Real Estate Prices and Overview
Melody Hills median real estate prices are $75,684, which is less expensive than 77.5% of Texas neighborhoods
and 88.2% of all U.S. neighborhoods.
Average rental prices in Melody Hills are currently
$728, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 72.2% of Texas neighborhoods.
Melody Hills is a rural neighborhood (based on population
density) located in Fort Worth, Texas.
Melody Hills real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the Melody Hills neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in
Melody Hills. The current real estate vacancy rate here is 23.8%.
This is higher than the rate of vacancies in 89.7% of
all U.S. neighborhoods. This can sometimes be the case in neighborhoods
dominated by seasonal homes (such as vacation areas), and occasionally
it is also found in neighborhoods that are primarily filled with college
students, as some apartments could be vacant when school is not in session.
But often neighborhoods with vacancy rates this high are places that
can be plagued by a protracted vacancy problem. If you live here, you
may find that a number of buildings in your neighborhood are actually empty.
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.
Notable & Unique: Modes of Transportation
Our research shows that more people carpool to work here in the
Melody Hills (58.4%) than in 99.9% of the
neighborhoods in America.
Notable & Unique: Migration/Stability
Do you like to be surrounded by people from all over the country or world,
with different perspectives and life experiences? Or do you instead prefer
to be in a neighborhood where most residents have lived there for a long
time, creating a sense of cohesiveness? NeighborhoodScout's analysis
reveals that this neighborhood stands out among American neighborhoods
for the uniqueness of the mobility of its residents.
In the Melody Hills 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.
Notable & Unique: Occupations
More people work in manufacturing and as laborers here in the Melody Hills
neighborhood than in 98.5% of the neighborhoods in America. Despite
the loss of manufacturing jobs across the nation, this neighborhood remains
a place where, compared to other parts of the country, you will find many
laborers and manufacturers.
Notable & Unique: People
NeighborhoodScout's exclusive research revealed that 97.2%
of the adult residents in the Melody Hills neighborhood do
not have a 4-year college degree, which is a lower rate of college graduated
adults than found in 98.0% of the neighborhoods in America.
Notable & Unique: Diversity
Did you know that the Melody Hills neighborhood has more
Mexican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 59.0% of
this neighborhood's residents have Mexican ancestry.
The Neighbors: Income
There are two complimentary 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 Melody Hills neighborhood in Fort Worth are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 88.1% of U.S. neighborhoods.
With 49.5% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 90.5%
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 Melody Hills neighborhood, 45.9%
of the working population is employed in manufacturing and laborer 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 28.1% of the residents employed.
Other residents here are employed in executive, management, and professional occupations
(21.1%), and 4.9% in government jobs, whether they are in local, state, or federal positions.
The Neighbors: Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves,
Los Angeles' Persian neighborhoods. Each has its own culture derived primarily
from the ancestries and culture of the residents who call these neighborhoods
home. Likewise, each neighborhood in America has its own culture – some more
unique than others – based on lifestyle, occupations, the types of households
– and importantly – on the ethnicities and ancestries of the people who live
in the neighborhood. Understanding where people came from, who their grandparents
or great-grandparents were, can help you understand how a neighborhood is today.
In the Melody Hills neighborhood in Fort Worth, TX, residents
most commonly identify their ethnicity or ancestry as Mexican
(59.0%). There are also a number of people of English ancestry (8.4%) , and residents who report German roots (5.3%) , and some of the residents are also of Irish ancestry (3.3%) . In addition, 13.5% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The most common language spoken in the Melody Hills
neighborhood is English, spoken by 68.0% of households. Some people also speak Spanish (30.3%).
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 Melody Hills neighborhood spend
between 30 and 45 minutes commuting one-way to work (43.2% of working
residents), which is at or a bit above the average length of a commute across all U.S.
Here most residents (58.4%) carpool with coworkers, friends, or neighbors to get to work.
In addition, quite a number also drive alone in a private automobile to get to work (41.6%) . Despite relying on the automobile to get to work, residents of this neighborhood
share the ride more than most neighborhoods, reducing traffic, pollution, and saving money.