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 Lewisville,
the Valley Pky / W Corporate Dr neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
Wealth makes most things in life easier, and a few things harder.
If you are wealthy and enjoy keeping up with the Jones', this neighborhood
will interest you. In fact, according to NeighborhoodScout's research,
the Valley Pky / W Corporate Dr neighborhood is wealthier than 95.2%
of the neighborhoods in the United States. Residents here are truly in
a unique situation even when compared to other Americans, based on the
sheer amount of wealth concentrated here. Even in times of economic
downturn, residents of this neighborhood, as a group, suffered less
and recovered more quickly. This is indeed a stand-out characteristic
of this neighborhood.
As one would expect in a considerably wealthy neighborhood such as this,
Valley Pky / W Corporate Dr also has one of the lowest ratings of child
poverty in the nation.
In addition, 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 Valley Pky / W Corporate Dr neighborhood may actually hold
the key. 68.7% of its residents are married, which is a higher
percentage than is found in 97.7% of the neighborhoods
Notable & Unique: Modes of Transportation
Our research reveals that 95.2% of commuters who live in the
Valley Pky / W Corporate Dr neighborhood get to work each day by driving
alone in their automobiles, which is a higher proportion than
98.1% of U.S. neighborhoods.
Notable & Unique: Diversity
Did you know that the Valley Pky / W Corporate Dr neighborhood has more
Brazilian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.1% of
this neighborhood's residents have Brazilian ancestry.
Valley Pky / W Corporate Dr is also pretty special linguistically. Significantly, 1.5% of its residents five years old and above primarily
speak Portuguese at home. While this may seem like a small percentage, it is higher
than 97.0% of the neighborhoods in America.
Notable & Unique: Real Estate
In addition, owner-occupied real estate dominates the Valley Pky / W Corporate Dr neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 98.0% of neighborhoods in America. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Valley Pky / W Corporate Dr neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
Furthermore, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Valley Pky / W Corporate Dr neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 99.1% of all American neighborhoods.
Also of note, most neighborhoods are composed of a mixture of ages of homes, but the Valley Pky / W Corporate Dr stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 91.5% of the residential real estate here was built in this one time period.