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Real Estate Prices & Overview

Ridgewood Estates / Teleview Terrace median real estate price is $153,896, which is less expensive than 81.4% of Texas neighborhoods and 86.9% of all U.S. neighborhoods.

The average rental price in Ridgewood Estates / Teleview Terrace is currently $1,270, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 88.6% of Texas neighborhoods.

Ridgewood Estates / Teleview Terrace is a suburban neighborhood (based on population density) located in Fresno, Texas.

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

Real estate vacancies in Ridgewood Estates / Teleview Terrace are 4.0%, which is lower than one will find in 73.8% of American neighborhoods. Demand for real estate in Ridgewood Estates / Teleview Terrace 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.

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 Fresno, the Ridgewood Estates / Teleview Terrace neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

NeighborhoodScout's exclusive research revealed that 99.0% of the adult residents in the Ridgewood Estates / Teleview Terrace neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 98.8% of the neighborhoods in America.

In addition, with a nice mix of college students, safety from crime, and decent walkability, the Ridgewood Estates / Teleview Terrace neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 88.2% of the neighborhoods in TX. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 96.5% of all neighborhoods in America, with 34.3% 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.

Occupations

More people work in manufacturing and as laborers here in the Ridgewood Estates / Teleview Terrace neighborhood than in 96.0% 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.

Diversity

Did you know that the Ridgewood Estates / Teleview Terrace neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 83.9% of this neighborhood's residents have Mexican ancestry.

Ridgewood Estates / Teleview Terrace is also pretty special linguistically. Significantly, 81.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.8% of all U.S. neighborhoods.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the Ridgewood Estates / Teleview Terrace neighborhood live here today that also were living in this same neighborhood five years ago than is found in 98.8% 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.

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 Ridgewood Estates / Teleview Terrace neighborhood in Fresno are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 56.7% of the neighborhoods in America. With 23.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.4% 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 Ridgewood Estates / Teleview Terrace neighborhood, 43.0% 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 26.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.9%), and 7.2% in executive, management, and professional 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 Ridgewood Estates / Teleview Terrace neighborhood is Spanish, spoken by 81.8% of households. Other important languages spoken here include English and African languages.

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 Ridgewood Estates / Teleview Terrace neighborhood in Fresno, TX, residents most commonly identify their ethnicity or ancestry as Mexican (83.9%). In addition, 32.6% 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 Ridgewood Estates / Teleview Terrace neighborhood spend between 45 minutes and one hour commuting one-way to work (42.0% of working residents), longer and tougher than most commutes in America.

Here most residents (78.2%) 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 (12.9%) . 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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