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Real Estate Prices & Overview

Pecan Plantation median real estate price is $467,098, which is more expensive than 80.6% of the neighborhoods in Texas and 65.6% of the neighborhoods in the U.S.

The average rental price in Pecan Plantation is currently $2,874, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.0% of the neighborhoods in Texas.

Pecan Plantation is a rural neighborhood (based on population density) located in Granbury, Texas.

Pecan Plantation real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Pecan Plantation 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.

Real estate vacancies in Pecan Plantation are 3.5%, which is lower than one will find in 77.2% of American neighborhoods. Demand for real estate in Pecan Plantation 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 Granbury, the Pecan Plantation neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Pecan Plantation neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Pecan Plantation community truly stands out from the rest in this regard.

In addition, if you are planning to retire in Texas, this neighborhood should be on your must-see list. For many reasons, Pecan Plantation may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Texas, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.5% of neighborhoods in TX. If a Texas retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for families with school-aged children and highly educated executives.

Also, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Pecan Plantation neighborhood may actually hold the key. 73.2% of its residents are married, which is a higher percentage than is found in 98.3% of the neighborhoods in America.

Real Estate

The Pecan Plantation neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 99.3% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 98.1% of all neighborhoods in America.

In addition, owner-occupied real estate dominates the Pecan Plantation neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 97.7% of neighborhoods in America.

Occupations

The Pecan Plantation neighborhood has a greater proportion of government workers living in it than 97.6% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

Diversity

Did you know that the Pecan Plantation neighborhood has more Dutch and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.7% of this neighborhood's residents have Dutch ancestry and 22.1% have English ancestry.

Pecan Plantation is also pretty special linguistically. Significantly, 2.1% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 96.6% of the neighborhoods in America.

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 Pecan Plantation neighborhood in Granbury are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 74.2% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Pecan Plantation neighborhood, 49.6% 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 government jobs, whether they are in local, state, or federal positions (15.9%), and 14.3% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Pecan Plantation neighborhood is English, spoken by 96.6% of households. Some people also speak German/Yiddish (2.1%).

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 Pecan Plantation neighborhood in Granbury, TX, residents most commonly identify their ethnicity or ancestry as English (22.1%). There are also a number of people of German ancestry (11.6%), and residents who report Irish roots (10.5%), and some of the residents are also of Dutch ancestry (4.7%), along with some Scottish ancestry residents (3.8%), 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 Pecan Plantation neighborhood spend between 45 minutes and one hour commuting one-way to work (54.8% of working residents), longer and tougher than most commutes in America.

Here most residents (77.9%) drive alone in a private automobile to get to work. 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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