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Real Estate Prices & Overview

Bob Bullock Loop / State Spur 400 median real estate price is $119,146, which is less expensive than 86.1% of Texas neighborhoods and 90.0% of all U.S. neighborhoods.

The average rental price in Bob Bullock Loop / State Spur 400 is currently $2,160, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.9% of the neighborhoods in Texas.

Bob Bullock Loop / State Spur 400 is a rural neighborhood (based on population density) located in Laredo, Texas.

Bob Bullock Loop / State Spur 400 real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Bob Bullock Loop / State Spur 400 neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

In Bob Bullock Loop / State Spur 400, the current vacancy rate is 2.7%, which is a lower rate of vacancies than 81.9% of all neighborhoods in the U.S. This means that the housing supply in Bob Bullock Loop / State Spur 400 is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Laredo, the Bob Bullock Loop / State Spur 400 neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Bob Bullock Loop / State Spur 400 neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 37.0% of the households here have four, five, or more cars. That is more cars per household than in 97.1% of the neighborhoods in the nation.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 96.7% of all neighborhoods in America, with 35.2% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

Diversity

Did you know that the Bob Bullock Loop / State Spur 400 neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 98.4% of this neighborhood's residents have Mexican ancestry.

Bob Bullock Loop / State Spur 400 is also pretty special linguistically. Significantly, 94.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.9% of all U.S. neighborhoods.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the Bob Bullock Loop / State Spur 400 neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.9% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

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 Bob Bullock Loop / State Spur 400 neighborhood in Laredo are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 47.0% of the neighborhoods in America. With 29.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 80.3% 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 Bob Bullock Loop / State Spur 400 neighborhood, 35.4% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 28.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.5%), and 13.9% in executive, management, and professional occupations.

Languages

The most common language spoken in the Bob Bullock Loop / State Spur 400 neighborhood is Spanish, spoken by 94.6% of households. Some people also speak English (5.4%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Bob Bullock Loop / State Spur 400 neighborhood in Laredo, TX, residents most commonly identify their ethnicity or ancestry as Mexican (98.4%). In addition, 32.6% of the residents of this neighborhood were born in another country.

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 Bob Bullock Loop / State Spur 400 neighborhood spend between 15 and 30 minutes commuting one-way to work (56.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (66.0%) 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 (17.1%) . 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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