Regency Park / Crystal Creek median real estate price is $827,290, which is more expensive than 95.5% of the neighborhoods in Texas and 85.8% of the neighborhoods in the U.S.
The average rental price in Regency Park / Crystal Creek is currently $2,781, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.7% of the neighborhoods in Texas.
Regency Park / Crystal Creek is an urban neighborhood (based on population density) located in Plano, Texas.
Regency Park / Crystal Creek real estate is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Regency Park / Crystal Creek neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Regency Park / Crystal Creek. The current real estate vacancy rate here is 16.7%. This is higher than the rate of vacancies in 81.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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 Plano, the Regency Park / Crystal Creek neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Occupations
Executives, managers and professionals make up 81.9% of the workforce in the Regency Park / Crystal Creek neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.4% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
People
Astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 99.1% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Regency Park / Crystal Creek neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 79.2% of the adults living in the Regency Park / Crystal Creek neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 97.5% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Also, if you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Regency Park / Crystal Creek neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 14.8% executive lifestyle neighborhoods in the state of Texas.
Modes of Transportation
In the Regency Park / Crystal Creek neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 33.3% 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 98.3% 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.
Real Estate
One of the really unique and interesting things about the look and setting of the Regency Park / Crystal Creek neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 79.7% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 96.7% of all neighborhoods in America.
In addition, homes built from 2000 through today make up a higher proportion of the Regency Park / Crystal Creek neighborhood's real estate landscape than 96.1% 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, 71.3% of the residential real estate here is classified as newer.
Diversity
Did you know that the Regency Park / Crystal Creek neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 65.8% of this neighborhood's residents have Asian ancestry.
Regency Park / Crystal Creek is also pretty special linguistically. Significantly, 23.3% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.
Migration / Stability
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Regency Park / Crystal Creek neighborhood has a greater percentage of residents born in another country (56.3%) than are found in 98.8% of all U.S. neighborhoods.
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 Regency Park / Crystal Creek neighborhood in Plano 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 86.2% of the neighborhoods in America. In addition, 3.0% 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 71.3% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Regency Park / Crystal Creek neighborhood, 81.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 7.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (7.1%), and 4.3% in government jobs, whether they are in local, state, or federal positions.
Languages
The most common language spoken in the Regency Park / Crystal Creek neighborhood is English, spoken by 37.9% of households. Some people also speak Langs. of India (23.3%).
Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Regency Park / Crystal Creek neighborhood in Plano, TX, residents most commonly identify their ethnicity or ancestry as Asian (65.8%). There are also a number of people of English ancestry (5.3%), and residents who report German roots (3.3%), and some of the residents are also of Mexican ancestry (1.6%), along with some Irish ancestry residents (1.5%), among others. In addition, 56.3% 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 Regency Park / Crystal Creek neighborhood spend between 15 and 30 minutes commuting one-way to work (38.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (54.8%) 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 (7.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
