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Real Estate Prices & Overview

Old Henrietta Hwy / Goodman Rd median real estate price is $88,935, which is less expensive than 95.4% of Texas neighborhoods and 96.5% of all U.S. neighborhoods.

The average rental price in Old Henrietta Hwy / Goodman Rd is currently $1,399, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 79.6% of Texas neighborhoods.

Old Henrietta Hwy / Goodman Rd is a rural neighborhood (based on population density) located in Wichita Falls, Texas.

Old Henrietta Hwy / Goodman Rd 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 Old Henrietta Hwy / Goodman Rd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Old Henrietta Hwy / Goodman Rd. The current real estate vacancy rate here is 27.1%. This is higher than the rate of vacancies in 93.2% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Old Henrietta Hwy / Goodman Rd neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Old Henrietta Hwy / Goodman Rd neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 57.4% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 95.0% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the Old Henrietta Hwy / Goodman Rd neighborhood has more Sub-Saharan African and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.6% of this neighborhood's residents have Sub-Saharan African ancestry and 5.1% have Jamaican ancestry.

The Neighbors

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 Old Henrietta Hwy / Goodman Rd neighborhood in Wichita Falls are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 90.2% of U.S. neighborhoods. With 26.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.9% 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 Old Henrietta Hwy / Goodman Rd neighborhood, 38.2% 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 27.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.0%), and 15.0% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Old Henrietta Hwy / Goodman Rd neighborhood is English, spoken by 85.4% of households. Some people also speak Spanish (4.3%).

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 Old Henrietta Hwy / Goodman Rd neighborhood in Wichita Falls, TX, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (19.6%). There are also a number of people of Mexican ancestry (6.8%), and residents who report German roots (6.2%), and some of the residents are also of Jamaican ancestry (5.1%), along with some English ancestry residents (3.9%), among others. In addition, 14.2% 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 Old Henrietta Hwy / Goodman Rd neighborhood spend under 15 minutes commuting one-way to work (57.4% of working residents), one of the shortest commutes across America.

Here most residents (83.5%) 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 (11.5%) . 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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