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Real Estate Prices & Overview

Arco Iris Number 2 Colonia / FM 1426 Minnesota Road Colonia median real estate price is $91,595, which is less expensive than 95.2% of Texas neighborhoods and 96.5% of all U.S. neighborhoods.

The average rental price in Arco Iris Number 2 Colonia / FM 1426 Minnesota Road Colonia is currently $1,595, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.5% of Texas neighborhoods.

Arco Iris Number 2 Colonia / FM 1426 Minnesota Road Colonia is a suburban neighborhood (based on population density) located in San Juan, Texas.

Arco Iris Number 2 Colonia / FM 1426 Minnesota Road Colonia real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Arco Iris Number 2 Colonia / FM 1426 Minnesota Road Colonia 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.

Home and apartment vacancy rates are 7.0% in Arco Iris Number 2 Colonia / FM 1426 Minnesota Road Colonia. NeighborhoodScout analysis shows that this rate is lower than 53.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 San Juan, the Arco Iris Number 2 Colonia / FM 1426 Minnesota Road Colonia neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

More people work in manufacturing and as laborers here in the Arco Iris Number 2 Colonia / FM 1426 Minnesota Road Colonia neighborhood than in 99.6% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

People

With a nice mix of college students, safety from crime, and decent walkability, the Arco Iris Number 2 Colonia / FM 1426 Minnesota Road Colonia neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.3% of the neighborhoods in TX. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for families with school-aged children.

Diversity

Did you know that the Arco Iris Number 2 Colonia / FM 1426 Minnesota Road Colonia neighborhood has more Mexican and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 97.7% of this neighborhood's residents have Mexican ancestry and 2.8% have Brazilian ancestry.

Arco Iris Number 2 Colonia / FM 1426 Minnesota Road Colonia is also pretty special linguistically. Significantly, 89.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.5% of all U.S. neighborhoods.

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 Arco Iris Number 2 Colonia / FM 1426 Minnesota Road Colonia neighborhood in San Juan are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 93.2% of U.S. neighborhoods. With 42.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.5% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Arco Iris Number 2 Colonia / FM 1426 Minnesota Road Colonia neighborhood, 55.2% 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 18.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.9%), and 9.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Arco Iris Number 2 Colonia / FM 1426 Minnesota Road Colonia neighborhood is Spanish, spoken by 89.6% of households. Some people also speak English (10.4%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Arco Iris Number 2 Colonia / FM 1426 Minnesota Road Colonia neighborhood in San Juan, TX, residents most commonly identify their ethnicity or ancestry as Mexican (97.7%). There are also a number of people of Brazilian ancestry (2.8%). In addition, 30.9% 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 Arco Iris Number 2 Colonia / FM 1426 Minnesota Road Colonia neighborhood spend between 15 and 30 minutes commuting one-way to work (36.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (78.4%) 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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