Neighborhood Profile

Tokawa Springs

Round Rock, TX | Williamson County
Scored premium profile
Best Neighborhoods USA Index
67.2
National rank: #1,952 of 14,967
Stability and Strength
69.8
Score
Value Opportunity
58.8
Score
Momentum
74.8
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationRound Rock, TX
CountyWilliamson County
National rank#1,952 of 14,967
State rank#153 of 1,241
City rank#7 of 17
County rank#7 of 24
National percentile87.0
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$859,644
Year-over-year home value change5.6%
Month-over-month home value change-0.03%
Home value to income ratio6.16
Median household income$139,599
Bachelor's degree or higher48.4%
Civilian unemployment rate4.0%
Homeownership rate74.9%
Housing vacancy rate3.1%
Rent burden 30% or higher50.6%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Tokawa Springs

What is the Best Neighborhoods USA ranking for Tokawa Springs?

Tokawa Springs is ranked #7 of 17 eligible neighborhoods in Round Rock; #153 of 1,241 eligible neighborhoods in TX; and #1,952 of 14,967 eligible neighborhoods in the United States.

Is Tokawa Springs one of the best neighborhoods in Round Rock?

Tokawa Springs has a Best Neighborhoods USA Index of 67.2 and a city ranking of #7 of 17 eligible neighborhoods in Round Rock.

How much are homes worth in Tokawa Springs?

The current Zillow Home Value Index for Tokawa Springs is approximately $859,644.

Are home values rising or falling in Tokawa Springs?

Zillow neighborhood values changed 5.6% year over year and -0.03% month over month.

What is the Neighborhood Momentum Score for Tokawa Springs?

Tokawa Springs has a Neighborhood Momentum Score of 74.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Tokawa Springs?

The NDS-derived neighborhood median household income is approximately $139,599.

How affordable is Tokawa Springs relative to household income?

The current Zillow home-value-to-household-income ratio is 6.16. Price-to-income affordability is a major Value Opportunity input.

Is Tokawa Springs primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 74.9%.

What is the unemployment rate in Tokawa Springs?

The NDS-derived civilian unemployment rate is approximately 4.0%.

How educated are residents of Tokawa Springs?

Approximately 48.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Tokawa Springs face high rent burden?

Approximately 50.6% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Tokawa Springs?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications5
Estimated originations3
Home-purchase applications3
Origination rate61.1%
Home-purchase share59.6%
Average application loan$445,596
Total application loan amount$2,328,015
National application rank#13,706 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -47.3% YoY; originations -32.2% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.