Tech Terrace - U.N.I.T. median real estate price is $377,302, which is more expensive than 72.7% of the neighborhoods in Texas and 59.4% of the neighborhoods in the U.S.
The average rental price in Tech Terrace - U.N.I.T. is currently $1,669, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.7% of Texas neighborhoods.
Tech Terrace - U.N.I.T. is a suburban neighborhood (based on population density) located in Lubbock, Texas.
Tech Terrace - U.N.I.T. real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Tech Terrace - U.N.I.T. neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Home and apartment vacancy rates are 6.5% in Tech Terrace - U.N.I.T.. NeighborhoodScout analysis shows that this rate is lower than 58.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Lubbock, the Tech Terrace - U.N.I.T. neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 53.5% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 99.5% of U.S. neighborhoods, where the average American neighborhood has 13.1% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.
In addition, the Tech Terrace - U.N.I.T. neighborhood stands out within Texas for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 5.7% of college-friendly places to live in TX.
Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Tech Terrace - U.N.I.T. neighborhood is a fantastic option for bicycle commuters, as 4.3% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 97.5% of the neighborhoods in America.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Tech Terrace - U.N.I.T. neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Tech Terrace - U.N.I.T. neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 65.2% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.
The Tech Terrace - U.N.I.T. neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 95.7% of the neighborhoods in America. In fact, 69.7% 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.
Did you know that the Tech Terrace - U.N.I.T. neighborhood has more Greek and Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.4% of this neighborhood's residents have Greek ancestry and 3.2% have Scots-Irish ancestry.
Tech Terrace - U.N.I.T. is also pretty special linguistically. Significantly, 8.9% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 97.5% of the neighborhoods in America.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Tech Terrace - U.N.I.T. neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.8% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Tech Terrace - U.N.I.T. neighborhood in Lubbock are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.6% of U.S. neighborhoods. With 16.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.6% of U.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 Tech Terrace - U.N.I.T. neighborhood, 69.7% 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 12.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.1%), and 8.1% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Tech Terrace - U.N.I.T. neighborhood is English, spoken by 78.8% of households. Other important languages spoken here include Chinese and Spanish.
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 Tech Terrace - U.N.I.T. neighborhood in Lubbock, TX, residents most commonly identify their ethnicity or ancestry as English (18.8%). There are also a number of people of German ancestry (16.1%), and residents who report Irish roots (12.2%), and some of the residents are also of Asian ancestry (12.0%), along with some Mexican ancestry residents (6.0%), among others. In addition, 15.9% of the residents of this neighborhood were born in another country.
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 Tech Terrace - U.N.I.T. neighborhood spend under 15 minutes commuting one-way to work (65.2% of working residents), one of the shortest commutes across America.
Here most residents (65.3%) 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 (10.9%) and 9.9% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.