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Real Estate Prices & Overview

Smithson Valley Rd / Laurie Michelle Rd median real estate price is $502,272, which is more expensive than 79.8% of the neighborhoods in Texas and 66.8% of the neighborhoods in the U.S.

The average rental price in Smithson Valley Rd / Laurie Michelle Rd is currently $3,024, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 88.5% of the neighborhoods in Texas.

Smithson Valley Rd / Laurie Michelle Rd is a suburban neighborhood (based on population density) located in San Antonio, Texas.

Smithson Valley Rd / Laurie Michelle Rd real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Smithson Valley Rd / Laurie Michelle Rd neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Smithson Valley Rd / Laurie Michelle Rd, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Smithson Valley Rd / Laurie Michelle Rd is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

Real Estate

Owner-occupied real estate dominates the Smithson Valley Rd / Laurie Michelle Rd neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 95.5% of neighborhoods in America. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Smithson Valley Rd / Laurie Michelle 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.

In addition, homes built from 2000 through today make up a higher proportion of the Smithson Valley Rd / Laurie Michelle Rd neighborhood's real estate landscape than 97.7% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 80.6% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

People

According to NeighborhoodScout's exclusive analysis, Smithson Valley Rd / Laurie Michelle Rd is among the best neighborhoods for families in Texas. In fact, this neighborhood is more family-friendly than 98.6% of neighborhoods in the entire state of Texas. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Smithson Valley Rd / Laurie Michelle Rd neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives, urban sophisticates and active retirees.

Diversity

Did you know that the Smithson Valley Rd / Laurie Michelle Rd neighborhood has more Yugoslav and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.7% of this neighborhood's residents have Yugoslav ancestry and 1.1% have Canadian ancestry.

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 Smithson Valley Rd / Laurie Michelle Rd neighborhood in San Antonio are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 93.9% of the neighborhoods in America. In addition, 3.1% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 71.5% of America'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 Smithson Valley Rd / Laurie Michelle Rd neighborhood, 63.8% 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 19.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.7%), and 7.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Smithson Valley Rd / Laurie Michelle Rd neighborhood is English, spoken by 79.9% of households. Some people also speak Spanish (19.6%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Smithson Valley Rd / Laurie Michelle Rd neighborhood in San Antonio, TX, residents most commonly identify their ethnicity or ancestry as Mexican (28.2%). There are also a number of people of English ancestry (15.0%), and residents who report German roots (14.6%), and some of the residents are also of Irish ancestry (9.8%), along with some Polish ancestry residents (4.1%), among others.

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 Smithson Valley Rd / Laurie Michelle Rd neighborhood spend between 45 minutes and one hour commuting one-way to work (36.4% of working residents), longer and tougher than most commutes in America.

Here most residents (73.8%) 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 (15.4%) . 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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