Pleasant Valley Northwest median real estate price is $373,206, which is more expensive than 68.1% of the neighborhoods in Texas and 51.6% of the neighborhoods in the U.S.
The average rental price in Pleasant Valley Northwest is currently $1,343, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.8% of Texas neighborhoods.
Pleasant Valley Northwest is a suburban neighborhood (based on population density) located in Austin, Texas.
Pleasant Valley Northwest real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Pleasant Valley Northwest 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.
In Pleasant Valley Northwest, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Pleasant Valley Northwest is very tight compared to the demand for property here.
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 Austin, the Pleasant Valley Northwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
88.9% of the real estate in the Pleasant Valley Northwest neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. With a real estate vacancy rate of only 0.0%, the Pleasant Valley Northwest neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
In addition, the real estate in the Pleasant Valley Northwest neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 82.8% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.1% of American neighborhoods.
In a nation where 1 out of every 4 children lives in poverty, the Pleasant Valley Northwest neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, an extraordinary 31.5% of the residents of the Pleasant Valley Northwest neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
Also, if you're looking for an active nightlife with lots of opportunities to flirt and find romance, then you probably won't have to go too far from the Pleasant Valley Northwest neighborhood to find it. Only 4.6% of the neighborhoods in the country have a larger proportion of young, single professionals. The nightlife may not be reminiscent of a "Sex and the City" episode, but the people who live here find friendship, romance, fun, and socializing readily available.
More people ride the bus in this neighborhood each day to get to work than 99.9% of U.S. neighborhoods.
Did you know that the Pleasant Valley Northwest neighborhood has more British and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.0% of this neighborhood's residents have British ancestry and 2.9% have Greek ancestry.
Pleasant Valley Northwest is also pretty special linguistically. Significantly, 3.7% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 98.6% of the neighborhoods in America.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Pleasant Valley Northwest neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.1% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Pleasant Valley Northwest neighborhood in Austin are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 90.9% of U.S. neighborhoods. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Pleasant Valley Northwest neighborhood, 45.5% 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 31.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.2%), and 3.9% in government jobs, whether they are in local, state, or federal positions.
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 Pleasant Valley Northwest neighborhood is English, spoken by 56.4% of households. Other important languages spoken here include Spanish, German/Yiddish, Chinese and African languages.
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 Pleasant Valley Northwest neighborhood in Austin, TX, residents most commonly identify their ethnicity or ancestry as Mexican (14.7%). There are also a number of people of Asian ancestry (13.5%), and residents who report English roots (12.0%), and some of the residents are also of Sub-Saharan African ancestry (7.4%), along with some British ancestry residents (5.0%), among others. In addition, 24.8% 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 Pleasant Valley Northwest 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 (44.0%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (42.1%) . The bus provides a valuable service in the Pleasant Valley Northwest neighborhood of Austin by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.