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Real Estate Prices & Overview

Texarkana Southwest median real estate price is $112,612, which is less expensive than 90.3% of Texas neighborhoods and 93.1% of all U.S. neighborhoods.

The average rental price in Texarkana Southwest is currently $1,133, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 94.0% of Texas neighborhoods.

Texarkana Southwest is a rural neighborhood (based on population density) located in Texarkana, Texas.

Texarkana Southwest real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Texarkana Southwest neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Texarkana Southwest has a 11.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.6% 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 Texarkana, the Texarkana Southwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Texarkana Southwest neighborhood stands out for having an average per capita income lower than 97.7% of the neighborhoods in the United States. Also of note, 57.4% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, divorcees may find friendship and understanding in this neighborhood, as 20.0% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 95.6% of the neighborhoods in America.

Diversity

Did you know that the Texarkana Southwest neighborhood has more Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.9% of this neighborhood's residents have Lithuanian 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 Texarkana Southwest neighborhood in Texarkana are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.7% of U.S. neighborhoods. With 57.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.2% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Texarkana Southwest neighborhood, 31.1% 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 manufacturing and laborer occupations, with 31.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.5%), and 15.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Texarkana Southwest neighborhood is English, spoken by 90.7% of households. Some people also speak Spanish (6.3%).

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 Texarkana Southwest neighborhood in Texarkana, TX, residents most commonly identify their ethnicity or ancestry as Mexican (11.4%). There are also a number of people of Sub-Saharan African ancestry (4.5%), and residents who report English roots (4.5%), and some of the residents are also of African ancestry (4.5%), along with some Lithuanian ancestry residents (1.9%), 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 Texarkana Southwest neighborhood spend under 15 minutes commuting one-way to work (51.3% of working residents), one of the shortest commutes across America.

Here most residents (87.9%) 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 (10.5%) . 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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