Building Details:
• Year Built: 2017
603 W Euless Blvd is located in Euless, TX.
In Euless, TX, the current year population is 54,997. In 2010, the Census count in the area was 51,227. The rate of change since 2010 was 1.13% annually. The five-year projection for the population in the area is 58,026 representing a change of 1.08% annually from 2015 to 2020.
The household count in this area has changed from 21,531 in 2010 to 22,869 in the current year, a change of 0.97% annually. The five-year projection of households is 24,032, a change of 1% annually from the current year total.
Current median household income is $56,857 in the area, compared to $53,217 for all U.S. households. Median household income is projected to be $61,367 in five years, compared to $60,683 for all U.S. households.
Median home value in the area is $167,806, compared to a median home value of $200,006 for the U.S.
In five years, median value is projected to change by 2.36% annually to $188,575.
Young and Restless represent 27% of the households.
Gen Y comes of age: Well-educated young workers, some of whom are still completing their education, are employed in professional/technical occupations, as well as sales and office/administrative support roles. These residents are not established yet, but striving to get ahead and improve themselves. This market ranks in the top 5 for renters, movers, college enrollment, and labor force participation rate. Almost 1 in 5 residents move each year. Close to half of all householders are under the age of 35, the majority living alone or in shared non-family dwellings. Median household income is still below the US. Smartphones are a way of life, and they use the Internet extensively. Young and Restless consumers are diverse, favoring densely populated neighborhoods in large metropolitan areas; over 50% are located in the South (almost a fifth in Texas), with the rest chiefly in the West and Midwest.
OUR NEIGHBORHOOD
• One of the youngest markets: Half the householders under age 35; median age 29.4.
• Primarily single-person households (Index 163) with some shared households (Index 201).
• Highly mobile market, beginning careers and changing addresses frequently.
• Naturally, one of the top 5 renter markets (Index 237).
• Apartment rentals popular: 45% in 5–19 unit buildings (Index 507), 26% in 20+ unit buildings (Index 325).
• Majority of housing built in 1970 or later (83%).
SOCIOECONOMIC TRAITS
• Education completed: 2 out of 3 have some college, an associate’s degree, or a bachelor’s degree or higher. Education in progress: almost 15% are still enrolled in college (Index 185).
• Labor force participation rate is exceptionally high at 75.4%; unemployment is low at 7.8%.
• These are careful shoppers, aware of prices, and demonstrate little brand loyalty.
• They like to be the first to try new products, but prefer to do research before buying the latest electronics.
• Most of their information comes from the Internet and TV, rather than traditional media.
• Carry their cell phone everywhere they go.
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- Lori Arnold, agent and Rofo Pro