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Real Estate Prices & Overview

Colorado Crossing median real estate price is $333,402, which is more expensive than 62.1% of the neighborhoods in Texas and 47.4% of the neighborhoods in the U.S.

The average rental price in Colorado Crossing is currently $2,815, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 91.1% of the neighborhoods in Texas.

Colorado Crossing is a suburban neighborhood (based on population density) located in Austin, Texas.

Colorado Crossing real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Colorado Crossing neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Colorado Crossing are 4.7%, which is lower than one will find in 68.5% of American neighborhoods. Demand for real estate in Colorado Crossing 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.

Real Estate

Homes built from 2000 through today make up a higher proportion of the Colorado Crossing neighborhood's real estate landscape than 97.2% 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, 78.3% of the residential real estate here is classified as newer.

People

Colorado Crossing is ranked among the top 7.1% of neighborhoods for first-time home buyers to consider in the state of Texas according to NeighborhoodScout's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Colorado Crossing neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for highly educated executives.

Diversity

Did you know that the Colorado Crossing neighborhood has more Czechoslovakian and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.6% of this neighborhood's residents have Czechoslovakian ancestry and 62.5% have Mexican 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 Colorado Crossing neighborhood in Austin are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 79.4% of the neighborhoods in America. In addition, 4.3% 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 66.9% 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 Colorado Crossing neighborhood, 42.8% 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 28.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.3%), and 11.7% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Colorado Crossing neighborhood is English, spoken by 64.1% of households. Some people also speak Spanish (34.8%).

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 Colorado Crossing neighborhood in Austin, TX, residents most commonly identify their ethnicity or ancestry as Mexican (62.5%). There are also a number of people of German ancestry (8.2%), and residents who report Irish roots (2.9%), and some of the residents are also of English ancestry (2.2%), along with some Asian ancestry residents (1.6%), among others. In addition, 15.0% 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 Colorado Crossing neighborhood spend between 30 and 45 minutes commuting one-way to work (44.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (78.0%) drive alone in a private automobile to get to work. 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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Economics & Demographics include:
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Crime includes:
Neighborhood Crime Index
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Schools include:
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