Aldama Estates Colonia / Bauman Estates Colonia median real estate price is $140,752, which is less expensive than 84.9% of Texas neighborhoods and 89.9% of all U.S. neighborhoods.
The average rental price in Aldama Estates Colonia / Bauman Estates Colonia is currently $1,633, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.6% of Texas neighborhoods.
Aldama Estates Colonia / Bauman Estates Colonia is a suburban neighborhood (based on population density) located in Socorro, Texas.
Aldama Estates Colonia / Bauman Estates Colonia 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 Aldama Estates Colonia / Bauman Estates 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.
Aldama Estates Colonia / Bauman Estates Colonia has a 9.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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.
One of the unique characteristics of the Aldama Estates Colonia / Bauman Estates Colonia neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 97.9% of the neighborhoods in America.
In addition, an extraordinary 11.1% of the residents of the Aldama Estates Colonia / Bauman Estates Colonia neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Aldama Estates Colonia / Bauman Estates Colonia neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 38.3% of the households here have four, five, or more cars. That is more cars per household than in 97.6% of the neighborhoods in the nation.
Did you know that the Aldama Estates Colonia / Bauman Estates Colonia neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 94.1% of this neighborhood's residents have Mexican ancestry.
Aldama Estates Colonia / Bauman Estates Colonia is also pretty special linguistically. Significantly, 82.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.8% of all U.S. neighborhoods.
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 Aldama Estates Colonia / Bauman Estates Colonia neighborhood in Socorro are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.9% of U.S. neighborhoods. With 35.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.2% 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 Aldama Estates Colonia / Bauman Estates Colonia neighborhood, 34.4% 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 executive, management, and professional occupations, with 33.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.0%), and 11.5% in clerical, assistant, and tech support occupations.
The most common language spoken in the Aldama Estates Colonia / Bauman Estates Colonia neighborhood is Spanish, spoken by 82.2% of households. Some people also speak English (17.8%).
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 Aldama Estates Colonia / Bauman Estates Colonia neighborhood in Socorro, TX, residents most commonly identify their ethnicity or ancestry as Mexican (94.1%). In addition, 32.4% of the residents of this neighborhood were born in another country.
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 Aldama Estates Colonia / Bauman Estates Colonia neighborhood spend between 15 and 30 minutes commuting one-way to work (48.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (80.7%) 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 (15.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.