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Real Estate Prices & Overview

Riverside median real estate price is $247,994, which is more expensive than 43.7% of the neighborhoods in Texas and 32.5% of the neighborhoods in the U.S.

The average rental price in Riverside is currently $1,279, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 85.8% of Texas neighborhoods.

Riverside is an urban neighborhood (based on population density) located in San Antonio, Texas.

Riverside real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Riverside neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Riverside has a 12.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 70.9% 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

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.

People

Of note is NeighborhoodScout's research finding that the Riverside neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Riverside community truly stands out from the rest in this regard.

Diversity

Did you know that the Riverside neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 67.9% of this neighborhood's residents have Mexican ancestry.

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 Riverside neighborhood in San Antonio are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 87.0% of U.S. neighborhoods. In addition, 0.0% 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 100.0% 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 Riverside neighborhood, 34.1% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 24.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.0%), and 19.7% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Riverside neighborhood is English, spoken by 58.2% of households. Some people also speak Spanish (38.7%).

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 Riverside neighborhood in San Antonio, TX, residents most commonly identify their ethnicity or ancestry as Mexican (67.9%). There are also a number of people of German ancestry (9.6%), and residents who report Irish roots (1.7%), and some of the residents are also of French ancestry (1.6%), along with some Asian ancestry residents (1.4%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Riverside neighborhood spend between 15 and 30 minutes commuting one-way to work (60.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.1%) 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 (8.7%) and 8.2% of residents also ride the bus 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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