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Real Estate Prices & Overview

Median real estate price in the City Center of Alvarado is $347,049, which is more expensive than 62.4% of the neighborhoods in Texas and 47.1% of the neighborhoods in the U.S.

The average rental price in Alvarado City Center is currently $1,771, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 51.2% of Texas neighborhoods.

Alvarado City Center is a rural neighborhood (based on population density) located in Alvarado, Texas.

Real estate in the City Center of Alvarado, TX 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 City Center neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 9.1% in Alvarado City Center. NeighborhoodScout analysis shows that this rate is lower than 42.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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.

Diversity

Significantly, 5.1% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.7% of the neighborhoods in America.

The Neighbors

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 City Center neighborhood in Alvarado are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 51.3% of the neighborhoods in America. With 39.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.7% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Alvarado City Center neighborhood, 40.6% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 30.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.5%), and 13.8% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Alvarado City Center neighborhood is English, spoken by 70.3% of households. Other important languages spoken here include Spanish and Russian.

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 City Center neighborhood in Alvarado, TX, residents most commonly identify their ethnicity or ancestry as Mexican (39.0%). There are also a number of people of German ancestry (9.2%), and residents who report Irish roots (8.0%), and some of the residents are also of English ancestry (6.6%), along with some Italian ancestry residents (4.9%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Alvarado City Center neighborhood spend between 45 minutes and one hour commuting one-way to work (25.2% of working residents), longer and tougher than most commutes in America.

Here most residents (78.3%) 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 (13.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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