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Real Estate Prices & Overview

SW 3rd St / W Pioneer Pkwy median real estate price is $260,823, which is more expensive than 42.9% of the neighborhoods in Texas and 30.6% of the neighborhoods in the U.S.

The average rental price in SW 3rd St / W Pioneer Pkwy is currently $1,717, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.3% of Texas neighborhoods.

SW 3rd St / W Pioneer Pkwy is a densely urban neighborhood (based on population density) located in Grand Prairie, Texas.

SW 3rd St / W Pioneer Pkwy real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments 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 SW 3rd St / W Pioneer Pkwy neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

SW 3rd St / W Pioneer Pkwy has a 12.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.0% 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 Grand Prairie, the SW 3rd St / W Pioneer Pkwy neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research shows that more people carpool to work here in the SW 3rd St / W Pioneer Pkwy (42.8%) than in 99.8% of the neighborhoods in America.

Occupations

More people work in manufacturing and as laborers here in the SW 3rd St / W Pioneer Pkwy neighborhood than in 99.6% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Real Estate

97.4% of the real estate in the SW 3rd St / W Pioneer Pkwy neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, the SW 3rd St / W Pioneer Pkwy neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 89.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Furthermore, the real estate in the SW 3rd St / W Pioneer Pkwy neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 78.5% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.5% of American neighborhoods.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the SW 3rd St / W Pioneer Pkwy neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.9% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the SW 3rd St / W Pioneer Pkwy neighborhood has more South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.9% of this neighborhood's residents have South American ancestry.

SW 3rd St / W Pioneer Pkwy is also pretty special linguistically. Significantly, 58.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.5% 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 SW 3rd St / W Pioneer Pkwy neighborhood in Grand Prairie are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 86.2% of U.S. neighborhoods. In addition, 7.3% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 57.1% of America'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 SW 3rd St / W Pioneer Pkwy neighborhood, 55.6% 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 23.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.8%), and 10.6% in executive, management, and professional occupations.

Languages

The most common language spoken in the SW 3rd St / W Pioneer Pkwy neighborhood is Spanish, spoken by 58.4% of households. Some people also speak English (41.0%).

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 SW 3rd St / W Pioneer Pkwy neighborhood in Grand Prairie, TX, residents most commonly identify their ethnicity or ancestry as Mexican (51.0%). There are also a number of people of South American ancestry (7.9%), and residents who report English roots (7.1%), and some of the residents are also of German ancestry (1.5%), along with some Welsh ancestry residents (1.2%), among others. In addition, 38.7% 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 SW 3rd St / W Pioneer Pkwy neighborhood spend between 15 and 30 minutes commuting one-way to work (51.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (42.8%) carpool with coworkers, friends, or neighbors to get to work. In addition, quite a number also drive alone in a private automobile to get to work (40.9%) . Despite relying on the automobile to get to work, residents of this neighborhood share the ride more than most neighborhoods, reducing traffic, pollution, and saving money.


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