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Real Estate Prices & Overview

Temple Southwest median real estate price is $320,712, which is more expensive than 59.4% of the neighborhoods in Texas and 45.2% of the neighborhoods in the U.S.

The average rental price in Temple Southwest is currently $2,641, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.9% of the neighborhoods in Texas.

Temple Southwest is a suburban neighborhood (based on population density) located in Temple, Texas.

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

Real estate vacancies in Temple Southwest are 5.6%, which is lower than one will find in 62.8% of American neighborhoods. Demand for real estate in Temple Southwest 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 Temple, the Temple Southwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Temple Southwest neighborhood. A whopping 70.5% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.9% of the neighborhoods in the U.S. Everything here just feels new.

Occupations

The Temple Southwest neighborhood stands out nationally for having a greater proportion of its residents active in the military than 95.0% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

People

If you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Temple Southwest neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 14.2% executive lifestyle neighborhoods in the state of 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.

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 Temple Southwest neighborhood in Temple are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 74.3% of the neighborhoods in America. With 12.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 54.9% of U.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 Temple Southwest neighborhood, 49.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 19.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.4%), and 14.0% in clerical, assistant, and tech support 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 Temple Southwest neighborhood is English, spoken by 89.3% of households. Other important languages spoken here include Spanish and Italian.

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 Temple Southwest neighborhood in Temple, TX, residents most commonly identify their ethnicity or ancestry as Mexican (20.6%). There are also a number of people of German ancestry (11.6%), and residents who report English roots (10.7%), and some of the residents are also of Irish ancestry (7.1%), along with some Asian ancestry residents (3.0%), 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 Temple Southwest neighborhood spend between 15 and 30 minutes commuting one-way to work (41.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (79.1%) 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 (5.6%) . 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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