Sotherloch Lake Dr / Woodcliff Lake Dr median real estate price is $525,784, which is more expensive than 84.2% of the neighborhoods in Texas and 67.6% of the neighborhoods in the U.S.
The average rental price in Sotherloch Lake Dr / Woodcliff Lake Dr is currently $2,398, based on Ä¢¹½ÊÓƵ's exclusive analysis. The average rental cost in this neighborhood is higher than 79.8% of the neighborhoods in Texas.
Sotherloch Lake Dr / Woodcliff Lake Dr is a suburban neighborhood (based on population density) located in Spring, Texas.
Sotherloch Lake Dr / Woodcliff Lake Dr 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 Sotherloch Lake Dr / Woodcliff Lake Dr neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Sotherloch Lake Dr / Woodcliff Lake Dr, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Sotherloch Lake Dr / Woodcliff Lake Dr is very tight compared to the demand for property here.
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 Spring, the Sotherloch Lake Dr / Woodcliff Lake Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Owner-occupied real estate dominates the Sotherloch Lake Dr / Woodcliff Lake Dr neighborhood. In fact, according to Ä¢¹½ÊÓƵ research, the percentage of residential real estate occupied by its owner is higher here than in 99.6% of neighborhoods in America. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Sotherloch Lake Dr / Woodcliff Lake Dr neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, one way that the Sotherloch Lake Dr / Woodcliff Lake Dr neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.7% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Furthermore, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Sotherloch Lake Dr / Woodcliff Lake Dr neighborhood. A whopping 79.5% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 97.2% of the neighborhoods in the U.S. Everything here just feels new.
In the Sotherloch Lake Dr / Woodcliff Lake Dr neighborhood, many people's commute means walking from the bedroom to the home office. Ä¢¹½ÊÓƵ's analysis found that 44.7% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 99.6% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Astoundingly, Ä¢¹½ÊÓƵ's research reveals that this single neighborhood has a higher concentration of married couples living here than 99.4% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Sotherloch Lake Dr / Woodcliff Lake Dr neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
In addition, according to Ä¢¹½ÊÓƵ's exclusive analysis, Sotherloch Lake Dr / Woodcliff Lake Dr is among the best neighborhoods for families in Texas. In fact, this neighborhood is more family-friendly than 97.4% of neighborhoods in the entire state of Texas. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Sotherloch Lake Dr / Woodcliff Lake Dr neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.
Also, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Sotherloch Lake Dr / Woodcliff Lake Dr neighborhood, where 37.4% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.7% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 95.9% of the neighborhoods in America.
Did you know that the Sotherloch Lake Dr / Woodcliff Lake Dr neighborhood has more Austrian and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Austrian ancestry and 27.2% have Asian ancestry.
Sotherloch Lake Dr / Woodcliff Lake Dr is also pretty special linguistically. Significantly, 2.1% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 99.0% 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 Sotherloch Lake Dr / Woodcliff Lake Dr neighborhood in Spring are wealthy, making it among the 15% highest income neighborhoods in America. Ä¢¹½ÊÓƵ's exclusive analysis reveals that this neighborhood has a higher income than 91.6% of the neighborhoods in America. With 14.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 59.7% 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 Sotherloch Lake Dr / Woodcliff Lake Dr neighborhood, 66.2% 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 17.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.6%), and 6.5% 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 Sotherloch Lake Dr / Woodcliff Lake Dr neighborhood is English, spoken by 74.5% of households. Other important languages spoken here include Spanish, Chinese, Tagalog (the first language of the Philippine region) and Urdu (the national language of Pakistan).
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 Sotherloch Lake Dr / Woodcliff Lake Dr neighborhood in Spring, TX, residents most commonly identify their ethnicity or ancestry as Asian (27.2%). There are also a number of people of English ancestry (9.1%), and residents who report German roots (5.9%), and some of the residents are also of Mexican ancestry (4.8%), along with some Norwegian ancestry residents (3.4%), among others. In addition, 23.7% of the residents of this neighborhood were born in another country.
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 Sotherloch Lake Dr / Woodcliff Lake Dr neighborhood spend between 45 minutes and one hour commuting one-way to work (45.1% of working residents), longer and tougher than most commutes in America.
Here most residents (54.0%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
