Town Homes At Legacy Town Center / Lolaville median real estate price is $705,661, which is more expensive than 92.9% of the neighborhoods in Texas and 80.7% of the neighborhoods in the U.S.
The average rental price in Town Homes At Legacy Town Center / Lolaville is currently $2,434, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.4% of the neighborhoods in Texas.
Town Homes At Legacy Town Center / Lolaville is a suburban neighborhood (based on population density) located in Plano, Texas.
Town Homes At Legacy Town Center / Lolaville 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 townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Town Homes At Legacy Town Center / Lolaville neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Town Homes At Legacy Town Center / Lolaville has a 10.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.0% 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.
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 Plano, the Town Homes At Legacy Town Center / Lolaville neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Of note is NeighborhoodScout's research finding that the Town Homes At Legacy Town Center / Lolaville neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Town Homes At Legacy Town Center / Lolaville community truly stands out from the rest in this regard.
The real estate in the Town Homes At Legacy Town Center / Lolaville neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 90.0% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.2% of American neighborhoods.
In addition, the Town Homes At Legacy Town Center / Lolaville neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 91.5% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Furthermore, homes built from 2000 through today make up a higher proportion of the Town Homes At Legacy Town Center / Lolaville neighborhood's real estate landscape than 97.8% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 82.5% of the residential real estate here is classified as newer. 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.
Also of note, renter-occupied real estate is dominant in the Town Homes At Legacy Town Center / Lolaville neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 91.7%, which is higher than 97.2% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Town Homes At Legacy Town Center / Lolaville neighborhood. In the Town Homes At Legacy Town Center / Lolaville neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Did you know that the Town Homes At Legacy Town Center / Lolaville neighborhood has more Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.8% of this neighborhood's residents have Iranian ancestry.
Town Homes At Legacy Town Center / Lolaville is also pretty special linguistically. Significantly, 5.3% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 97.6% of the neighborhoods in America.
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 Town Homes At Legacy Town Center / Lolaville neighborhood in Plano are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 72.3% 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.
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 Town Homes At Legacy Town Center / Lolaville neighborhood, 61.9% 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 17.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.8%), and 5.1% in manufacturing and laborer occupations.
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 Town Homes At Legacy Town Center / Lolaville neighborhood is English, spoken by 72.3% of households. Other important languages spoken here include Spanish and Langs. of India.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Town Homes At Legacy Town Center / Lolaville neighborhood in Plano, TX, residents most commonly identify their ethnicity or ancestry as Asian (21.3%). There are also a number of people of German ancestry (9.7%), and residents who report Mexican roots (8.4%), and some of the residents are also of Irish ancestry (7.1%), along with some English ancestry residents (5.4%), among others. In addition, 29.4% 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 Town Homes At Legacy Town Center / Lolaville neighborhood spend between 15 and 30 minutes commuting one-way to work (39.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (62.3%) 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 (6.1%) and 5.8% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.