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
Notable & Unique: Occupations
The Coit Rd / Hedgcoxe Rd neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
98.6% of the neighborhoods in American. In fact, 72.3%
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.
Notable & Unique: Diversity
Did you know that the Coit Rd / Hedgcoxe Rd neighborhood has more
Asian and Iranian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 40.0% of
this neighborhood's residents have Asian ancestry and 1.2% have Iranian ancestry.
Coit Rd / Hedgcoxe Rd is also pretty special linguistically. Significantly, 9.5% of its residents five years old and above primarily
speak South Asian languages at home. While this may seem like a small percentage, it is higher
than 98.9% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
In the Coit Rd / Hedgcoxe Rd neighborhood, many people's commute means
walking from the bedroom to the home office. NeighborhoodScout's analysis
found that 13.3% 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 97.4% 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.
Notable & Unique: 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 3.4% of America's neighborhoods are wealthier than the
Coit Rd / Hedgcoxe 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.
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 Coit Rd / Hedgcoxe Rd neighborhood may actually hold
the key. 66.3% of its residents are married, which is a higher
percentage than is found in 95.7% of the neighborhoods
Also, the Coit Rd / Hedgcoxe Rd neighborhood is considered a solid choice
for executive lifestyles. NeighborhoodScout's analysis ranks it as
better than 93.8% of Texas neighborhoods
for executive living, based on the wealthy, educated professionals,
executives, and managers who choose to reside here, the spacious homes
that are prominent features of the real estate in the neighborhood,
and the high real estate appreciation rates found here relative to
other neighborhoods in the state.
In addition to being an excellent choice for highly educated executives, this
neighborhood is also a very good choice for urban sophisticates and families with school-aged children.
Notable & Unique: Real Estate
In addition, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 1.2% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Coit Rd / Hedgcoxe Rd 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, one way that the Coit Rd / Hedgcoxe Rd neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.1% 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.