Lake Medina Shores / Bandera Falls median real estate price is $339,834, which is more expensive than 62.2% of the neighborhoods in Texas and 46.5% of the neighborhoods in the U.S.
The average rental price in Lake Medina Shores / Bandera Falls is currently $2,703, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 88.2% of the neighborhoods in Texas.
Lake Medina Shores / Bandera Falls is a remote neighborhood (based on population density) located in Pipe Creek, Texas.
Lake Medina Shores / Bandera Falls real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Lake Medina Shores / Bandera Falls 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 Lake Medina Shores / Bandera Falls. The current real estate vacancy rate here is 33.9%. This is higher than the rate of vacancies in 96.1% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (28.3%). 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.
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.
In a nation where 1 out of every 4 children lives in poverty, the Lake Medina Shores / Bandera Falls neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, if you're planning where to retire, the Lake Medina Shores / Bandera Falls neighborhood in Pipe Creek is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in TX, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 89.4% of the neighborhoods in Texas. If you are considering retiring to Texas, this is a good neighborhood to look at.
American households most often have a car, and regularly they have two or three. But households in the Lake Medina Shores / Bandera Falls neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 49.5% of the households here have four, five, or more cars. That is more cars per household than in 99.6% of the neighborhoods in the nation.
The real estate in this neighborhood consists of more mobile homes than 98.7% of all neighborhoods in America, with 46.3% 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, despite all of the residential real estate here in the Lake Medina Shores / Bandera Falls 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 33.9%, which is higher than 96.1% of all U.S. neighborhoods.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Lake Medina Shores / Bandera Falls neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Lake Medina Shores / Bandera Falls neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.4% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 96.7% of all neighborhoods in America.
Did you know that the Lake Medina Shores / Bandera Falls neighborhood has more Scots-Irish and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.2% of this neighborhood's residents have Scots-Irish ancestry and 7.1% have Scottish 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 Lake Medina Shores / Bandera Falls neighborhood in Pipe Creek are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 50.1% 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.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Lake Medina Shores / Bandera Falls neighborhood, 35.2% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.6%), and 17.3% in clerical, assistant, and tech support occupations.
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 Lake Medina Shores / Bandera Falls neighborhood is English, spoken by 79.3% of households. Other important languages spoken here include Spanish, Italian and Polish.
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 Lake Medina Shores / Bandera Falls neighborhood in Pipe Creek, TX, residents most commonly identify their ethnicity or ancestry as German (23.7%). There are also a number of people of Mexican ancestry (13.6%), and residents who report Puerto Rican roots (10.2%), and some of the residents are also of Irish ancestry (8.2%), along with some English ancestry residents (7.3%), among others.
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 Lake Medina Shores / Bandera Falls neighborhood spend under 15 minutes commuting one-way to work (30.7% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (11.4%) who commute over an hour in each direction.
Here most residents (72.1%) 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 (18.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.