Real Estate Prices and Overview
Abrams Rd / Royal Ln median real estate prices are $355,963, which is more expensive than 95.9% of the neighborhoods
in Texas and 83.9% of the
neighborhoods in the U.S.
Average rental prices in Abrams Rd / Royal Ln are currently
$2,187, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.5%
of the neighborhoods in Texas.
Abrams Rd / Royal Ln is a suburban neighborhood (based on population
density) located in Dallas, Texas.
Abrams Rd / Royal Ln real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes.
Most of the residential real estate is owner occupied. Many of
the residences in the Abrams Rd / Royal Ln neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Abrams Rd / Royal Ln, the current vacancy rate is 2.2%,
which is a lower rate of vacancies than 91.4% of all neighborhoods
in the U.S. This means that the housing supply in Abrams Rd / Royal Ln
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 Dallas,
the Abrams Rd / Royal Ln neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
Astoundingly, NeighborhoodScout's research reveals that this single
neighborhood has a higher concentration of married couples living here
than 99.9% of all U.S. neighborhoods. Whether they have
school-aged children or not, married couples are the rule in the
Abrams Rd / Royal Ln neighborhood. If you are a married couple, you may find many
people here with a similar lifestyle, and perhaps common interests. But if
you are single, you might not find many other singles here.
In addition, wealth makes most things in life easier, and a few things harder.
If you are wealthy and enjoy keeping up with the Jones', this neighborhood
will interest you. In fact, according to NeighborhoodScout's research,
the Abrams Rd / Royal Ln neighborhood is wealthier than 97.9%
of the neighborhoods in the United States. Residents here are truly in
a unique situation even when compared to other Americans, based on the
shear amount of wealth concentrated here. Even in times of economic
downturn, residents of this neighborhood, as a group, suffered less
and recovered more quickly. This is indeed a stand-out characteristic
of this neighborhood.
As one would expect in a considerably wealthy neighborhood such as this,
Abrams Rd / Royal Ln also has one of the lowest ratings of child
poverty in the nation.
Also, do you like to read, write, and learn? Are you curious about the world? If
so, this neighborhood may be a good fit for you. NeighborhoodScout's research
revealed that a full 80.2% of the adults living in the
Abrams Rd / Royal Ln neighborhood have earned at least a bachelor's
degree. This is a higher rate than NeighborhoodScout found in 99.1%
of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Finally, a majority of the adults in the Abrams Rd / Royal Ln neighborhood
are wealthy and educated executives. They own stately
homes that tend to maintain high real estate appreciation rates. Their
upper-level careers keep them busy, but allow them to live comfortably.
If you're an executive and want to keep similar company, consider settling
in this neighborhood, rated as an executive lifestyle
"best choice" neighborhood for Texas by NeighborhoodScout's analysis,
which rated it as better for executive lifestyles than 98.6%
of the neighborhoods in Texas.
In addition to being an excellent choice for highly educated executives, this
neighborhood is also a very good choice for urban sophisticates , families with school-aged children and active retirees.
Notable & Unique: Occupations
The Abrams Rd / Royal Ln neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
99.7% of the neighborhoods in American. In fact, 79.8%
of the employed people here make a living as an executive, a manager, or
other professional. With such a high concentration, this truly shapes
the character of this neighborhood, and to a large degree defines what
this neighborhood is about.
Notable & Unique: Diversity
Did you know that the Abrams Rd / Royal Ln neighborhood has more
Romanian and Scottish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.3% of
this neighborhood's residents have Romanian ancestry and 4.1% have Scottish ancestry.
Notable & Unique: Modes of Transportation
Our research reveals that 93.2% of commuters who live in the
Abrams Rd / Royal Ln neighborhood get to work each day by driving
alone in their automobiles, which is a higher proportion than
95.0% of U.S. neighborhoods.
Notable & Unique: Real Estate
In addition, owner-occupied real estate dominates the Abrams Rd / Royal Ln neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 99.9% of neighborhoods in America.
Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Abrams Rd / Royal Ln stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 97.3% of the residential real estate here was built in this one time period.
Also of note, this Abrams Rd / Royal Ln neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 100.0% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 99.1% of all neighborhoods in America.
Finally, one way that the Abrams Rd / Royal Ln neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.0% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
The Neighbors: Income
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 Abrams Rd / Royal Ln neighborhood in Dallas 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 97.9% 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 99.9%
of America'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 Abrams Rd / Royal Ln neighborhood, 79.8%
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 13.6% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
The Neighbors: 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 Abrams Rd / Royal Ln neighborhood in Dallas, TX, residents
most commonly identify their ethnicity or ancestry as English
(14.2%). There are also a number of people of German ancestry (11.8%) , and residents who report Irish roots (8.8%) , and some of the residents are also of Scottish ancestry (4.1%) , along with some Italian ancestry residents (3.6%), among others.
The Neighbors: Languages
The most common language spoken in the Abrams Rd / Royal Ln
neighborhood is English, spoken by 95.7% of households. Some people also speak Spanish (2.4%).
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 Abrams Rd / Royal Ln neighborhood spend
between 15 and 30 minutes commuting one-way to work (53.2% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (93.2%) 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.