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Real Estate Prices & Overview

W Rundberg Ln / Collinfield Dr median real estate price is $597,108, which is more expensive than 89.3% of the neighborhoods in Texas and 76.2% of the neighborhoods in the U.S.

The average rental price in W Rundberg Ln / Collinfield Dr is currently $1,662, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.8% of Texas neighborhoods.

W Rundberg Ln / Collinfield Dr is a densely urban neighborhood (based on population density) located in Austin, Texas.

W Rundberg Ln / Collinfield Dr 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the W Rundberg Ln / Collinfield Dr neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in W Rundberg Ln / Collinfield Dr are 5.3%, which is lower than one will find in 64.5% of American neighborhoods. Demand for real estate in W Rundberg Ln / Collinfield 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.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the W Rundberg Ln / Collinfield Dr neighborhood has more single mother households than 96.5% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the W Rundberg Ln / Collinfield Dr neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.0% of all American neighborhoods.

Diversity

Did you know that the W Rundberg Ln / Collinfield Dr neighborhood has more Yugoslav and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.9% of this neighborhood's residents have Yugoslav ancestry and 6.0% have Cuban ancestry.

W Rundberg Ln / Collinfield Dr is also pretty special linguistically. Significantly, 1.4% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 98.2% of the neighborhoods in America.

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 W Rundberg Ln / Collinfield Dr neighborhood in Austin are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.5% of U.S. neighborhoods. With 46.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.7% 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 W Rundberg Ln / Collinfield Dr neighborhood, 39.1% 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 manufacturing and laborer occupations, with 23.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (20.9%), and 15.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the W Rundberg Ln / Collinfield Dr neighborhood is Spanish, spoken by 54.1% of households. Some people also speak English (40.8%).

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 W Rundberg Ln / Collinfield Dr neighborhood in Austin, TX, residents most commonly identify their ethnicity or ancestry as Mexican (33.1%). There are also a number of people of German ancestry (7.2%), and residents who report Cuban roots (6.0%), and some of the residents are also of Irish ancestry (5.3%), along with some Sub-Saharan African ancestry residents (2.7%), among others. In addition, 39.5% 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 W Rundberg Ln / Collinfield Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (56.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (62.1%) 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 (17.3%) and 9.6% of residents also hop out the door and walk to work 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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