Fairland median real estate price is $494,419, which is more expensive than 79.8% of the neighborhoods in Texas and 64.4% of the neighborhoods in the U.S.
The average rental price in Fairland is currently $2,160, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.9% of the neighborhoods in Texas.
Fairland is a rural neighborhood (based on population density) located in Marble Falls, Texas.
Fairland real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Fairland neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Fairland, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 87.1% of all neighborhoods in the U.S. This means that the housing supply in Fairland is very tight compared to the demand for property here.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Our research shows that more people carpool to work here in the Fairland (29.6%) than in 98.7% of the neighborhoods in America.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Fairland neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Fairland neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 58.4% 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 95.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Homes built from 2000 through today make up a higher proportion of the Fairland neighborhood's real estate landscape than 95.0% 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, 66.0% of the residential real estate here is classified as newer.
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 Fairland neighborhood in Marble Falls are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 75.3% of U.S. neighborhoods. In addition, 2.6% 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 72.9% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Fairland neighborhood, 37.5% 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 29.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (28.0%), and 4.6% in clerical, assistant, and tech support occupations.
The most common language spoken in the Fairland neighborhood is English, spoken by 86.6% of households. Some people also speak Spanish (13.4%).
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 Fairland neighborhood in Marble Falls, TX, residents most commonly identify their ethnicity or ancestry as Mexican (17.6%). There are also a number of people of English ancestry (12.5%), and residents who report Irish roots (12.5%), and some of the residents are also of German ancestry (7.0%), along with some French ancestry residents (1.7%), among others. In addition, 10.2% 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 Fairland neighborhood spend under 15 minutes commuting one-way to work (58.4% of working residents), one of the shortest commutes across America.
Here most residents (63.0%) 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 (29.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.