Timberwood Park is a mid-sized city located in the state of Texas. The city has a population of 26,388 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (85% White). Given that fact, Timberwood Park could be considered less diverse than other cities. Additionally, more than a quarter of the population of Timberwood Park are of Hispanic or Latino origin, and 19% of the population also speak Spanish. Timberwood Park is known to be family friendly as more than 84% of the population has already tied the knot. It might also be worth noting that 44% of residents also have children under the age of 18.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Timberwood Park could be a positive experience compared to other cities in Texas if you know where to search. To help you find the best places to live in and around Timberwood Park, AreaVibes has created a livability score using key metrics like amenities, education, housing and more.
The livability score in Timberwood Park is 79 out of 100 and the city is ranked in the 92nd percentile of all cities across America. This is a fantastic score, as Timberwood Park ranks well in multiple categories! Timberwood Park also ranks in the top 10 percent of all cities, which is no small feat! For each of the livability categories, we see that Timberwood Park ranks very well for crime (A), weather (A-), education (A+) and employment (B+). There is at least one category that did not score well in Timberwood Park. The following was graded with a disappointing score: amenities (D), cost of living (F) and housing (D).
School test scores can be an important metric in deciding if the local area schools can provide a solid educational system for children. The schools in Timberwood Park have a test score average of 89%, which is well above the US average.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Timberwood Park. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Timberwood Park are affordable. The median home price for Timberwood Park homes is $294,000, which is 106% higher than the Texas average. If we take a closer look at the affordability of homes in Timberwood Park, we’ll see that the home price to income ratio is 2.7, which is 3.8% higher than the Texas average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in Timberwood Park will offer some insight into determining if your home purchase will be a solid investment for years to come. In Timberwood Park, the year-over-year appreciation rates were 6.2%, and the 5 year appreciation rates came in at 3.6%.
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