A condition alert is a condition in the neighborhood that triggers an alert. 蘑菇视频 contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
Information at a glance that you need to know to invest, appraise or finance a property.
The PDF generation has failed
Loading...Hidden Cove Estates / Meridian median real estate price is $528,043, which is more expensive than 84.7% of the neighborhoods in Texas and 68.0% of the neighborhoods in the U.S.
The average rental price in Hidden Cove Estates / Meridian is currently $2,187, based on 蘑菇视频's exclusive analysis. The average rental cost in this neighborhood is higher than 71.7% of the neighborhoods in Texas.
Hidden Cove Estates / Meridian is a suburban neighborhood (based on population density) located in Lewisville, Texas.
Hidden Cove Estates / Meridian 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 renter occupied. Many of the residences in the Hidden Cove Estates / Meridian neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Hidden Cove Estates / Meridian are 3.5%, which is lower than one will find in 75.5% of American neighborhoods. Demand for real estate in Hidden Cove Estates / Meridian 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.
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 蘑菇视频's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Homes built from 2000 through today make up a higher proportion of the Hidden Cove Estates / Meridian neighborhood's real estate landscape than 98.9% 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, 91.8% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
If you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Hidden Cove Estates / Meridian neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. 蘑菇视频's exclusive analysis places it as one of the top 13.7% executive lifestyle neighborhoods in the state of Texas.
Did you know that the Hidden Cove Estates / Meridian neighborhood has more Asian and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 32.2% of this neighborhood's residents have Asian ancestry and 0.5% have Yugoslav ancestry.
Hidden Cove Estates / Meridian is also pretty special linguistically. Significantly, 2.9% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 97.5% of the neighborhoods in America.
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 Hidden Cove Estates / Meridian neighborhood in Lewisville are upper-middle income, making it an above average income neighborhood. 蘑菇视频's exclusive analysis reveals that this neighborhood has a higher income than 70.2% of the neighborhoods in America. With 13.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.4% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Hidden Cove Estates / Meridian neighborhood, 63.1% of the working population is employed in executive, management, and professional 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 16.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.8%), and 9.4% in manufacturing and laborer 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 Hidden Cove Estates / Meridian neighborhood is English, spoken by 69.3% of households. Other important languages spoken here include Spanish, Langs. of India and Korean.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture 鈥� our learned behavior 鈥� 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 Hidden Cove Estates / Meridian neighborhood in Lewisville, TX, residents most commonly identify their ethnicity or ancestry as Asian (32.2%). There are also a number of people of Mexican ancestry (12.8%), and residents who report English roots (8.5%), and some of the residents are also of German ancestry (5.5%), along with some Irish ancestry residents (3.7%), among others. In addition, 33.0% of the residents of this neighborhood were born in another country.
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 Hidden Cove Estates / Meridian neighborhood spend between 15 and 30 minutes commuting one-way to work (49.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (66.9%) 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 (12.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT鈥檚 patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.