Forest Creek North / Fountain Ridge median real estate price is $736,583, which is more expensive than 94.5% of the neighborhoods in Texas and 84.2% of the neighborhoods in the U.S.
The average rental price in Forest Creek North / Fountain Ridge is currently $3,917, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.5% of the neighborhoods in Texas.
Forest Creek North / Fountain Ridge is an urban neighborhood (based on population density) located in Plano, Texas.
Forest Creek North / Fountain Ridge real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Forest Creek North / Fountain Ridge 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.
Real estate vacancies in Forest Creek North / Fountain Ridge are 4.0%, which is lower than one will find in 73.5% of American neighborhoods. Demand for real estate in Forest Creek North / Fountain Ridge 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.
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.
Real Estate
One way that the Forest Creek North / Fountain Ridge neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.9% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
In addition, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Forest Creek North / Fountain Ridge neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 98.7% of all American neighborhoods.
Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Forest Creek North / Fountain Ridge stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 87.5% of the residential real estate here was built in this one time period.
Also of note, owner-occupied real estate dominates the Forest Creek North / Fountain Ridge neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 96.6% of neighborhoods in America.
People
If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 1.1% of America's neighborhoods are wealthier than the Forest Creek North / Fountain Ridge neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
In addition, a majority of the adults in the Forest Creek North / Fountain Ridge neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Texas by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 98.0% of the neighborhoods in Texas. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children, college students and urban sophisticates.
Modes of Transportation
In the Forest Creek North / Fountain Ridge neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 30.8% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.3% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Diversity
Did you know that the Forest Creek North / Fountain Ridge neighborhood has more Danish and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.7% of this neighborhood's residents have Danish ancestry and 2.1% have Lebanese ancestry.
Forest Creek North / Fountain Ridge is also pretty special linguistically. Significantly, 7.1% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 98.5% of the neighborhoods in America.
Migration / Stability
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Forest Creek North / Fountain Ridge neighborhood. More residents of the Forest Creek North / Fountain Ridge neighborhood live here today that also were living in this same neighborhood five years ago than is found in 98.7% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
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 Forest Creek North / Fountain Ridge neighborhood in Plano 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 98.9% of the neighborhoods in America. With 11.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.7% 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 Forest Creek North / Fountain Ridge neighborhood, 62.7% 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 20.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (8.7%), and 8.6% in clerical, assistant, and tech support occupations.
Languages
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 Forest Creek North / Fountain Ridge neighborhood is English, spoken by 60.3% of households. Other important languages spoken here include Spanish, Langs. of India, Arabic and Polish.
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 Forest Creek North / Fountain Ridge neighborhood in Plano, TX, residents most commonly identify their ethnicity or ancestry as Asian (22.6%). There are also a number of people of English ancestry (14.5%), and residents who report German roots (12.2%), and some of the residents are also of Irish ancestry (11.4%), along with some Mexican ancestry residents (8.1%), among others. In addition, 29.2% of the residents of this neighborhood were born in another country.
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 Forest Creek North / Fountain Ridge neighborhood spend between 30 and 45 minutes commuting one-way to work (36.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (64.9%) 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.
