E Lamar Blvd / FM Road 157 median real estate price is $322,178, which is more expensive than 59.1% of the neighborhoods in Texas and 43.6% of the neighborhoods in the U.S.
The average rental price in E Lamar Blvd / FM Road 157 is currently $1,892, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.5% of Texas neighborhoods.
E Lamar Blvd / FM Road 157 is a densely urban neighborhood (based on population density) located in Arlington, Texas.
E Lamar Blvd / FM Road 157 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 renter occupied. Many of the residences in the E Lamar Blvd / FM Road 157 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.
E Lamar Blvd / FM Road 157 has a 15.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.6% 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.
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 Arlington, the E Lamar Blvd / FM Road 157 neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
99.2% of the real estate in the E Lamar Blvd / FM Road 157 neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
In addition, the E Lamar Blvd / FM Road 157 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 88.6% 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, most neighborhoods are composed of a mixture of ages of homes, but the E Lamar Blvd / FM Road 157 stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 80.2% of the residential real estate here was built in this one time period.
NeighborhoodScout's analysis shows that the E Lamar Blvd / FM Road 157 neighborhood has a greater concentration of residents currently enrolled in college than 95.0% of the neighborhoods in the U.S. With 10.7% of the population here attending college, this is very much a college-focused neighborhood.
Did you know that the E Lamar Blvd / FM Road 157 neighborhood has more Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 31.0% of this neighborhood's residents have Sub-Saharan African ancestry.
E Lamar Blvd / FM Road 157 is also pretty special linguistically. Significantly, 6.7% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 98.3% of the neighborhoods in America.
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 E Lamar Blvd / FM Road 157 neighborhood in Arlington 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. With 18.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 66.4% 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 E Lamar Blvd / FM Road 157 neighborhood, 27.7% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.4%), and 21.9% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the E Lamar Blvd / FM Road 157 neighborhood is English, spoken by 71.3% of households. Other important languages spoken here include Spanish and French.
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 E Lamar Blvd / FM Road 157 neighborhood in Arlington, TX, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (31.0%). There are also a number of people of Mexican ancestry (8.9%), and residents who report African roots (5.4%), and some of the residents are also of German ancestry (2.6%), along with some English ancestry residents (1.2%), among others. In addition, 21.7% 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 E Lamar Blvd / FM Road 157 neighborhood spend between 15 and 30 minutes commuting one-way to work (43.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (77.4%) 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 (14.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.