Shaddock Creek Estates / Griffin Parc median real estate price is $832,837, which is more expensive than 93.4% of the neighborhoods in Texas and 84.0% of the neighborhoods in the U.S.
The average rental price in Shaddock Creek Estates / Griffin Parc is currently $2,882, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 91.2% of the neighborhoods in Texas.
Shaddock Creek Estates / Griffin Parc is a suburban neighborhood (based on population density) located in Frisco, Texas.
Shaddock Creek Estates / Griffin Parc real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Shaddock Creek Estates / Griffin Parc neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Shaddock Creek Estates / Griffin Parc has a 9.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.1% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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.
Homes built from 2000 through today make up a higher proportion of the Shaddock Creek Estates / Griffin Parc neighborhood's real estate landscape than 99.1% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 92.1% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
In addition, one way that the Shaddock Creek Estates / Griffin Parc neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.4% 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.
A majority of the adults in the Shaddock Creek Estates / Griffin Parc 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 98.7% 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 urban sophisticates.
In the Shaddock Creek Estates / Griffin Parc neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 30.4% 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 97.1% 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.
Did you know that the Shaddock Creek Estates / Griffin Parc neighborhood has more Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.9% of this neighborhood's residents have Iranian ancestry.
Shaddock Creek Estates / Griffin Parc is also pretty special linguistically. Significantly, 3.0% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 97.6% of the neighborhoods in America.
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 Shaddock Creek Estates / Griffin Parc neighborhood in Frisco 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 93.3% of the neighborhoods in America. In addition, 1.6% 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 76.7% 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 Shaddock Creek Estates / Griffin Parc neighborhood, 58.3% 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 23.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.1%), and 9.1% in manufacturing and laborer occupations.
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 Shaddock Creek Estates / Griffin Parc neighborhood is English, spoken by 79.4% of households. Other important languages spoken here include Spanish, Korean and Vietnamese.
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 Shaddock Creek Estates / Griffin Parc neighborhood in Frisco, TX, residents most commonly identify their ethnicity or ancestry as German (16.4%). There are also a number of people of Asian ancestry (15.5%), and residents who report Irish roots (12.9%), and some of the residents are also of English ancestry (8.1%), along with some Italian ancestry residents (5.8%), among others. In addition, 17.9% 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 Shaddock Creek Estates / Griffin Parc neighborhood spend between 30 and 45 minutes commuting one-way to work (34.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (63.8%) 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.