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Real Estate Prices & Overview

Shady Oaks Dr / S Woodrow Ln median real estate price is $366,764, which is more expensive than 67.4% of the neighborhoods in Texas and 52.3% of the neighborhoods in the U.S.

The average rental price in Shady Oaks Dr / S Woodrow Ln is currently $1,955, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.1% of the neighborhoods in Texas.

Shady Oaks Dr / S Woodrow Ln is a suburban neighborhood (based on population density) located in Denton, Texas.

Shady Oaks Dr / S Woodrow Ln 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 Shady Oaks Dr / S Woodrow Ln neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

In Shady Oaks Dr / S Woodrow Ln, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 85.2% of all neighborhoods in the U.S. This means that the housing supply in Shady Oaks Dr / S Woodrow Ln is very tight compared to the demand for property here.

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

100.0% of the real estate in the Shady Oaks Dr / S Woodrow Ln neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

People

Shady Oaks Dr / S Woodrow Ln has the amazing distinction of housing more same sex couples living together than 98.5% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

In addition, the Shady Oaks Dr / S Woodrow Ln neighborhood has a greater percentage of children living in poverty (59.8%) than found in 96.8% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

Also, an extraordinary 11.1% of the residents of the Shady Oaks Dr / S Woodrow Ln neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Modes of Transportation

In the Shady Oaks Dr / S Woodrow Ln neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 12.2% of residents here. This is a higher proportion of walking commuters than we found in 96.0% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Diversity

Significantly, 5.0% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 98.5% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Shady Oaks Dr / S Woodrow Ln neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.1% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Shady Oaks Dr / S Woodrow Ln neighborhood in Denton are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.9% of U.S. neighborhoods. With 59.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.8% 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 Shady Oaks Dr / S Woodrow Ln neighborhood, 28.5% 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 27.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.6%), and 21.1% 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 Shady Oaks Dr / S Woodrow Ln neighborhood is English, spoken by 73.9% of households. Other important languages spoken here include Spanish, Arabic, Italian and African languages.

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 Shady Oaks Dr / S Woodrow Ln neighborhood in Denton, TX, residents most commonly identify their ethnicity or ancestry as Mexican (21.3%). There are also a number of people of German ancestry (7.6%), and residents who report Irish roots (7.2%), and some of the residents are also of English ancestry (3.6%), along with some Sub-Saharan African ancestry residents (3.6%), among others. In addition, 12.4% 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 Shady Oaks Dr / S Woodrow Ln neighborhood spend under 15 minutes commuting one-way to work (42.8% of working residents), one of the shortest commutes across America.

Here most residents (75.5%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (12.2%) and 6.2% of residents also carpool with coworkers, friends, or neighbors 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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