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Real Estate Prices & Overview

Riverbend median real estate price is $344,844, which is more expensive than 57.0% of the neighborhoods in Texas and 45.3% of the neighborhoods in the U.S.

The average rental price in Riverbend is currently $1,392, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.7% of Texas neighborhoods.

Riverbend is a suburban neighborhood (based on population density) located in Fort Worth, Texas.

Riverbend real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Riverbend neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Riverbend has a 11.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.4% 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.

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.

Modes of Transportation

In the Riverbend neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 34.8% of commuters carpool here, which is more than in 99.5% of all U.S. neighborhoods.

Occupations

More people work in manufacturing and as laborers here in the Riverbend neighborhood than in 99.4% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Diversity

Did you know that the Riverbend neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 58.0% of this neighborhood's residents have Mexican ancestry.

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 Riverbend 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 62.2% of U.S. neighborhoods. In addition, 3.9% 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 68.3% 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 Riverbend neighborhood, 53.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 28.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.0%), and 2.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Riverbend neighborhood is Spanish, spoken by 54.0% of households. Some people also speak English (46.0%).

Ethnicity / Ancestry

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 Riverbend neighborhood in Fort Worth, TX, residents most commonly identify their ethnicity or ancestry as Mexican (58.0%). There are also a number of people of English ancestry (9.4%), and residents who report Irish roots (5.0%), and some of the residents are also of German ancestry (2.3%), along with some French ancestry residents (1.5%), among others. In addition, 25.6% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Riverbend neighborhood spend between 15 and 30 minutes commuting one-way to work (52.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (55.8%) 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 (34.8%) . 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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