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Real Estate Prices & Overview

Crescent Lakes / Austin Meadows median real estate price is $778,282, which is more expensive than 94.6% of the neighborhoods in Texas and 85.9% of the neighborhoods in the U.S.

The average rental price in Crescent Lakes / Austin Meadows is currently $3,525, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.9% of the neighborhoods in Texas.

Crescent Lakes / Austin Meadows is a suburban neighborhood (based on population density) located in Sugar Land, Texas.

Crescent Lakes / Austin Meadows real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Crescent Lakes / Austin Meadows 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.

Real estate vacancies in Crescent Lakes / Austin Meadows are 6.1%, which is lower than one will find in 60.7% of American neighborhoods. Demand for real estate in Crescent Lakes / Austin Meadows is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Sugar Land, the Crescent Lakes / Austin Meadows neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Crescent Lakes / Austin Meadows neighborhood is wealthier than 99.3% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Crescent Lakes / Austin Meadows also has one of the lowest ratings of child poverty in the nation.

In addition, the rate of college educated adults in the Crescent Lakes / Austin Meadows neighborhood is a unique characteristic of the neighborhood. 83.8% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 33.7% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 98.8% of all U.S. neighborhoods.

Also, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Crescent Lakes / Austin Meadows neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 98.8% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Crescent Lakes / Austin Meadows neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for families with school-aged children, active retirees and highly educated executives.

Finally, 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 Crescent Lakes / Austin Meadows neighborhood may actually hold the key. 69.1% of its residents are married, which is a higher percentage than is found in 97.1% of the neighborhoods in America.

Real Estate

One way that the Crescent Lakes / Austin Meadows neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.4% 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.

In addition, most neighborhoods are composed of a mixture of ages of homes, but the Crescent Lakes / Austin Meadows 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, 84.7% of the residential real estate here was built in this one time period.

Occupations

Executives, managers and professionals make up 69.6% of the workforce in the Crescent Lakes / Austin Meadows neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 95.7% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Diversity

Did you know that the Crescent Lakes / Austin Meadows neighborhood has more Arab and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.6% of this neighborhood's residents have Arab ancestry and 34.9% have Asian ancestry.

Crescent Lakes / Austin Meadows is also pretty special linguistically. Significantly, 11.3% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 99.4% 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 Crescent Lakes / Austin Meadows neighborhood in Sugar Land 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 99.3% of the neighborhoods in America. 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.

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 Crescent Lakes / Austin Meadows neighborhood, 69.6% 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 19.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (6.3%), and 4.9% 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 Crescent Lakes / Austin Meadows neighborhood is English, spoken by 62.9% of households. Other important languages spoken here include Chinese, Langs. of India, Spanish 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 Crescent Lakes / Austin Meadows neighborhood in Sugar Land, TX, residents most commonly identify their ethnicity or ancestry as Asian (34.9%). There are also a number of people of English ancestry (14.0%), and residents who report German roots (8.3%), and some of the residents are also of Irish ancestry (6.7%), along with some Arab ancestry residents (4.6%), among others. In addition, 37.4% 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 Crescent Lakes / Austin Meadows neighborhood spend between 15 and 30 minutes commuting one-way to work (30.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (73.7%) 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 (6.0%) . 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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