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Real Estate Prices & Overview

Mound median real estate price is $199,275, which is less expensive than 64.7% of Texas neighborhoods and 73.8% of all U.S. neighborhoods.

The average rental price in Mound is currently $1,517, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.9% of Texas neighborhoods.

Mound is a suburban neighborhood (based on population density) located in Gatesville, Texas.

Mound real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Mound neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

Home and apartment vacancy rates are 8.1% in Mound. NeighborhoodScout analysis shows that this rate is lower than 49.1% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Occupations

The Mound neighborhood stands out nationally for having a greater proportion of its residents active in the military than 98.5% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

People

With more than 1.8% of residents living with a same sex partner, Mound is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.3% of U.S. neighborhoods.

In addition, if you're planning where to retire, the Mound neighborhood in Gatesville is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in TX, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 85.4% of the neighborhoods in Texas. If you are considering retiring to Texas, this is a good neighborhood to look at.

Diversity

Did you know that the Mound neighborhood has more Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.2% of this neighborhood's residents have Scottish 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 Mound neighborhood in Gatesville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.1% of U.S. neighborhoods. In addition, 6.9% 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 59.4% of America'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 Mound neighborhood, 40.1% 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 36.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (14.1%), and 9.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Mound neighborhood is English, spoken by 89.2% of households. Some people also speak Spanish (10.1%).

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 Mound neighborhood in Gatesville, TX, residents most commonly identify their ethnicity or ancestry as German (18.7%). There are also a number of people of Irish ancestry (15.3%), and residents who report Mexican roots (14.2%), and some of the residents are also of English ancestry (12.9%), along with some Scottish ancestry residents (5.2%), among others.

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 Mound neighborhood spend under 15 minutes commuting one-way to work (38.5% of working residents), one of the shortest commutes across America.

Here most residents (72.1%) 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 (18.8%) . 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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