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Real Estate Prices & Overview

Mesquite St / Lake Park Dr median real estate price is $189,589, which is less expensive than 67.4% of Texas neighborhoods and 76.2% of all U.S. neighborhoods.

The average rental price in Mesquite St / Lake Park Dr is currently $1,959, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.2% of Texas neighborhoods.

Mesquite St / Lake Park Dr is a suburban neighborhood (based on population density) located in Wichita Falls, Texas.

Mesquite St / Lake Park Dr real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Mesquite St / Lake Park Dr neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Mesquite St / Lake Park Dr are 5.4%, which is lower than one will find in 65.2% of American neighborhoods. Demand for real estate in Mesquite St / Lake Park Dr is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Modes of Transportation

In the Mesquite St / Lake Park Dr neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 26.2% of commuters carpool here, which is more than in 97.8% of all U.S. neighborhoods.

People

With more than 1.8% of residents living with a same sex partner, Mesquite St / Lake Park Dr is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.3% of U.S. neighborhoods.

Diversity

Did you know that the Mesquite St / Lake Park Dr neighborhood has more Lebanese and French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.2% of this neighborhood's residents have Lebanese ancestry and 5.1% have French Canadian 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 Mesquite St / Lake Park Dr neighborhood in Wichita Falls are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 65.6% of the neighborhoods in America. In addition, 2.0% 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 75.5% of America's neighborhoods.

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 sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Mesquite St / Lake Park Dr neighborhood, 32.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 29.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.0%), and 18.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Mesquite St / Lake Park Dr neighborhood is English, spoken by 95.2% of households. Some people also speak Spanish (3.3%).

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 Mesquite St / Lake Park Dr neighborhood in Wichita Falls, TX, residents most commonly identify their ethnicity or ancestry as Irish (16.1%). There are also a number of people of German ancestry (15.4%), and residents who report Mexican roots (10.8%), and some of the residents are also of English ancestry (8.7%), along with some French Canadian ancestry residents (5.1%), among others.

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 Mesquite St / Lake Park Dr neighborhood spend under 15 minutes commuting one-way to work (46.2% of working residents), one of the shortest commutes across America.

Here most residents (69.6%) 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 (26.2%) . 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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