Population 5,512 · Census ACS 2020–24
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Population and households in Parkway and Cherry Point
Household size in Parkway and Cherry Point
| Period | Parkway and Cherry Point | Lubbock | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.68 | 2.54 | 2.87 | 2.68 |
| 2010–14 | 2.94 | 2.59 | 2.93 | 2.73 |
| 2015–19 | 2.88 | 2.59 | 2.95 | 2.71 |
| 2020–24 | 2.83 | 2.50 | 2.83 | 2.65 |
| Change | +0.15 | −0.04 | −0.05 | −0.03 |
Households in Parkway and Cherry Point average 2.83 people, above the national 2.65, so families with children are more common here. Since 2006–10, household size has climbed from 2.68, even as the national average fell. Only one other Lubbock neighborhood has larger households.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Parkway and Cherry Point
| Period | Parkway and Cherry Point | Lubbock | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | 31.1 | 33.2 | 34.7 | 37.7 |
| 2010–14 | 30.6 | 32.8 | 35.4 | 38.6 |
| 2015–19 | 31.2 | 33.2 | 36.1 | 39.6 |
| 2020–24 | 37.7 | 33.5 | 36.7 | 40.1 |
| Change | +6.6 | +0.3 | +2.0 | +2.3 |
Parkway and Cherry Point is a little younger than the country as a whole: its median age is 37.7, against 40.1 nationally. Even so, the population here is older than in Lubbock overall, where the median age is 33.5. The median age has climbed from 31.1 in 2006–10, as it has nationally. Of Lubbock's 12 neighborhoods, only two are older.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Parkway and Cherry Point
| Period | Parkway and Cherry Point | Lubbock | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | 24.0% | 12.5% | 13.7% | 12.3% |
| 2010–14 | 33.9% | 13.1% | 13.7% | 12.3% |
| 2015–19 | 30.1% | 13.2% | 13.1% | 11.6% |
| 2020–24 | 23.0% | 12.6% | 12.9% | 11.6% |
| Change | −1.0 pts | +0.1 pts | −0.8 pts | −0.6 pts |
Single-parent households are common in Parkway and Cherry Point: 23.0% of all households, against 11.6% nationally. The single-parent share is down 1.0 points from 2006–10, in line with the national trend. Only one other Lubbock neighborhood has a higher share of single-parent households.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Parkway and Cherry Point
Renters in Parkway and Cherry Point
| Period | Parkway and Cherry Point | Lubbock | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | 41.4% | 42.1% | 35.2% | 33.3% |
| 2010–14 | 44.1% | 44.8% | 37.3% | 35.6% |
| 2015–19 | 56.0% | 46.8% | 38.0% | 36.0% |
| 2020–24 | 50.3% | 46.8% | 37.4% | 34.8% |
| Change | +8.9 pts | +4.7 pts | +2.3 pts | +1.5 pts |
Renters far outnumber owners in Parkway and Cherry Point: 50.3% of households rent their homes, against 34.8% nationally. About nine in ten owners (89.4%) have paid off their mortgages, well above the national share of 39.8%. Since 2006–10, the renter share has risen 8.9 points, a much bigger shift than nationally.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Parkway and Cherry Point
| Period | Parkway and Cherry Point | Lubbock | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | 14.1% | 10.7% | 11.8% | 11.4% |
| 2010–14 | 16.3% | 9.7% | 10.9% | 11.4% |
| 2015–19 | 10.9% | 11.4% | 10.9% | 11.1% |
| 2020–24 | 17.2% | 9.1% | 9.4% | 9.6% |
| Change | +3.1 pts | −1.6 pts | −2.4 pts | −1.8 pts |
Vacant homes make up 17.2% of the housing in Parkway and Cherry Point, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand. Vacancy has risen 3.1 points since 2006–10, even as the national rate fell.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Parkway and Cherry Point
| Period | Parkway and Cherry Point | Lubbock | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | 1962 | 1980 | 1983 | 1974 |
| 2010–14 | 1970 | 1981 | 1985 | 1975 |
| 2015–19 | 1972 | 1983 | 1987 | 1977 |
| 2020–24 | 1969 | 1987 | 1992 | 1980 |
| Change | +6 | +7 | +8 | +6 |
Parkway and Cherry Point is a place of older homes: half were built before 1969, while the national median is 1980. That means established neighborhoods, and more houses that may need updating. The median year built has moved up from 1962 in 2006–10, a sign of steady new building. Newer construction is concentrated in the northwest, while the northeast has the oldest housing.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Parkway and Cherry Point
| Period | Parkway and Cherry Point | Lubbock | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | $623 | $777 | $921 | $965 |
