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Real Estate Prices & Overview

Colonies / Greenways median real estate price is $633,228, which is more expensive than 88.8% of the neighborhoods in Texas and 76.5% of the neighborhoods in the U.S.

The average rental price in Colonies / Greenways is currently $1,666, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.5% of Texas neighborhoods.

Colonies / Greenways is a suburban neighborhood (based on population density) located in Amarillo, Texas.

Colonies / Greenways 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 Colonies / Greenways neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 8.6% in Colonies / Greenways. NeighborhoodScout analysis shows that this rate is lower than 45.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

People

Of note is NeighborhoodScout's research finding that the Colonies / Greenways neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Colonies / Greenways community truly stands out from the rest in this regard.

In addition, if you are planning to retire in Texas, this neighborhood should be on your must-see list. For many reasons, Colonies / Greenways may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Texas, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.0% of neighborhoods in TX. If a Texas retirement is in your future, this neighborhood should be one of the places you visit.

Real Estate

Homes built from 2000 through today make up a higher proportion of the Colonies / Greenways neighborhood's real estate landscape than 98.7% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 89.2% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

Occupations

Executives, managers and professionals make up 72.8% of the workforce in the Colonies / Greenways neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 96.8% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

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 Colonies / Greenways 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 78.0% 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 100.0% 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 Colonies / Greenways neighborhood, 72.8% 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 17.8% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (6.5%), and 6.4% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Colonies / Greenways neighborhood is English, spoken by 92.3% of households. Some people also speak Spanish (5.0%).

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 Colonies / Greenways neighborhood in Amarillo, TX, residents most commonly identify their ethnicity or ancestry as German (17.7%). There are also a number of people of English ancestry (9.4%), and residents who report Irish roots (7.3%), and some of the residents are also of Mexican ancestry (6.2%), along with some Asian ancestry residents (6.1%), among others.

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 Colonies / Greenways neighborhood spend between 15 and 30 minutes commuting one-way to work (58.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (81.2%) 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 (8.9%) . 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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Crime includes:
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