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Real Estate Prices & Overview

Melody Hills median real estate price is $189,633, which is less expensive than 72.5% of Texas neighborhoods and 80.4% of all U.S. neighborhoods.

The average rental price in Melody Hills is currently $1,682, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.4% of Texas neighborhoods.

Melody Hills is a rural neighborhood (based on population density) located in Fort Worth, Texas.

Melody Hills 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 Melody Hills neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Melody Hills are 3.2%, which is lower than one will find in 78.9% of American neighborhoods. Demand for real estate in Melody Hills is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

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 Fort Worth, the Melody Hills neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Melody Hills neighborhood is unique for having just 2.2% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 98.6% of America's neighborhoods.

In addition, single parenting is hard. But you don't have to tell the Melody Hills neighborhood about it; they already know. 21.1% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 97.6% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Modes of Transportation

Our research shows that more people carpool to work here in the Melody Hills (27.4%) than in 98.1% of the neighborhoods in America.

Occupations

NeighborhoodScout's exclusive research identifies the Melody Hills neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 42.6% of its working residents employed in such fields, which is a higher proportion than 95.8% of American neighborhoods.

Diversity

Did you know that the Melody Hills neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 72.8% of this neighborhood's residents have Mexican ancestry.

Melody Hills is also pretty special linguistically. Significantly, 72.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.8% of all U.S. neighborhoods.

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 Melody Hills neighborhood in Fort Worth are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.1% of U.S. neighborhoods. With 35.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.8% of U.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 Melody Hills neighborhood, 42.6% of the working population is employed in manufacturing and laborer 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 24.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.6%), and 16.2% in executive, management, and professional occupations.

Languages

The most common language spoken in the Melody Hills neighborhood is Spanish, spoken by 72.8% of households. Some people also speak English (26.3%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Melody Hills neighborhood in Fort Worth, TX, residents most commonly identify their ethnicity or ancestry as Mexican (72.8%). There are also a number of people of German ancestry (1.3%), and residents who report Sub-Saharan African roots (1.1%), and some of the residents are also of English ancestry (1.1%). In addition, 26.5% 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 Melody Hills neighborhood spend between 15 and 30 minutes commuting one-way to work (44.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (59.4%) 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 (27.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
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Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
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Public School Test Scores
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