| 2010–14 | $771 | $859 | $1,005 | $1,040 |
| 2015–19 | $809 | $1,024 | $1,178 | $1,213 |
| 2020–24 | $1,001 | $1,261 | $1,560 | $1,571 |
| Change | +$378 | +$484 | +$639 | +$606 |
A typical rental in Parkway and Cherry Point costs $1,001 a month with utilities, well below the national median of $1,571. Rents are up $378 a month from 2006–10, a 61% jump, roughly in step with the nation. Rent takes 36.4% of the typical renter's income, well over the 30% mark often used to define affordable rent, so many renters here are stretched. Only one other Lubbock neighborhood has lower rents.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Parkway and Cherry Point
Bachelor's degrees in Parkway and Cherry Point
| Period | Parkway and Cherry Point | Lubbock | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | 9.0% | 29.0% | 27.0% | 28.4% |
| 2010–14 | 3.5% | 30.0% | 27.9% | 29.6% |
| 2015–19 | 6.0% | 33.2% | 30.0% | 32.1% |
| 2020–24 | 8.6% | 35.0% | 34.0% | 35.6% |
| Change | −0.3 pts | +5.9 pts | +7.1 pts | +7.2 pts |
College degrees are relatively uncommon in Parkway and Cherry Point: 8.6% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%. No other Lubbock neighborhood has a lower share of college graduates.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Parkway and Cherry Point
| Period | Parkway and Cherry Point | Lubbock | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | 68.4% | 83.8% | 80.7% | 84.9% |
| 2010–14 | 65.9% | 86.6% | 82.0% | 86.1% |
| 2015–19 | 73.4% | 86.9% | 83.6% | 87.7% |
| 2020–24 | 70.1% | 85.3% | 85.8% | 89.3% |
| Change | +1.8 pts | +1.5 pts | +5.1 pts | +4.3 pts |
About three in ten adults in Parkway and Cherry Point never finished high school, well above the national share: only 70.1% have a diploma or equivalent, against 89.3% nationally. Since 2006–10, the share with a diploma has risen 1.8 points, mirroring the country. Only one other Lubbock neighborhood has a lower share of high school graduates.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Parkway and Cherry Point
| Period | Parkway and Cherry Point | Lubbock | Texas | U.S. |
|---|---|---|---|---|
| 2006–10 | 12.3% | 6.1% | 7.0% | 8.1% |
| 2010–14 | 14.7% | 6.3% | 7.7% | 9.4% |
| 2015–19 | 5.3% | 3.9% | 5.1% | 5.6% |
| 2020–24 | 16.6% | 5.5% | 5.3% | 5.4% |
| Change | +4.3 pts | −0.6 pts | −1.7 pts | −2.7 pts |
Finding work has been harder in Parkway and Cherry Point: 16.6% of the labor force was out of work and looking, well above the national rate of 5.4%. Parkway and Cherry Point has the highest unemployment rate of any Lubbock neighborhood. Unemployment is up 4.3 points from 2006–10, even as the national rate fell.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Parkway and Cherry Point compared with nearby neighborhoods
| Neighborhood | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Parkway and Cherry Point | 2.83 | 37.7 | 23.0% | 50.3% | 17.2% | 1969 | $1,001 | 8.6% | 70.1% | 16.6% |
| North Overton | 1.90 | 21.8 | 5.3% | 99.6% | 18.3% | 1998 | $1,301 | 59.3% | 78.3% | 3.6% |
| South Overton | 2.35 | 20.3 | 11.7% | 88.6% | 11.2% | 1982 | $1,142 | 34.1% | 9.1% | 12.5% |
| Clapp Park | 2.86 | 25.5 | 26.1% | 59.4% | 12.7% | 1961 | $1,254 | 18.2% | 78.8% | 6.1% |
| Arnett Benson | 2.36 | 27.5 | 14.8% | 77.0% | 14.1% | 1983 | $995 | 27.7% | 78.7% | 6.7% |
| Tech Terrace-U.N.I.T. | 2.24 | 28.3 | 7.3% | 59.9% | 9.3% | 1954 | $1,324 | 67.8% | 95.8% | 6.9% |
| Bayless Atkins | 2.49 | 38.3 | 19.8% | 42.4% | 12.2% | 1969 | $1,112 | 23.8% | 86.0% | 5.6% |
| Caprock | 2.65 | 34.2 | 12.8% | 47.9% | 6.8% | 1963 | $1,223 | 36.0% | 91.5% | 2.5% |
| Waters | 2.35 | 38.0 | 5.2% | 32.3% | 6.7% | 1976 | $1,063 | 45.2% | 93.0% | 3.6% |
| University Pines | 2.24 | 36.8 | 5.9% | 20.2% | 5.0% | 1981 | $1,527 | 27.9% | 94.3% | 0.6% |
| Bowie | 2.02 | 27.6 | 10.3% | 71.4% | 12.1% | 1982 | $1,214 | 35.1% | 92.9% | 4.7% |
All figures 2020–24.
Neighborhoods with similar populations: Jacksonville Heights West, Jacksonville, FL · Stonybrook-Wilshire, York, PA · South Hagginwood, Sacramento, CA · Sierra Montana, Surprise, AZ · Shoreview, San Mateo, CA · Seven Bar Ranch, Albuquerque, NM · Kenawood-Rockwood, Lexington, KY · Juneau Town, Milwaukee, WI · Jingletown, Oakland, CA · Sunnyside-Flagstaff, Flagstaff, AZ
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Parkway and Cherry Point. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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