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Real Estate Prices & Overview

Marcus Abrams Blvd / Johnny Weismuller Ln median real estate price is $454,582, which is more expensive than 77.3% of the neighborhoods in Texas and 61.2% of the neighborhoods in the U.S.

The average rental price in Marcus Abrams Blvd / Johnny Weismuller Ln is currently $2,846, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.8% of the neighborhoods in Texas.

Marcus Abrams Blvd / Johnny Weismuller Ln is an urban neighborhood (based on population density) located in Austin, Texas.

Marcus Abrams Blvd / Johnny Weismuller Ln real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Marcus Abrams Blvd / Johnny Weismuller Ln neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Marcus Abrams Blvd / Johnny Weismuller Ln, 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 Marcus Abrams Blvd / Johnny Weismuller Ln is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

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 Marcus Abrams Blvd / Johnny Weismuller Ln 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, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Marcus Abrams Blvd / Johnny Weismuller Ln neighborhood. A whopping 82.5% 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 97.8% of the neighborhoods in the U.S. Everything here just feels new. 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.

Modes of Transportation

In the Marcus Abrams Blvd / Johnny Weismuller Ln neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 31.9% 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 97.8% 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.

People

One of the really interesting characteristics about the Marcus Abrams Blvd / Johnny Weismuller Ln neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 2.9% of college-friendly places to live in the state of Texas. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for highly educated executives, first-time home buyers and families with school-aged children.

Diversity

Did you know that the Marcus Abrams Blvd / Johnny Weismuller Ln neighborhood has more Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have Welsh ancestry.

Marcus Abrams Blvd / Johnny Weismuller Ln is also pretty special linguistically. Significantly, 1.6% 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 98.4% of the neighborhoods in America.

The Neighbors

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 Marcus Abrams Blvd / Johnny Weismuller Ln neighborhood in Austin are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 88.6% of the neighborhoods in America. In addition, 5.5% 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 62.9% of America'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 Marcus Abrams Blvd / Johnny Weismuller Ln neighborhood, 62.2% 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 19.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.3%), and 8.0% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Marcus Abrams Blvd / Johnny Weismuller Ln neighborhood is English, spoken by 84.7% of households. Some people also speak Spanish (9.4%).

Ethnicity / Ancestry

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 Marcus Abrams Blvd / Johnny Weismuller Ln neighborhood in Austin, TX, residents most commonly identify their ethnicity or ancestry as Mexican (31.2%). There are also a number of people of English ancestry (13.2%), and residents who report German roots (12.0%), and some of the residents are also of Irish ancestry (10.1%), along with some Asian ancestry residents (3.5%), among others.

Getting to Work

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 Marcus Abrams Blvd / Johnny Weismuller Ln neighborhood spend between 15 and 30 minutes commuting one-way to work (46.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (60.1%) 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 (6.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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