are also of Puerto Rican ancestry (1.1%). In addition, 36.0% of the residents of this neighborhood were born in another country.

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 Parker Acres / Quail Ridge neighborhood spend between 15 and 30 minutes commuting one-way to work (39.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (96.5%) 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.


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