Terrace Dr / Brook Hollow median real estate price is $229,505, which is more expensive than 44.8% of the neighborhoods in Texas and 34.4% of the neighborhoods in the U.S.
The average rental price in Terrace Dr / Brook Hollow is currently $2,875, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 86.9% of the neighborhoods in Texas.
Terrace Dr / Brook Hollow is an urban neighborhood (based on population density) located in DeSoto, Texas.
Terrace Dr / Brook Hollow 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 Terrace Dr / Brook Hollow neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Terrace Dr / Brook Hollow, the current vacancy rate is 1.8%, which is a lower rate of vacancies than 88.8% of all neighborhoods in the U.S. This means that the housing supply in Terrace Dr / Brook Hollow is very tight compared to the demand for property here.
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 DeSoto, the Terrace Dr / Brook Hollow neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Did you know that the Terrace Dr / Brook Hollow neighborhood has more Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 28.8% of this neighborhood's residents have Sub-Saharan African ancestry.
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 Terrace Dr / Brook Hollow neighborhood in DeSoto are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.7% of the neighborhoods in America. In addition, 0.8% 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 79.4% of America'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 Terrace Dr / Brook Hollow neighborhood, 35.0% 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 27.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.8%), and 17.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the Terrace Dr / Brook Hollow neighborhood is English, spoken by 85.1% of households. Some people also speak Spanish (8.0%).
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 Terrace Dr / Brook Hollow neighborhood in DeSoto, TX, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (28.8%). There are also a number of people of Mexican ancestry (18.2%), and residents who report English roots (3.4%), and some of the residents are also of Norwegian ancestry (1.8%), along with some German ancestry residents (1.4%), 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 Terrace Dr / Brook Hollow neighborhood spend between 30 and 45 minutes commuting one-way to work (31.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (77.1%) 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 (6.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.