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Real Estate Prices & Overview

Carver median real estate price is $160,368, which is less expensive than 79.8% of Texas neighborhoods and 85.6% of all U.S. neighborhoods.

The average rental price in Carver is currently $1,055, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.8% of Texas neighborhoods.

Carver is a suburban neighborhood (based on population density) located in Waco, Texas.

Carver 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Carver neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 6.1% in Carver. NeighborhoodScout analysis shows that this rate is lower than 59.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Carver neighborhood has more single mother households than 99.8% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

In addition, one of the unique characteristics of the Carver neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.5% of the neighborhoods in America. The Carver neighborhood also has a greater percentage of children living in poverty (77.1%) than found in 99.2% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

Also, the Carver neighborhood is unique for having just 6.8% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 95.4% of America's neighborhoods.

Diversity

Did you know that the Carver neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.6% of this neighborhood's residents have African ancestry and 16.6% have Sub-Saharan African ancestry.

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 Carver neighborhood in Waco are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.5% of U.S. neighborhoods. With 77.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.2% 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 Carver neighborhood, 29.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 29.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.0%), and 19.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Carver neighborhood is English, spoken by 88.3% of households. Some people also speak Spanish (11.7%).

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 Carver neighborhood in Waco, TX, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (16.6%). There are also a number of people of African ancestry (15.6%), and residents who report Mexican roots (12.0%), and some of the residents are also of German ancestry (3.9%), along with some English ancestry residents (3.5%), 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 Carver neighborhood spend between 15 and 30 minutes commuting one-way to work (47.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (80.4%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (10.3%) and 9.0% of residents also carpool with coworkers, friends, or neighbors 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.


Real Estate includes:
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Economics & Demographics include:
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Race & Ethnic Diversity
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Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
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Schools include:
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