Cherrywood East median real estate price is $675,023, which is more expensive than 91.8% of the neighborhoods in Texas and 78.0% of the neighborhoods in the U.S.
The average rental price in Cherrywood East is currently $2,145, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.0% of the neighborhoods in Texas.
Cherrywood East is an urban neighborhood (based on population density) located in Austin, Texas.
Cherrywood East 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 occupied by a mixture of owners and renters. Many of the residences in the Cherrywood East neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.
In Cherrywood East, the current vacancy rate is 1.0%, which is a lower rate of vacancies than 91.0% of all neighborhoods in the U.S. This means that the housing supply in Cherrywood East is very tight compared to the demand for property here.
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.
Cherrywood East has the amazing distinction of housing more same sex couples living together than 98.5% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.
A unique way of commuting is simply not to. And in the Cherrywood East neighborhood, analysis shows that 37.9% 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 98.5% 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.
The Cherrywood East neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 97.3% of the neighborhoods in America. In fact, 74.6% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
Did you know that the Cherrywood East neighborhood has more West Indian and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have West Indian ancestry and 3.4% have Portuguese ancestry.
Cherrywood East is also pretty special linguistically. Significantly, 0.7% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 96.6% of the neighborhoods in America.
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 Cherrywood East neighborhood in Austin are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.2% of the neighborhoods in America. With 36.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.8% 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 Cherrywood East neighborhood, 74.6% 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 15.4% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (8.8%), and 7.2% in clerical, assistant, and tech support occupations.
The most common language spoken in the Cherrywood East neighborhood is English, spoken by 78.0% of households. Some people also speak Spanish (12.6%).
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 Cherrywood East neighborhood in Austin, TX, residents most commonly identify their ethnicity or ancestry as Mexican (23.5%). There are also a number of people of Irish ancestry (12.6%), and residents who report English roots (11.1%), and some of the residents are also of German ancestry (7.4%), along with some South American ancestry residents (4.7%), among others. In addition, 15.6% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Cherrywood East neighborhood spend between 15 and 30 minutes commuting one-way to work (47.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (42.4%) 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 (10.5%) and 5.3% of residents also ride the bus 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.