Real Estate Prices and Overview
Five Palms Dr / Old Pearsall Rd median real estate prices are $79,665, which is less expensive than 74.6% of Texas neighborhoods
and 86.2% of all U.S. neighborhoods.
Average rental prices in Five Palms Dr / Old Pearsall Rd are currently
$872, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 50.4% of Texas neighborhoods.
Five Palms Dr / Old Pearsall Rd is an urban neighborhood (based on population
density) located in San Antonio, Texas.
Five Palms Dr / Old Pearsall Rd real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the Five Palms Dr / Old Pearsall Rd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Five Palms Dr / Old Pearsall Rd has a 12.1% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
63.5% of American neighborhoods). This could either
signal that there is weak demand for real estate in the neighborhood,
or that much of the housing stock is seasonally occupied,
which can occur in some markets dominated by colleges or vacation homes.
Either way, 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
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 San Antonio,
the Five Palms Dr / Old Pearsall Rd 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 Five Palms Dr / Old Pearsall Rd neighborhood has more
Mexican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 72.4% of
this neighborhood's residents have Mexican ancestry.
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 Five Palms Dr / Old Pearsall Rd neighborhood in San Antonio are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 72.5% of U.S. neighborhoods.
With 50.6% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 91.1%
of U.S. neighborhoods.
The Neighbors: Occupations
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 Five Palms Dr / Old Pearsall Rd neighborhood, 36.3%
of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is
clerical, assistant, and tech support occupations, with 26.6% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(21.3%), and 15.7% in executive, management, and professional occupations.
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 Five Palms Dr / Old Pearsall Rd neighborhood in San Antonio, TX, residents
most commonly identify their ethnicity or ancestry as Mexican
(72.4%). There are also a number of people of German ancestry (4.6%) , and residents who report Irish roots (2.1%) . In addition, 15.7% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The most common language spoken in the Five Palms Dr / Old Pearsall Rd
neighborhood is Spanish, spoken by 51.7% of households. Some people also speak English (47.2%).
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 Five Palms Dr / Old Pearsall Rd neighborhood spend
between 15 and 30 minutes commuting one-way to work (38.7% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (82.7%) 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 (10.1%) and 6.7% of residents also ride the bus 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.