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Real Estate Prices & Overview

Welcome Valley median real estate price is $445,679, which is more expensive than 76.3% of the neighborhoods in Texas and 60.2% of the neighborhoods in the U.S.

The average rental price in Welcome Valley is currently $2,213, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.2% of the neighborhoods in Texas.

Welcome Valley is a remote neighborhood (based on population density) located in Stephenville, Texas.

Welcome Valley real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Welcome Valley neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Welcome Valley has a 11.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.3% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (6.7%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

In a nation where 1 out of every 4 children lives in poverty, the Welcome Valley neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, if you're nearing retirement age, or in retirement, the Welcome Valley is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 7.5% of retiree-friendly neighborhoods in Texas, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Texas. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for college students and families with school-aged children.

Real Estate

This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 33 people per square mile living here, this neighborhood is less crowded than 92.1% of America.

Diversity

Did you know that the Welcome Valley neighborhood has more Canadian and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.9% of this neighborhood's residents have Canadian ancestry and 0.7% have Brazilian ancestry.

The Neighbors

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 Welcome Valley neighborhood in Stephenville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 61.9% 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.

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 Welcome Valley neighborhood, 46.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 21.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.1%), and 16.0% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Welcome Valley neighborhood is English, spoken by 93.3% of households. Some people also speak Spanish (3.2%).

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 Welcome Valley neighborhood in Stephenville, TX, residents most commonly identify their ethnicity or ancestry as English (19.9%). There are also a number of people of German ancestry (7.9%), and residents who report Irish roots (6.3%), and some of the residents are also of Scottish ancestry (3.9%), along with some Canadian ancestry residents (1.9%), among others.

Getting to Work

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 Welcome Valley neighborhood spend under 15 minutes commuting one-way to work (54.3% of working residents), one of the shortest commutes across America.

Here most residents (81.5%) 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 (9.8%) . 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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