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Real Estate Prices & Overview

Wilshire Park median real estate price is $238,473, which is more expensive than 41.2% of the neighborhoods in Texas and 30.7% of the neighborhoods in the U.S.

The average rental price in Wilshire Park is currently $1,628, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 59.3% of Texas neighborhoods.

Wilshire Park is an urban neighborhood (based on population density) located in Midland, Texas.

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

In Wilshire Park, the current vacancy rate is 0.4%, which is a lower rate of vacancies than 93.3% of all neighborhoods in the U.S. This means that the housing supply in Wilshire Park is very tight compared to the demand for property here.

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.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Wilshire Park neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 47.3% of the households here have four, five, or more cars. That is more cars per household than in 99.4% of the neighborhoods in the nation.

People

The Wilshire Park neighborhood is unique for having just 2.2% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 98.6% of America's neighborhoods.

In addition, the Wilshire Park neighborhood stands out within Texas for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 9.3% of college-friendly places to live in TX.

Occupations

More people work in manufacturing and as laborers here in the Wilshire Park neighborhood than in 97.7% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Real Estate

Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Wilshire Park neighborhood could be your paradise. With 25.4% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 4.4% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Diversity

Did you know that the Wilshire Park neighborhood has more Cuban and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.1% of this neighborhood's residents have Cuban ancestry and 59.5% have Mexican ancestry.

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 Wilshire Park neighborhood in Midland are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 68.3% of the neighborhoods in America. In addition, 1.0% 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 78.7% of America'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 Wilshire Park neighborhood, 46.0% of the working population is employed in manufacturing and laborer 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 31.8% of the residents employed. Other residents here are employed in executive, management, and professional occupations (14.7%), and 7.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Wilshire Park neighborhood is English, spoken by 48.8% of households. Some people also speak Spanish (48.7%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Wilshire Park neighborhood in Midland, TX, residents most commonly identify their ethnicity or ancestry as Mexican (59.5%). There are also a number of people of Cuban ancestry (9.1%), and residents who report German roots (6.2%), and some of the residents are also of English ancestry (3.8%), along with some Irish ancestry residents (2.7%), among others. In addition, 33.5% 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 Wilshire Park neighborhood spend between 15 and 30 minutes commuting one-way to work (49.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (88.3%) 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.


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