Meadowlakes median real estate price is $519,146, which is more expensive than 82.8% of the neighborhoods in Texas and 66.1% of the neighborhoods in the U.S.
The average rental price in Meadowlakes is currently $2,293, based on 蘑菇视频's exclusive analysis. The average rental cost in this neighborhood is higher than 76.1% of the neighborhoods in Texas.
Meadowlakes is a remote neighborhood (based on population density) located in Marble Falls, Texas.
Meadowlakes 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 Meadowlakes neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Meadowlakes has a 14.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 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.
Of note is 蘑菇视频's research finding that the Meadowlakes neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Meadowlakes community truly stands out from the rest in this regard.
In addition, if you are planning to retire in Texas, this neighborhood should be on your must-see list. For many reasons, Meadowlakes may be considered a retiree's dream neighborhood. According to 蘑菇视频's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Texas, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.4% of neighborhoods in TX. If a Texas retirement is in your future, this neighborhood should be one of the places you visit.
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 Meadowlakes neighborhood in Marble Falls 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 67.0% 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 Meadowlakes neighborhood, 41.0% 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 21.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.0%), and 17.3% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Meadowlakes neighborhood is English, spoken by 85.2% of households. Some people also speak Spanish (14.4%).
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 Meadowlakes neighborhood in Marble Falls, TX, residents most commonly identify their ethnicity or ancestry as Mexican (19.3%). There are also a number of people of German ancestry (13.8%), and residents who report English roots (12.9%), and some of the residents are also of Irish ancestry (12.1%), along with some Scots-Irish ancestry residents (2.5%), among others.
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 Meadowlakes neighborhood spend between 15 and 30 minutes commuting one-way to work (36.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (73.2%) 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 (11.1%) . 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.