Real Estate Prices and Overview
Luna Rd / Valwood Pky median real estate prices are $35,016, which is less expensive than 99.3% of Texas neighborhoods
and 99.4% of all U.S. neighborhoods.
Average rental prices in Luna Rd / Valwood Pky are currently
$109, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 99.6% of Texas neighborhoods.
Luna Rd / Valwood Pky is a rural neighborhood (based on population
density) located in Carrollton, Texas.
Luna Rd / Valwood Pky real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) mobile homes 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 Luna Rd / Valwood Pky 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.
In Luna Rd / Valwood Pky, 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 Luna Rd / Valwood Pky
is very tight compared to the demand for property here.
Notable & Unique Neighborhood Characteristics
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 Carrollton,
the Luna Rd / Valwood Pky neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Luna Rd / Valwood Pky neighborhood has more
British and Scots-Irish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 4.8% of
this neighborhood's residents have British ancestry and 5.3% have Scots-Irish ancestry.
Notable & Unique: People
If you are planning to retire in Texas, this neighborhood
should be on your must-see list. For many reasons, Luna Rd / Valwood Pky
may be considered a retiree's dream neighborhood. According to NeighborhoodScout's
exclusive analysis and metrics, it's peaceful and quiet, has above
average safety from crime compared to other neighborhoods in Texas,
while also offering a diverse range of housing options. This, along with
the vibrant mix of very educated seniors and other age groups who choose
to live here, makes the neighborhood more
retiree-friendly than 99.9% of neighborhoods in
TX. If a Texas retirement is in your future, this neighborhood
should be one of the places you visit.
In addition to being an excellent choice for active retirees, this
neighborhood is also a very good choice for college students.
In addition, of note, 100.0% of the children in this area
live in poverty; an extraordinarily high percentage compared to other
neighborhoods in the nation. In a nation where approximately one in
four children grows up in poverty, this neighborhood stands out for
the depth of the problem manifested here.
Also, Luna Rd / Valwood Pky has the amazing distinction of housing more same
sex couples living together than 98.7% of neighborhoods
in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's
analysis shows that this is one place that you should consider.
Notable & Unique: Modes of Transportation
Our research reveals that 96.2% of commuters who live in the
Luna Rd / Valwood Pky neighborhood get to work each day by driving
alone in their automobiles, which is a higher proportion than
99.1% of U.S. neighborhoods.
Notable & Unique: Occupations
The government often provides some of the more stable jobs in the economy.
From local, to state, to federal government workers, the government can
also be a major employer. What NeighborhoodScout's analysis revealed, is
that the Luna Rd / Valwood Pky neighborhood in particular stands out
when compared nationally for the proportion of its working residents who
are employed by the government. At 16.8% of its workforce, this
neighborhood has a greater concentration of government workers than
97.8% of U.S. neighborhoods.
Notable & Unique: Real Estate
Unpopulated, and rural, the Luna Rd / Valwood Pky neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 92.5% of the neighborhoods in America.
In addition, 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 Luna Rd / Valwood Pky 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.
Furthermore, the Luna Rd / Valwood Pky neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 52.1% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.3% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.
The Neighbors: Income
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 Luna Rd / Valwood Pky neighborhood in Carrollton are middle-income, making it a moderate income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 59.3% of the neighborhoods in America.
With 100.0% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 99.9%
of U.S. neighborhoods.
The Neighbors: Occupations
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 shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the Luna Rd / Valwood Pky neighborhood, 39.8%
of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is
executive, management, and professional occupations, with 31.9% of the residents employed.
Other residents here are employed in government jobs, whether they are in local, state, or federal positions
(16.8%), and 15.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The Neighbors: Ethnicity / Ancestry
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 Luna Rd / Valwood Pky neighborhood in Carrollton, TX, residents
most commonly identify their ethnicity or ancestry as English
(10.2%). There are also a number of people of French ancestry (9.6%) , and residents who report Irish roots (9.6%) , and some of the residents are also of Asian ancestry (5.7%) , along with some Scots-Irish ancestry residents (5.3%), among others.
The Neighbors: Languages
The most common language spoken in the Luna Rd / Valwood Pky
neighborhood is English, spoken by 92.0% of households. Some people also speak Spanish (8.0%).
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 Luna Rd / Valwood Pky neighborhood spend
between 30 and 45 minutes commuting one-way to work (43.3% of working
residents), which is at or a bit above the average length of a commute across all U.S.
Here most residents (96.2%) 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.