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.
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Loading...Plano Park median real estate price is $330,312, which is more expensive than 60.0% of the neighborhoods in Texas and 43.6% of the neighborhoods in the U.S.
The average rental price in Plano Park is currently $2,332, based on 蘑菇视频's exclusive analysis. The average rental cost in this neighborhood is higher than 77.4% of the neighborhoods in Texas.
Plano Park is an urban neighborhood (based on population density) located in Plano, Texas.
Plano Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Plano 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.
Plano Park has a 11.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.1% 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.
American households most often have a car, and regularly they have two or three. But households in the Plano Park neighborhood buck this trend. Residents of this neighborhood must really love automobiles. 蘑菇视频's Analysis reveals that 54.2% of the households here have four, five, or more cars. That is more cars per household than in 99.8% of the neighborhoods in the nation.
Our research shows that more people carpool to work here in the Plano Park (24.8%) than in 96.9% of the neighborhoods in America.
Did you know that the Plano Park neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 56.8% of this neighborhood's residents have Mexican ancestry.
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. 蘑菇视频's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Plano Park neighborhood in Plano are lower-middle income, making it a below average income neighborhood. 蘑菇视频's research shows that this neighborhood has an income lower than 70.6% of U.S. neighborhoods. With 20.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.3% 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 Plano Park neighborhood, 33.7% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 29.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (27.9%), and 9.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Plano Park neighborhood is Spanish, spoken by 55.8% of households. Some people also speak English (40.8%).
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 鈥� some more unique than others 鈥� based on lifestyle, occupations, the types of households 鈥� and importantly 鈥� 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 Plano Park neighborhood in Plano, TX, residents most commonly identify their ethnicity or ancestry as Mexican (56.8%). There are also a number of people of German ancestry (10.0%), and residents who report English roots (4.8%), and some of the residents are also of Asian ancestry (3.2%), along with some Irish ancestry residents (2.2%), among others. In addition, 32.2% of the residents of this neighborhood were born in another country.
How you get to work 鈥� car, bus, train or other means 鈥� 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 Plano Park neighborhood spend between 15 and 30 minutes commuting one-way to work (41.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (60.2%) 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 (24.8%) . 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.
