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Real Estate Prices & Overview

Victory Ave / Bridwell St median real estate price is $83,141, which is less expensive than 93.5% of Texas neighborhoods and 95.1% of all U.S. neighborhoods.

The average rental price in Victory Ave / Bridwell St is currently $1,242, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 88.2% of Texas neighborhoods.

Victory Ave / Bridwell St is a suburban neighborhood (based on population density) located in Wichita Falls, Texas.

Victory Ave / Bridwell St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Victory Ave / Bridwell St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Victory Ave / Bridwell St has a 11.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.0% 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 Wichita Falls, the Victory Ave / Bridwell St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Victory Ave / Bridwell St neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Victory Ave / Bridwell St neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 67.7% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 98.1% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Modes of Transportation

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Victory Ave / Bridwell St neighborhood is a fantastic option for bicycle commuters, as 2.9% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 95.5% of the neighborhoods in America.

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 Victory Ave / Bridwell St neighborhood in Wichita Falls are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 91.7% of U.S. neighborhoods. With 19.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.4% of U.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 Victory Ave / Bridwell St neighborhood, 35.8% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 24.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.5%), and 15.8% in executive, management, and professional occupations.

Languages

The most common language spoken in the Victory Ave / Bridwell St neighborhood is English, spoken by 78.5% of households. Some people also speak Spanish (19.7%).

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 Victory Ave / Bridwell St neighborhood in Wichita Falls, TX, residents most commonly identify their ethnicity or ancestry as Mexican (37.0%). There are also a number of people of Irish ancestry (10.9%), and residents who report Spanish roots (6.7%), and some of the residents are also of Asian ancestry (4.3%), along with some English ancestry residents (4.1%), among others. In addition, 10.2% of the residents of this neighborhood were born in another country.

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 Victory Ave / Bridwell St neighborhood spend under 15 minutes commuting one-way to work (67.7% of working residents), one of the shortest commutes across America.

Here most residents (83.8%) 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 (6.4%) . 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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