Parkway Central Park median real estate price is $462,103, which is more expensive than 78.6% of the neighborhoods in Texas and 62.5% of the neighborhoods in the U.S.
The average rental price in Parkway Central Park is currently $2,620, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 86.2% of the neighborhoods in Texas.
Parkway Central Park is a suburban neighborhood (based on population density) located in Arlington, Texas.
Parkway Central Park 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 occupied by a mixture of owners and renters. Many of the residences in the Parkway Central Park 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.
Home and apartment vacancy rates are 7.5% in Parkway Central Park. NeighborhoodScout analysis shows that this rate is lower than 50.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Arlington, the Parkway Central Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Parkway Central Park neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 24.0% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.8% of all neighborhoods in America.
If you're planning where to retire, the Parkway Central Park neighborhood in Arlington is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in TX, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 86.3% of the neighborhoods in Texas. If you are considering retiring to Texas, this is a good neighborhood to look at.
Did you know that the Parkway Central Park neighborhood has more Iranian and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Iranian ancestry and 5.7% have South American ancestry.
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 Parkway Central Park neighborhood in Arlington are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 57.8% of the neighborhoods in America. With 23.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.1% 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 Parkway Central Park neighborhood, 60.4% 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 22.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.5%), and 6.9% in clerical, assistant, and tech support occupations.
The most common language spoken in the Parkway Central Park neighborhood is English, spoken by 73.0% of households. Some people also speak Spanish (10.8%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – 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 Parkway Central Park neighborhood in Arlington, TX, residents most commonly identify their ethnicity or ancestry as English (15.0%). There are also a number of people of German ancestry (10.2%), and residents who report Sub-Saharan African roots (8.7%), and some of the residents are also of Mexican ancestry (6.6%), along with some Irish ancestry residents (6.0%), among others. In addition, 18.7% 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 Parkway Central Park neighborhood spend between 15 and 30 minutes commuting one-way to work (31.8% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (24.0%) who commute over an hour in each direction.
Here most residents (86.7%) 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.