Nancy Ln / Prescott Dr median real estate price is $200,303, which is more expensive than 29.6% of the neighborhoods in Texas and 21.2% of the neighborhoods in the U.S.
The average rental price in Nancy Ln / Prescott Dr is currently $1,934, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.2% of the neighborhoods in Texas.
Nancy Ln / Prescott Dr is a suburban neighborhood (based on population density) located in Lancaster, Texas.
Nancy Ln / Prescott Dr 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 occupied by a mixture of owners and renters. Many of the residences in the Nancy Ln / Prescott Dr neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Nancy Ln / Prescott Dr has a 14.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.6% 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.
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.
Of note, 68.9% 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, the Nancy Ln / Prescott Dr neighborhood is unique for having just 7.0% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 95.2% of America's neighborhoods.
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 Nancy Ln / Prescott Dr neighborhood in Lancaster are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 93.0% of U.S. neighborhoods. With 68.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.4% 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 Nancy Ln / Prescott Dr neighborhood, 31.7% 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 manufacturing and laborer occupations, with 28.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.9%), and 19.2% in executive, management, and professional occupations.
The most common language spoken in the Nancy Ln / Prescott Dr neighborhood is English, spoken by 63.1% of households. Some people also speak Spanish (36.9%).
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 Nancy Ln / Prescott Dr neighborhood in Lancaster, TX, residents most commonly identify their ethnicity or ancestry as Mexican (39.6%). There are also a number of people of Jamaican ancestry (2.6%), and residents who report Swedish roots (1.1%). In addition, 11.0% 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 Nancy Ln / Prescott Dr neighborhood spend between 30 and 45 minutes commuting one-way to work (42.5% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (75.8%) 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 (12.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.