Llano median real estate price is $272,329, which is more expensive than 47.0% of the neighborhoods in New Mexico and 33.5% of the neighborhoods in the U.S.
The average rental price in Llano is currently $1,651, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.6% of New Mexico neighborhoods.
Llano is a remote neighborhood (based on population density) located in Ranchos de Taos, New Mexico.
Llano real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Llano neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Llano. The current real estate vacancy rate here is 40.9%. This is higher than the rate of vacancies in 97.6% 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.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Modes of Transportation
Our research shows that more people carpool to work here in the Llano (36.2%) than in 99.6% of the neighborhoods in America.
Also, our research revealed that more commuters here take the bus to work (11.5% ride the bus) than 95.7% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Real Estate
Unpopulated, and rural, the Llano neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 96.8% of the neighborhoods in America. One of the notable things about Llano is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.
In addition, despite all of the residential real estate here in the Llano neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 40.9%, which is higher than 97.6% of all U.S. neighborhoods.
People
If you are planning to retire in New Mexico, this neighborhood should be on your must-see list. For many reasons, Llano may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in New Mexico, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.9% of neighborhoods in NM. If a New Mexico retirement is in your future, this neighborhood should be one of the places you visit.
Car Ownership
American households most often have a car, and regularly they have two or three. But households in the Llano neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 34.2% of the households here have four, five, or more cars. That is more cars per household than in 95.6% of the neighborhoods in the nation.
Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Llano neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Llano neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.2% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 95.6% of all neighborhoods in America.
Diversity
Did you know that the Llano neighborhood has more French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.9% of this neighborhood's residents have French Canadian ancestry.
Llano is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 96.6% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Llano neighborhood in Ranchos de Taos are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 65.7% of U.S. neighborhoods. With 33.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 84.3% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Llano neighborhood, 32.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 27.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.0%), and 18.2% in manufacturing and laborer occupations.
Languages
The most common language spoken in the Llano neighborhood is Spanish, spoken by 56.4% of households. Some people also speak English (39.3%).
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 Llano neighborhood in Ranchos de Taos, NM, residents most commonly identify their ethnicity or ancestry as Mexican (33.5%). There are also a number of people of Spanish ancestry (18.2%), and residents who report Irish roots (6.9%), and some of the residents are also of French Canadian ancestry (4.9%), along with some German ancestry residents (4.6%), among others.
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 Llano neighborhood spend between 15 and 30 minutes commuting one-way to work (34.8% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (10.2%) who commute over an hour in each direction.
Here most residents (51.2%) 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 (36.2%) and 11.5% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
