Parkwood / Bennett Estates median real estate price is $186,689, which is less expensive than 73.8% of Texas neighborhoods and 81.5% of all U.S. neighborhoods.
The average rental price in Parkwood / Bennett Estates is currently $1,600, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.9% of Texas neighborhoods.
Parkwood / Bennett Estates is an urban neighborhood (based on population density) located in Pasadena, Texas.
Parkwood / Bennett Estates real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Parkwood / Bennett Estates neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Parkwood / Bennett Estates are 4.3%, which is lower than one will find in 71.1% of American neighborhoods. Demand for real estate in Parkwood / Bennett Estates is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 Pasadena, the Parkwood / Bennett Estates neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Did you know that the Parkwood / Bennett Estates neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 71.7% of this neighborhood's residents have Mexican ancestry.
Parkwood / Bennett Estates is also pretty special linguistically. Significantly, 67.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.0% of all U.S. neighborhoods.
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 Parkwood / Bennett Estates neighborhood in Pasadena are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 45.6% of the neighborhoods in America. With 27.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.6% 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 Parkwood / Bennett Estates neighborhood, 32.9% 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 28.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.9%), and 15.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Parkwood / Bennett Estates neighborhood is Spanish, spoken by 67.2% of households. Some people also speak English (32.8%).
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 Parkwood / Bennett Estates neighborhood in Pasadena, TX, residents most commonly identify their ethnicity or ancestry as Mexican (71.7%). There are also a number of people of English ancestry (2.4%), and residents who report Irish roots (2.0%), and some of the residents are also of German ancestry (1.5%), along with some South American ancestry residents (1.3%), among others. In addition, 30.8% of the residents of this neighborhood were born in another country.
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 Parkwood / Bennett Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (44.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (85.3%) 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 (8.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.