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Real Estate Prices & Overview

Timberwolf / Lincoln Park median real estate price is $195,056, which is less expensive than 71.6% of Texas neighborhoods and 79.8% of all U.S. neighborhoods.

The average rental price in Timberwolf / Lincoln Park is currently $1,557, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.4% of Texas neighborhoods.

Timberwolf / Lincoln Park is an urban neighborhood (based on population density) located in El Paso, Texas.

Timberwolf / Lincoln Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Timberwolf / Lincoln Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Timberwolf / Lincoln Park are 5.1%, which is lower than one will find in 65.5% of American neighborhoods. Demand for real estate in Timberwolf / Lincoln Park is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

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 El Paso, the Timberwolf / Lincoln Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Timberwolf / Lincoln Park neighborhood, is that an incredible 85.4% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.

People

The Timberwolf / Lincoln Park neighborhood stands out for having an average per capita income lower than 96.2% of the neighborhoods in the United States. The Timberwolf / Lincoln Park neighborhood also has a greater percentage of children living in poverty (57.4%) than found in 96.2% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

Diversity

Did you know that the Timberwolf / Lincoln Park neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 91.2% of this neighborhood's residents have Mexican ancestry.

Timberwolf / Lincoln Park is also pretty special linguistically. Significantly, 74.7% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.0% of all U.S. neighborhoods.

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 Timberwolf / Lincoln Park neighborhood in El Paso are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.2% of U.S. neighborhoods. With 57.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.2% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Timberwolf / Lincoln Park neighborhood, 44.5% 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 25.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.9%), and 10.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Timberwolf / Lincoln Park neighborhood is Spanish, spoken by 74.7% of households. Some people also speak English (25.3%).

Ethnicity / Ancestry

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 Timberwolf / Lincoln Park neighborhood in El Paso, TX, residents most commonly identify their ethnicity or ancestry as Mexican (91.2%). There are also a number of people of German ancestry (1.3%). In addition, 25.5% of the residents of this neighborhood were born in another country.

Getting to Work

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 Timberwolf / Lincoln Park neighborhood spend between 15 and 30 minutes commuting one-way to work (62.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (79.2%) 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 (15.6%) . 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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