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Real Estate Prices & Overview

Rockhill Pkwy / Doe Creek Rd median real estate price is $644,177, which is more expensive than 92.3% of the neighborhoods in Texas and 79.9% of the neighborhoods in the U.S.

The average rental price in Rockhill Pkwy / Doe Creek Rd is currently $2,971, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.2% of the neighborhoods in Texas.

Rockhill Pkwy / Doe Creek Rd is a suburban neighborhood (based on population density) located in Little Elm, Texas.

Rockhill Pkwy / Doe Creek Rd 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 Rockhill Pkwy / Doe Creek Rd neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.

In Rockhill Pkwy / Doe Creek Rd, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Rockhill Pkwy / Doe Creek Rd is very tight compared to the demand for property here.

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.

Real Estate

Owner-occupied real estate dominates the Rockhill Pkwy / Doe Creek Rd neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 96.4% of neighborhoods in America. With a real estate vacancy rate of only 0.0%, the Rockhill Pkwy / Doe Creek Rd neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

In addition, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Rockhill Pkwy / Doe Creek Rd neighborhood. A whopping 97.7% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 99.8% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

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 Rockhill Pkwy / Doe Creek Rd 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 98.6% of all American neighborhoods.

Also of note, one way that the Rockhill Pkwy / Doe Creek Rd neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.6% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

People

If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 3.1% of America's neighborhoods are wealthier than the Rockhill Pkwy / Doe Creek Rd neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. As one would expect in a considerably wealthy neighborhood such as this, Rockhill Pkwy / Doe Creek Rd 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 Rockhill Pkwy / Doe Creek Rd neighborhood may actually hold the key. 80.5% of its residents are married, which is a higher percentage than is found in 99.8% of the neighborhoods in America.

Also, a majority of the adults in the Rockhill Pkwy / Doe Creek Rd neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Texas by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 99.7% of the neighborhoods in Texas. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children and urban sophisticates.

Occupations

The Rockhill Pkwy / Doe Creek Rd neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 99.7% of the neighborhoods in America. In fact, 84.8% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Rockhill Pkwy / Doe Creek Rd neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Rockhill Pkwy / Doe Creek Rd neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 20.6% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.6% of all neighborhoods in America.

Modes of Transportation

In the Rockhill Pkwy / Doe Creek Rd neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 37.9% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 99.3% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Diversity

Did you know that the Rockhill Pkwy / Doe Creek Rd neighborhood has more Asian and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.0% of this neighborhood's residents have Asian ancestry and 0.8% have Brazilian 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 Rockhill Pkwy / Doe Creek Rd neighborhood in Little Elm are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 96.9% 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.

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 Rockhill Pkwy / Doe Creek Rd neighborhood, 84.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 7.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (4.5%), and 3.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Rockhill Pkwy / Doe Creek Rd neighborhood is English, spoken by 51.5% of households. Some people also speak Spanish (17.1%).

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 Rockhill Pkwy / Doe Creek Rd neighborhood in Little Elm, TX, residents most commonly identify their ethnicity or ancestry as Asian (26.0%). There are also a number of people of Mexican ancestry (23.4%), and residents who report Sub-Saharan African roots (10.0%), and some of the residents are also of German ancestry (7.6%), along with some French ancestry residents (4.7%), among others. In addition, 36.4% 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 Rockhill Pkwy / Doe Creek Rd neighborhood spend between 30 and 45 minutes commuting one-way to work (25.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods. However, there is also a significant group of residents (20.6%) who commute over an hour in each direction.

Here most residents (57.7%) 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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