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Real Estate Prices & Overview

Armstrong Park median real estate price is $330,671, which is more expensive than 60.5% of the neighborhoods in Texas and 45.0% of the neighborhoods in the U.S.

The average rental price in Armstrong Park is currently $2,241, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.5% of the neighborhoods in Texas.

Armstrong Park is an urban neighborhood (based on population density) located in Plano, Texas.

Armstrong Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Armstrong Park neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Armstrong Park are 4.9%, which is lower than one will find in 67.4% of American neighborhoods. Demand for real estate in Armstrong Park is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Plano, the Armstrong Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

There are more people living in the Armstrong Park neighborhood employed as sales and service workers (47.2%) 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.

People

Divorcees may find friendship and understanding in this neighborhood, as 19.7% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 95.1% of the neighborhoods in America.

Diversity

Significantly, 3.8% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 98.6% of the neighborhoods in America.

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 Armstrong Park neighborhood in Plano are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.3% of U.S. neighborhoods. With 30.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 81.2% of U.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 Armstrong Park neighborhood, 52.8% 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 23.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.8%), and 9.2% in clerical, assistant, and tech support occupations.

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 Armstrong Park neighborhood is Spanish, spoken by 48.4% of households. Other important languages spoken here include English and German/Yiddish.

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 Armstrong Park neighborhood in Plano, TX, residents most commonly identify their ethnicity or ancestry as Mexican (41.1%). There are also a number of people of German ancestry (7.4%), and residents who report Irish roots (4.0%), and some of the residents are also of English ancestry (3.1%), along with some Polish ancestry residents (2.2%), among others. In addition, 34.8% 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 Armstrong Park neighborhood spend under 15 minutes commuting one-way to work (36.9% of working residents), one of the shortest commutes across America.

Here most residents (60.6%) 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 (8.7%) and 5.9% 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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