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Real Estate Prices & Overview

Padre Island South median real estate price is $446,748, which is more expensive than 70.4% of the neighborhoods in Texas and 55.8% of the neighborhoods in the U.S.

The average rental price in Padre Island South is currently $3,562, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 97.3% of the neighborhoods in Texas.

Padre Island South is a suburban neighborhood (based on population density) located in Corpus Christi, Texas. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Padre Island South real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Padre Island South neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Padre Island South has a 14.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.5% 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Padre Island South is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Padre Island South is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Padre Island South neighborhood. A whopping 72.9% 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 96.3% of the neighborhoods in the U.S. Everything here just feels new.

People

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 Padre Island South neighborhood may actually hold the key. 86.8% of its residents are married, which is a higher percentage than is found in 99.9% of the neighborhoods in America.

In addition, if you're looking for a great spot to raise a family, then look no further than the Padre Island South neighborhood. NeighborhoodScout's analysis found that the combination of good quality public schools, above-average safety from crime, and a high rate of home ownership in predominantly single-family homes, help make this neighborhood among the top 10.6% of family-friendly neighborhoods across the state of Texas. In addition, there are a high proportion of other families with school-aged children living here, making it easy for parents and their children to socialize and develop a sense of community support. In addition, families here highly value education, as is reflected by the strength of the local schools, in part due to the educational attainment of the parents here, who vote in support of the public schools.

Diversity

Did you know that the Padre Island South neighborhood has more Ukrainian and Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.3% of this neighborhood's residents have Ukrainian ancestry and 1.2% have Belgian ancestry.

Padre Island South is also pretty special linguistically. Significantly, 1.1% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 95.2% 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 Padre Island South neighborhood in Corpus Christi 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 89.2% of the neighborhoods in America. With 26.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.8% 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 Padre Island South neighborhood, 53.7% 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 26.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.8%), and 7.0% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Padre Island South neighborhood is English, spoken by 82.6% of households. Some people also speak Spanish (15.8%).

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 Padre Island South neighborhood in Corpus Christi, TX, residents most commonly identify their ethnicity or ancestry as Irish (19.1%). There are also a number of people of German ancestry (18.1%), and residents who report Mexican roots (12.1%), and some of the residents are also of English ancestry (7.9%), along with some Polish ancestry residents (7.8%), 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 Padre Island South neighborhood spend between 15 and 30 minutes commuting one-way to work (51.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (84.8%) drive alone in a private automobile to get to work. 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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