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Real Estate Prices & Overview

Bobwyn median real estate price is $215,939, which is more expensive than 33.6% of the neighborhoods in Texas and 24.1% of the neighborhoods in the U.S.

The average rental price in Bobwyn is currently $2,085, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.5% of the neighborhoods in Texas.

Bobwyn is a suburban neighborhood (based on population density) located in Dallas, Texas.

Bobwyn real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) mobile homes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Bobwyn neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 7.0% in Bobwyn. NeighborhoodScout analysis shows that this rate is lower than 53.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Dallas, the Bobwyn neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

More people work in manufacturing and as laborers here in the Bobwyn neighborhood than in 99.0% 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

The real estate in this neighborhood consists of more mobile homes than 97.9% of all neighborhoods in America, with 40.9% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

People

An extraordinary 11.6% of the residents of the Bobwyn neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Diversity

Did you know that the Bobwyn neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 62.1% of this neighborhood's residents have Mexican ancestry.

Bobwyn is also pretty special linguistically. Significantly, 59.7% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.6% 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 Bobwyn neighborhood in Dallas are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 61.4% of U.S. neighborhoods. With 20.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.1% 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 Bobwyn neighborhood, 50.5% 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 19.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.4%), and 13.3% in executive, management, and professional occupations.

Languages

The most common language spoken in the Bobwyn neighborhood is Spanish, spoken by 59.7% of households. Some people also speak English (37.9%).

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 Bobwyn neighborhood in Dallas, TX, residents most commonly identify their ethnicity or ancestry as Mexican (62.1%). There are also a number of people of Italian ancestry (2.5%), and residents who report Polish roots (1.6%), and some of the residents are also of German ancestry (1.6%), along with some Scottish ancestry residents (1.5%), among others. In addition, 26.9% 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 Bobwyn neighborhood spend between 45 minutes and one hour commuting one-way to work (45.7% of working residents), longer and tougher than most commutes in America.

Here most residents (74.9%) 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 (17.4%) . 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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