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Real Estate Prices & Overview

East Riverside North median real estate price is $387,450, which is more expensive than 72.4% of the neighborhoods in Texas and 56.4% of the neighborhoods in the U.S.

The average rental price in East Riverside North is currently $2,509, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 84.6% of the neighborhoods in Texas.

East Riverside North is an urban neighborhood (based on population density) located in Austin, Texas.

East Riverside North 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the East Riverside North 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 6.4% in East Riverside North. NeighborhoodScout analysis shows that this rate is lower than 57.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Austin, the East Riverside North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the East Riverside North neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, one of the most interesting things about the East Riverside North neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 68.1% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.7% of the neighborhoods in America.

Also, the rate of college educated adults in the East Riverside North neighborhood is a unique characteristic of the neighborhood. 79.0% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 97.5% of all U.S. neighborhoods.

Finally, if you're looking for an active nightlife with lots of opportunities to flirt and find romance, then you probably won't have to go too far from the East Riverside North neighborhood to find it. Only 4.1% of the neighborhoods in the country have a larger proportion of young, single professionals. The nightlife may not be reminiscent of a "Sex and the City" episode, but the people who live here find friendship, romance, fun, and socializing readily available.

Real Estate

The East Riverside North neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 95.6% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

In addition, one of the really unique and interesting things about the look and setting of the East Riverside North neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 93.9% 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 98.8% of all neighborhoods in America.

Furthermore, renter-occupied real estate is dominant in the East Riverside North neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 97.4%, which is higher than 98.6% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Also of note, if you like the look and ambience of new homes and newly built neighborhoods, you will love the East Riverside North neighborhood. A whopping 67.0% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.2% of the neighborhoods in the U.S. Everything here just feels new.

Modes of Transportation

A unique way of commuting is simply not to. And in the East Riverside North neighborhood, analysis shows that 33.3% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 98.3% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 2.7% of residents in the East Riverside North neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 95.2% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the East Riverside North neighborhood. In the East Riverside North neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.4% 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 East Riverside North neighborhood has more Swiss and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.4% of this neighborhood's residents have Swiss ancestry and 1.8% have Finnish ancestry.

East Riverside North is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 96.1% 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 East Riverside North 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 76.7% 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 East Riverside North neighborhood, 63.3% 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 28.4% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (5.2%), and 4.9% in manufacturing and laborer occupations.

Languages

The most common language spoken in the East Riverside North neighborhood is English, spoken by 75.3% of households. Some people also speak Spanish (16.7%).

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 East Riverside North neighborhood in Austin, TX, residents most commonly identify their ethnicity or ancestry as Mexican (17.5%). There are also a number of people of English ancestry (9.7%), and residents who report German roots (8.5%), and some of the residents are also of Irish ancestry (8.4%), along with some Italian ancestry residents (7.7%), among others. In addition, 19.6% of the residents of this neighborhood were born in another country.

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 East Riverside North neighborhood spend between 15 and 30 minutes commuting one-way to work (47.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (36.2%) 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 (18.1%) and 8.2% 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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