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Real Estate Prices & Overview

Fairfax Park median real estate price is $200,096, which is less expensive than 71.9% of Texas neighborhoods and 80.4% of all U.S. neighborhoods.

The average rental price in Fairfax Park is currently $1,740, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 51.6% of Texas neighborhoods.

Fairfax Park is a suburban neighborhood (based on population density) located in Fort Worth, Texas.

Fairfax Park 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 owner occupied. Many of the residences in the Fairfax Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 6.1% in Fairfax Park. NeighborhoodScout analysis shows that this rate is lower than 58.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Occupations

NeighborhoodScout's exclusive research identifies the Fairfax Park neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 52.1% of its working residents employed in such fields, which is a higher proportion than 99.2% of American neighborhoods.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Fairfax Park neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 42.1% of the households here have four, five, or more cars. That is more cars per household than in 98.7% of the neighborhoods in the nation.

People

The Fairfax Park neighborhood is unique for having just 7.2% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 95.3% of America's neighborhoods.

Diversity

Did you know that the Fairfax Park neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 69.7% of this neighborhood's residents have Mexican ancestry.

Fairfax Park is also pretty special linguistically. Significantly, 65.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.7% of all U.S. neighborhoods.

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 Fairfax Park neighborhood in Fort Worth are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.1% of U.S. neighborhoods. With 28.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 80.1% 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 Fairfax Park neighborhood, 52.1% of the working population is employed in manufacturing and laborer 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 36.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (8.4%), and 3.5% in executive, management, and professional occupations.

Languages

The most common language spoken in the Fairfax Park neighborhood is Spanish, spoken by 65.0% of households. Some people also speak English (33.8%).

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 Fairfax Park neighborhood in Fort Worth, TX, residents most commonly identify their ethnicity or ancestry as Mexican (69.7%). There are also a number of people of Sub-Saharan African ancestry (2.4%), and residents who report African roots (2.4%). In addition, 29.2% 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 Fairfax Park neighborhood spend between 30 and 45 minutes commuting one-way to work (34.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (80.9%) 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 (10.6%) and 5.1% of residents also ride the bus for their daily commute. 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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