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Real Estate Prices & Overview

Medical Center median real estate price is $215,782, which is less expensive than 68.2% of Texas neighborhoods and 77.7% of all U.S. neighborhoods.

The average rental price in Medical Center is currently $1,894, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.6% of Texas neighborhoods.

Medical Center is a suburban neighborhood (based on population density) located in San Antonio, Texas.

Medical Center real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Medical Center 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.

Medical Center has a 15.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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 San Antonio, the Medical Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The Medical Center neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 96.4% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

In addition, one of the really unique and interesting things about the look and setting of the Medical Center neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 95.0% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.0% of all neighborhoods in America.

Furthermore, 94.7% of the real estate in the Medical Center neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

People

One of the most interesting things about the Medical Center neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 54.6% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 97.4% of the neighborhoods in America.

Modes of Transportation

More people in Medical Center choose to walk to work each day (13.8%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Medical Center neighborhood. In the Medical Center neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.2% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Medical Center neighborhood has more Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.0% of this neighborhood's residents have Swiss ancestry.

Medical Center is also pretty special linguistically. Significantly, 3.6% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 97.7% of the neighborhoods in America.

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 Medical Center neighborhood in San Antonio are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 82.2% of U.S. neighborhoods. With 46.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.8% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Medical Center neighborhood, 59.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 19.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.6%), and 7.3% in manufacturing and laborer 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 Medical Center neighborhood is English, spoken by 61.5% of households. Other important languages spoken here include Spanish, Chinese, African languages and Vietnamese.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Medical Center neighborhood in San Antonio, TX, residents most commonly identify their ethnicity or ancestry as Mexican (31.0%). There are also a number of people of Asian ancestry (23.5%), and residents who report Irish roots (6.4%), and some of the residents are also of German ancestry (5.8%), along with some English ancestry residents (5.0%), among others. In addition, 30.1% 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 Medical Center neighborhood spend under 15 minutes commuting one-way to work (50.9% of working residents), one of the shortest commutes across America.

Here most residents (69.8%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (13.8%) and 7.2% of residents also carpool with coworkers, friends, or neighbors 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.


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