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Real Estate Prices & Overview

Pharr North median real estate price is $125,376, which is more expensive than 18.7% of the neighborhoods in Texas and 13.4% of the neighborhoods in the U.S.

The average rental price in Pharr North is currently $1,171, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.3% of Texas neighborhoods.

Pharr North is a suburban neighborhood (based on population density) located in Pharr, Texas.

Pharr North real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) mobile homes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Pharr North neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Pharr North. The current real estate vacancy rate here is 33.5%. This is higher than the rate of vacancies in 96.0% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (22.7%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

The Pharr North neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 50.8% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.1% 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.

In addition, homes built from 2000 through today make up a higher proportion of the Pharr North neighborhood's real estate landscape than 97.0% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 76.9% of the residential real estate here is classified as newer.

Furthermore, despite all of the residential real estate here in the Pharr North 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 33.5%, which is higher than 96.0% of all U.S. neighborhoods.

People

One of the really interesting characteristics about the Pharr North neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 1.9% of college-friendly places to live in the state of Texas.

In addition, neighborhoodScout's analysis shows that the Pharr North neighborhood has a greater concentration of residents currently enrolled in college than 95.9% of the neighborhoods in the U.S. With 12.0% of the population here attending college, this is very much a college-focused neighborhood.

Diversity

Did you know that the Pharr North neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 80.7% of this neighborhood's residents have Mexican ancestry.

Pharr North is also pretty special linguistically. Significantly, 70.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.5% of all U.S. neighborhoods.

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 Pharr North neighborhood in Pharr are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 93.9% of U.S. neighborhoods. With 26.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.9% 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 Pharr North neighborhood, 36.9% 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 27.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.2%), and 13.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Pharr North neighborhood is Spanish, spoken by 70.9% of households. Some people also speak English (29.1%).

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 Pharr North neighborhood in Pharr, TX, residents most commonly identify their ethnicity or ancestry as Mexican (80.7%). There are also a number of people of Irish ancestry (12.4%), and residents who report Scottish roots (1.8%), and some of the residents are also of Italian ancestry (1.4%), along with some French ancestry residents (1.3%), among others. In addition, 31.7% 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 Pharr North neighborhood spend under 15 minutes commuting one-way to work (38.9% of working residents), one of the shortest commutes across America.

Here most residents (83.1%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (10.4%) and 6.6% of residents also carpool with coworkers, friends, or neighbors for their daily commute. 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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