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Real Estate Prices & Overview

Timber Ridge median real estate price is $265,896, which is more expensive than 44.3% of the neighborhoods in Texas and 31.6% of the neighborhoods in the U.S.

The average rental price in Timber Ridge is currently $2,514, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.3% of the neighborhoods in Texas.

Timber Ridge is a suburban neighborhood (based on population density) located in Spring, Texas.

Timber Ridge real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Timber Ridge neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

In Timber Ridge, the current vacancy rate is 2.4%, which is a lower rate of vacancies than 82.9% of all neighborhoods in the U.S. This means that the housing supply in Timber Ridge is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

People

Of note is NeighborhoodScout's research finding that the Timber Ridge neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Timber Ridge community truly stands out from the rest in this regard.

In addition, astoundingly, the Timber Ridge neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 99.9% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Spring neighborhood.

Also, if you're nearing retirement age, or in retirement, the Timber Ridge is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 9.3% of retiree-friendly neighborhoods in Texas, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Texas.

Modes of Transportation

Our research reveals that 92.0% of commuters who live in the Timber Ridge neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 98.6% of U.S. neighborhoods.

Real Estate

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 Timber 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 96.8% of all American neighborhoods.

Diversity

Did you know that the Timber Ridge neighborhood has more Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.1% of this neighborhood's residents have Russian 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 Timber Ridge neighborhood in Spring are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.5% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America'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 Timber Ridge neighborhood, 40.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 37.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.2%), and 7.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Timber Ridge neighborhood is English, spoken by 66.4% of households. Some people also speak Spanish (23.2%).

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 Timber Ridge neighborhood in Spring, TX, residents most commonly identify their ethnicity or ancestry as Mexican (21.0%). There are also a number of people of Italian ancestry (7.5%), and residents who report Russian roots (6.1%), and some of the residents are also of French ancestry (3.5%), along with some German ancestry residents (3.3%), among others. In addition, 14.5% of the residents of this neighborhood were born in another country.

Getting to Work

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 Timber Ridge neighborhood spend between 30 and 45 minutes commuting one-way to work (42.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (92.0%) 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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