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Real Estate Prices & Overview

Park Way / E Park Dr median real estate price is $484,932, which is more expensive than 81.2% of the neighborhoods in Texas and 65.0% of the neighborhoods in the U.S.

The average rental price in Park Way / E Park Dr is currently $2,783, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.8% of the neighborhoods in Texas.

Park Way / E Park Dr is a suburban neighborhood (based on population density) located in Conroe, Texas.

Park Way / E Park Dr real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Park Way / E Park Dr neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Park Way / E Park Dr has a 11.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.8% 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.

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 Conroe, the Park Way / E Park Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research reveals that 91.4% of commuters who live in the Park Way / E Park Dr neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 97.7% of U.S. neighborhoods.

People

If you're nearing retirement age, or in retirement, the Park Way / E Park Dr is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 7.9% of retiree-friendly neighborhoods in Texas, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Texas. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for families with school-aged children and highly educated executives.

Diversity

Did you know that the Park Way / E Park Dr neighborhood has more English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.3% of this neighborhood's residents have English ancestry.

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 Park Way / E Park Dr neighborhood in Conroe are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.9% of the neighborhoods in America. In addition, 6.4% 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 60.2% 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 Park Way / E Park Dr neighborhood, 64.2% 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 18.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.1%).

Languages

The most common language spoken in the Park Way / E Park Dr neighborhood is English, spoken by 98.2% of households. Some people also speak Polish (3.6%).

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 Park Way / E Park Dr neighborhood in Conroe, TX, residents most commonly identify their ethnicity or ancestry as English (25.3%). There are also a number of people of German ancestry (8.9%), and residents who report Irish roots (5.9%), and some of the residents are also of Scottish ancestry (2.4%), along with some French ancestry residents (2.4%), among others.

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 Park Way / E Park Dr neighborhood spend between 45 minutes and one hour commuting one-way to work (36.9% of working residents), longer and tougher than most commutes in America.

Here most residents (91.4%) 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.


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Schools include:
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