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Real Estate Prices & Overview

Stonecrest Estates / Palos Verdes Estates median real estate price is $294,923, which is more expensive than 54.8% of the neighborhoods in Texas and 41.2% of the neighborhoods in the U.S.

The average rental price in Stonecrest Estates / Palos Verdes Estates is currently $2,066, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.5% of the neighborhoods in Texas.

Stonecrest Estates / Palos Verdes Estates is a suburban neighborhood (based on population density) located in Mesquite, Texas.

Stonecrest Estates / Palos Verdes Estates real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Stonecrest Estates / Palos Verdes Estates 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.

Home and apartment vacancy rates are 8.9% in Stonecrest Estates / Palos Verdes Estates. NeighborhoodScout analysis shows that this rate is lower than 43.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Mesquite, the Stonecrest Estates / Palos Verdes Estates neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Significantly, 3.6% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 96.7% 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 Stonecrest Estates / Palos Verdes Estates neighborhood in Mesquite are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 56.6% of the neighborhoods in America. With 23.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.7% of U.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 Stonecrest Estates / Palos Verdes Estates neighborhood, 34.1% 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 24.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.5%), and 19.4% in clerical, assistant, and tech support occupations.

Languages

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 Stonecrest Estates / Palos Verdes Estates neighborhood is English, spoken by 57.9% of households. Other important languages spoken here include Spanish, Tagalog (the first language of the Philippine region) and African languages.

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 Stonecrest Estates / Palos Verdes Estates neighborhood in Mesquite, TX, residents most commonly identify their ethnicity or ancestry as Mexican (33.4%). There are also a number of people of Irish ancestry (8.1%), and residents who report English roots (7.4%), and some of the residents are also of Asian ancestry (6.7%), along with some German ancestry residents (4.1%), among others. In addition, 24.1% of the residents of this neighborhood were born in another country.

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 Stonecrest Estates / Palos Verdes Estates neighborhood spend between 30 and 45 minutes commuting one-way to work (39.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (74.3%) 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 (9.5%) . 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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