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Real Estate Prices & Overview

Knott median real estate price is $164,324, which is less expensive than 74.4% of Texas neighborhoods and 81.4% of all U.S. neighborhoods.

The average rental price in Knott is currently $1,825, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.3% of Texas neighborhoods.

Knott is a remote neighborhood (based on population density) located in Big Spring, Texas.

Knott real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Knott neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Knott. The current real estate vacancy rate here is 27.1%. This is higher than the rate of vacancies in 92.8% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually 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.

Real Estate

This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 6 people per square mile living here, this neighborhood is less crowded than 98.0% of America.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Knott neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 5.2% of the workforce so employed, this neighborhood has a greater concentration of such workers than 97.0% of U.S. neighborhoods.

People

Priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Knott neighborhood may actually hold the key. 68.0% of its residents are married, which is a higher percentage than is found in 96.4% of the neighborhoods in America.

Diversity

Did you know that the Knott neighborhood has more Welsh and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.1% of this neighborhood's residents have Welsh ancestry and 2.3% have Native American ancestry.

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 Knott neighborhood in Big Spring are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 42.0% of the neighborhoods in America. With 24.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 74.0% 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 Knott neighborhood, 43.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 34.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (9.3%), and 7.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Knott neighborhood is English, spoken by 86.7% of households. Some people also speak Spanish (13.3%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Knott neighborhood in Big Spring, TX, residents most commonly identify their ethnicity or ancestry as Mexican (18.0%). There are also a number of people of Irish ancestry (13.7%), and residents who report German roots (7.9%), and some of the residents are also of English ancestry (7.5%), along with some Welsh ancestry residents (3.1%), 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 Knott neighborhood spend between 45 minutes and one hour commuting one-way to work (30.9% of working residents), longer and tougher than most commutes in America.

Here most residents (76.3%) 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 (20.2%) . 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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