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Real Estate Prices & Overview

Saint Edwards University / South Congress median real estate price is $646,931, which is more expensive than 90.5% of the neighborhoods in Texas and 77.3% of the neighborhoods in the U.S.

The average rental price in Saint Edwards University / South Congress is currently $1,881, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.2% of Texas neighborhoods.

Saint Edwards University / South Congress is an urban neighborhood (based on population density) located in Austin, Texas.

Saint Edwards University / South Congress 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 Saint Edwards University / South Congress neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Saint Edwards University / South Congress, the current vacancy rate is 2.7%, which is a lower rate of vacancies than 82.0% of all neighborhoods in the U.S. This means that the housing supply in Saint Edwards University / South Congress is very tight compared to the demand for property here.

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

Of note, 73.9% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, neighborhoodScout's analysis shows that the Saint Edwards University / South Congress neighborhood has a greater concentration of residents currently enrolled in college than 98.6% of the neighborhoods in the U.S. With 30.4% of the population here attending college, this is very much a college-focused neighborhood.

Also, there is an especially high percentage of incarcerated people (1.1%) living in the Saint Edwards University / South Congress neighborhood.

Modes of Transportation

A unique way of commuting is simply not to. And in the Saint Edwards University / South Congress neighborhood, analysis shows that 29.1% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 96.3% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Real Estate

85.1% of the real estate in the Saint Edwards University / South Congress neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Diversity

Did you know that the Saint Edwards University / South Congress neighborhood has more Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.1% of this neighborhood's residents have Arab ancestry.

Saint Edwards University / South Congress is also pretty special linguistically. Significantly, 4.7% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 98.3% of the neighborhoods in America.

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 Saint Edwards University / South Congress neighborhood in Austin are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.5% of U.S. neighborhoods. With 73.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.9% 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 Saint Edwards University / South Congress neighborhood, 59.7% of the working population is employed in executive, management, and professional 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 18.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.0%), and 4.5% in manufacturing and laborer occupations.

Languages

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 Saint Edwards University / South Congress neighborhood is English, spoken by 69.0% of households. Other important languages spoken here include Spanish and Arabic.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Saint Edwards University / South Congress neighborhood in Austin, TX, residents most commonly identify their ethnicity or ancestry as Mexican (31.8%). There are also a number of people of Irish ancestry (10.2%), and residents who report German roots (7.4%), and some of the residents are also of English ancestry (6.3%), along with some Arab ancestry residents (6.1%), among others. In addition, 21.2% 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 Saint Edwards University / South Congress neighborhood spend under 15 minutes commuting one-way to work (38.4% of working residents), one of the shortest commutes across America.

Here most residents (50.9%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (7.0%) and 6.9% of residents also hop out the door and walk to work 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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