Westwood / Montgomery Trace median real estate price is $476,735, which is more expensive than 78.2% of the neighborhoods in Texas and 62.4% of the neighborhoods in the U.S.
The average rental price in Westwood / Montgomery Trace is currently $1,909, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.4% of Texas neighborhoods.
Westwood / Montgomery Trace is a suburban neighborhood (based on population density) located in Magnolia, Texas.
Westwood / Montgomery Trace 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 owner occupied. Many of the residences in the Westwood / Montgomery Trace neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Westwood / Montgomery Trace has a 12.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.8% 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.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
If you are planning to retire in Texas, this neighborhood should be on your must-see list. For many reasons, Westwood / Montgomery Trace may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Texas, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.2% of neighborhoods in TX. If a Texas retirement is in your future, this neighborhood should be one of the places you visit.
In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Westwood / Montgomery Trace neighborhood may actually hold the key. 70.4% of its residents are married, which is a higher percentage than is found in 96.6% of the neighborhoods in America.
Homes built from 2000 through today make up a higher proportion of the Westwood / Montgomery Trace neighborhood's real estate landscape than 96.1% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 71.4% of the residential real estate here is classified as newer.
Did you know that the Westwood / Montgomery Trace neighborhood has more British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.2% of this neighborhood's residents have British ancestry.
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 Westwood / Montgomery Trace neighborhood in Magnolia are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 90.3% of the neighborhoods in America. With 12.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 55.1% 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 Westwood / Montgomery Trace neighborhood, 54.0% 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 22.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.4%), and 11.7% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Westwood / Montgomery Trace neighborhood is English, spoken by 95.3% of households. Some people also speak Spanish (4.7%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Westwood / Montgomery Trace neighborhood in Magnolia, TX, residents most commonly identify their ethnicity or ancestry as German (10.7%). There are also a number of people of Irish ancestry (9.5%), and residents who report English roots (8.7%), and some of the residents are also of British ancestry (7.2%), along with some Mexican ancestry residents (6.1%), among others. In addition, 13.2% 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 Westwood / Montgomery Trace neighborhood spend between 15 and 30 minutes commuting one-way to work (37.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (86.1%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.