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Real Estate Prices & Overview

Parkway South / Midland Heights median real estate price is $168,910, which is less expensive than 76.7% of Texas neighborhoods and 82.7% of all U.S. neighborhoods.

The average rental price in Parkway South / Midland Heights is currently $1,665, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.5% of Texas neighborhoods.

Parkway South / Midland Heights is a suburban neighborhood (based on population density) located in Midland, Texas.

Parkway South / Midland Heights real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Parkway South / Midland Heights 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.

Parkway South / Midland Heights has a 12.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.3% 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.

Notable & Unique Neighborhood Characteristics

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.

Modes of Transportation

Our research shows that more people carpool to work here in the Parkway South / Midland Heights (26.4%) than in 97.7% of the neighborhoods in America.

People

Of particular note, 4.3% of the people in the Parkway South / Midland Heights neighborhood currently reside in a correction facility, held due to punishment for a crime.

In addition, neighborhoodScout's exclusive research revealed that 94.6% of the adult residents in the Parkway South / Midland Heights neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.8% of the neighborhoods in America.

Diversity

Did you know that the Parkway South / Midland Heights neighborhood has more Mexican and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 80.4% of this neighborhood's residents have Mexican ancestry and 1.2% have Lebanese ancestry.

Parkway South / Midland Heights is also pretty special linguistically. Significantly, 66.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.8% 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 Parkway South / Midland Heights neighborhood in Midland are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.0% of U.S. neighborhoods. With 23.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 74.0% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Parkway South / Midland Heights neighborhood, 36.3% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 23.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.3%), and 19.8% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Parkway South / Midland Heights neighborhood is Spanish, spoken by 66.1% of households. Some people also speak English (32.7%).

Ethnicity / Ancestry

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 Parkway South / Midland Heights neighborhood in Midland, TX, residents most commonly identify their ethnicity or ancestry as Mexican (80.4%). There are also a number of people of Puerto Rican ancestry (2.3%), and residents who report Arab roots (1.2%), and some of the residents are also of Lebanese ancestry (1.2%), along with some Asian ancestry residents (1.1%), among others. In addition, 25.4% 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 Parkway South / Midland Heights neighborhood spend between 15 and 30 minutes commuting one-way to work (44.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.0%) 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 (26.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
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Rental Market
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Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
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Schools include:
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