Rayzor Ranch median real estate price is $280,441, which is more expensive than 57.0% of the neighborhoods in Texas and 44.7% of the neighborhoods in the U.S.
The average rental price in Rayzor Ranch is currently $2,313, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.7% of the neighborhoods in Texas.
Rayzor Ranch is a suburban neighborhood (based on population density) located in Denton, Texas.
Rayzor Ranch real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Rayzor Ranch neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Rayzor Ranch has a 11.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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.
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.3% of residents in the Rayzor Ranch neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.3% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
NeighborhoodScout's analysis shows that the Rayzor Ranch neighborhood has a greater concentration of residents currently enrolled in college than 95.0% of the neighborhoods in the U.S. With 10.8% of the population here attending college, this is very much a college-focused neighborhood.
In addition, for many reasons, Rayzor Ranch is rated by NeighborhoodScout as one of the top 5.0% of ideal neighborhoods for first-time home buyers in the state of Texas. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other TX neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer.
Did you know that the Rayzor Ranch neighborhood has more English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.6% of this neighborhood's residents have English ancestry.
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 Rayzor Ranch neighborhood in Denton are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 66.1% of U.S. neighborhoods. With 19.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.4% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Rayzor Ranch neighborhood, 53.2% 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 18.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.7%), and 13.1% in clerical, assistant, and tech support occupations.
The most common language spoken in the Rayzor Ranch neighborhood is English, spoken by 90.2% of households. Some people also speak Spanish (8.4%).
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 Rayzor Ranch neighborhood in Denton, TX, residents most commonly identify their ethnicity or ancestry as English (20.6%). There are also a number of people of Irish ancestry (12.7%), and residents who report German roots (11.8%), and some of the residents are also of Italian ancestry (6.7%), along with some Mexican ancestry residents (6.3%), among others.
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 Rayzor Ranch neighborhood spend under 15 minutes commuting one-way to work (46.5% of working residents), one of the shortest commutes across America.
Here most residents (72.5%) 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 (8.0%) and 7.0% 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.