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Real Estate Prices & Overview

City Park median real estate price is $260,565, which is more expensive than 47.0% of the neighborhoods in Texas and 34.9% of the neighborhoods in the U.S.

The average rental price in City Park is currently $1,038, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.4% of Texas neighborhoods.

City Park is a suburban neighborhood (based on population density) located in Amarillo, Texas.

City Park 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 City Park 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.

City Park has a 11.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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.

Modes of Transportation

While most Americans do drive to work alone each day, the City Park neighborhood stands out by having 90.6% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 97.0% of all American neighborhoods.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the City Park 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, 80.6% of the residential real estate here was built in this one time period.

The Neighbors

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 City Park neighborhood in Amarillo are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 75.9% of the neighborhoods in America. In addition, 9.6% 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 51.6% of America's neighborhoods.

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 City Park neighborhood, 56.9% 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 19.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.0%), and 9.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the City Park neighborhood is English, spoken by 87.2% of households. Some people also speak Spanish (10.1%).

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 City Park neighborhood in Amarillo, TX, residents most commonly identify their ethnicity or ancestry as Mexican (17.5%). There are also a number of people of German ancestry (13.2%), and residents who report English roots (11.1%), and some of the residents are also of Irish ancestry (10.9%), along with some French ancestry residents (4.6%), 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 City Park neighborhood spend between 15 and 30 minutes commuting one-way to work (49.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (90.6%) 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 (5.4%) . 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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