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Real Estate Prices & Overview

Padre Island Southwest median real estate price is $740,091, which is more expensive than 82.7% of the neighborhoods in Texas and 75.0% of the neighborhoods in the U.S.

The average rental price in Padre Island Southwest is currently $3,237, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 91.9% of the neighborhoods in Texas.

Padre Island Southwest is a suburban neighborhood (based on population density) located in Corpus Christi, Texas. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Padre Island Southwest real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Padre Island Southwest neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Padre Island Southwest. The current real estate vacancy rate here is 31.1%. This is higher than the rate of vacancies in 94.8% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (19.7%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

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

Padre Island Southwest is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Padre Island Southwest is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

People

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

In addition, if you are planning to retire in Texas, this neighborhood should be on your must-see list. For many reasons, Padre Island Southwest may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Texas, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.6% of neighborhoods in TX. If a Texas retirement is in your future, this neighborhood should be one of the places you visit.

Modes of Transportation

While most Americans do drive to work alone each day, the Padre Island Southwest neighborhood stands out by having 94.5% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 99.0% of all American neighborhoods.

Diversity

Did you know that the Padre Island Southwest neighborhood has more Scottish and Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.1% of this neighborhood's residents have Scottish ancestry and 10.2% have Scots-Irish ancestry.

Padre Island Southwest is also pretty special linguistically. Significantly, 1.1% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 95.2% 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 Padre Island Southwest neighborhood in Corpus Christi are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 71.6% 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.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Padre Island Southwest neighborhood, 63.0% 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 24.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (8.5%), and 3.7% in clerical, assistant, and tech support 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 Padre Island Southwest neighborhood is English, spoken by 88.5% of households. Other important languages spoken here include Spanish 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 Padre Island Southwest neighborhood in Corpus Christi, TX, residents most commonly identify their ethnicity or ancestry as German (48.2%). There are also a number of people of Scottish ancestry (26.1%), and residents who report Mexican roots (18.4%), and some of the residents are also of English ancestry (15.2%), along with some Irish ancestry residents (13.0%), among others.

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 Padre Island Southwest neighborhood spend between 15 and 30 minutes commuting one-way to work (77.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (94.5%) 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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