Memorial Dr / Blair Oaks Dr median real estate price is $423,754, which is more expensive than 72.8% of the neighborhoods in Texas and 57.0% of the neighborhoods in the U.S.
The average rental price in Memorial Dr / Blair Oaks Dr is currently $3,212, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.8% of the neighborhoods in Texas.
Memorial Dr / Blair Oaks Dr is a suburban neighborhood (based on population density) located in The Colony, Texas.
Memorial Dr / Blair Oaks Dr 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 owner occupied. Many of the residences in the Memorial Dr / Blair Oaks Dr 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 6.5% in Memorial Dr / Blair Oaks Dr. NeighborhoodScout analysis shows that this rate is lower than 57.0% 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 The Colony, the Memorial Dr / Blair Oaks Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In a nation where 1 out of every 4 children lives in poverty, the Memorial Dr / Blair Oaks Dr neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
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. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Memorial Dr / Blair Oaks Dr neighborhood in The Colony 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 85.2% 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 Memorial Dr / Blair Oaks Dr neighborhood, 42.3% 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 20.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.4%), and 17.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the Memorial Dr / Blair Oaks Dr neighborhood is English, spoken by 75.8% of households. Some people also speak Spanish (22.4%).
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 Memorial Dr / Blair Oaks Dr neighborhood in The Colony, TX, residents most commonly identify their ethnicity or ancestry as Mexican (21.6%). There are also a number of people of German ancestry (19.7%), and residents who report English roots (13.3%), and some of the residents are also of Irish ancestry (11.3%), along with some Asian ancestry residents (4.5%), among others.
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 Memorial Dr / Blair Oaks Dr neighborhood spend under 15 minutes commuting one-way to work (37.3% of working residents), one of the shortest commutes across America.
Here most residents (77.3%) 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.