When you see a neighborhood for the first time, the most important thing
is often the way it looks, like its homes and its setting. Some places look
the same, but they only reveal their true character after living in them for
a while because they contain a unique mix of occupational or cultural groups.
This neighborhood is very unique in some important ways, according to
NeighborhoodScout's exclusive exploration and analysis.
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 1.0% of America's neighborhoods are wealthier than the
Coit Rd / Quincy Ln 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,
Coit Rd / Quincy Ln also has one of the lowest ratings of child
poverty in the nation.
In addition, a majority of the adults in the Coit Rd / Quincy Ln 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 99.6%
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, urban sophisticates and college students.
Also, do you like to read, write, and learn? Are you curious about the world? If
so, this neighborhood may be a good fit for you. NeighborhoodScout's research
revealed that a full 77.5% of the adults living in the
Coit Rd / Quincy Ln neighborhood have earned at least a bachelor's
degree. This is a higher rate than NeighborhoodScout found in 98.4%
of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Notable & Unique: Occupations
The Coit Rd / Quincy Ln neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
98.3% of the neighborhoods in American. In fact, 71.0%
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 / Quincy Ln neighborhood has more
Asian and South American ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 25.6% of
this neighborhood's residents have Asian ancestry and 4.4% have South American ancestry.
Coit Rd / Quincy Ln is also pretty special linguistically. Significantly, 9.4% 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 98.1% of the neighborhoods in America.
Notable & Unique: Migration / Stability
The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
More residents of the Coit Rd / Quincy Ln neighborhood live here
today that also were living in this same neighborhood five years ago
than is found in 95.9% of U.S. neighborhoods. This neighborhood
is really made up of people who know each other, don't move often, and
have lived here in this very neighborhood for quite a while.
Notable & Unique: Real Estate
In addition, real estate in the Coit Rd / Quincy Ln neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 97.5% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood. With a real estate vacancy rate of only 0.0%, the Coit Rd / Quincy Ln 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.
Furthermore, one way that the Coit Rd / Quincy Ln neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.9% 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.
Also of note, 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 Coit Rd / Quincy Ln 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 99.3% of all American neighborhoods.
Finally, most neighborhoods are composed of a mixture of ages of homes, but the Coit Rd / Quincy Ln 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, 95.3% of the residential real estate here was built in this one time period.