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Real Estate Prices & Overview

City Center / The University of Texas at Arlington median real estate price is $358,816, which is more expensive than 68.1% of the neighborhoods in Texas and 52.4% of the neighborhoods in the U.S.

The average rental price in City Center / The University of Texas at Arlington is currently $1,642, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.2% of Texas neighborhoods.

City Center / The University of Texas at Arlington is an urban neighborhood (based on population density) located in Arlington, Texas.

City Center / The University of Texas at Arlington real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the City Center / The University of Texas at Arlington neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

City Center / The University of Texas at Arlington has a 12.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.7% 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.

People

An extraordinary 59.3% of the residents of the City Center / The University of Texas at Arlington neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

In addition, one of the unique characteristics of the City Center / The University of Texas at Arlington neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.9% of the neighborhoods in America.

Also, the City Center / The University of Texas at Arlington neighborhood stands out within Texas for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 7.8% of college-friendly places to live in TX.

Modes of Transportation

More people in City Center / The University of Texas at Arlington choose to walk to work each day (31.6%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Real Estate

96.1% of the real estate in the City Center / The University of Texas at Arlington neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, one of the really unique and interesting things about the look and setting of the City Center / The University of Texas at Arlington neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 74.4% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.8% of all neighborhoods in America.

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 City Center / The University of Texas at Arlington neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.2% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the City Center / The University of Texas at Arlington neighborhood has more Iranian and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Iranian ancestry and 1.0% have Canadian ancestry.

City Center / The University of Texas at Arlington is also pretty special linguistically. Significantly, 9.9% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 99.2% of the neighborhoods in America.

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 Center / The University of Texas at Arlington neighborhood in Arlington are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.9% of U.S. neighborhoods. With 17.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.1% of U.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 City Center / The University of Texas at Arlington neighborhood, 36.0% 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 executive, management, and professional occupations, with 32.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.0%), and 14.6% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the City Center / The University of Texas at Arlington neighborhood is English, spoken by 62.1% of households. Other important languages spoken here include Spanish, Langs. of India, African languages and Chinese.

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 City Center / The University of Texas at Arlington neighborhood in Arlington, TX, residents most commonly identify their ethnicity or ancestry as Asian (21.1%). There are also a number of people of Mexican ancestry (11.2%), and residents who report Irish roots (9.6%), and some of the residents are also of German ancestry (9.0%), along with some Sub-Saharan African ancestry residents (4.5%), among others. In addition, 27.5% of the residents of this neighborhood were born in another country.

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 Center / The University of Texas at Arlington neighborhood spend under 15 minutes commuting one-way to work (44.1% of working residents), one of the shortest commutes across America.

Here most residents (44.3%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (31.6%) and 6.1% of residents also carpool with coworkers, friends, or neighbors 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.


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