menu






Real Estate Prices & Overview

Bel-Air median real estate price is $263,317, which is more expensive than 47.4% of the neighborhoods in New Mexico and 33.2% of the neighborhoods in the U.S.

The average rental price in Bel-Air is currently $1,999, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.5% of the neighborhoods in New Mexico.

Bel-Air is a suburban neighborhood (based on population density) located in Albuquerque, New Mexico.

Bel-Air real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Bel-Air neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Bel-Air, the current vacancy rate is 3.0%, which is a lower rate of vacancies than 80.4% of all neighborhoods in the U.S. This means that the housing supply in Bel-Air 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 Albuquerque, the Bel-Air neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research shows that more people carpool to work here in the Bel-Air (27.7%) than in 98.2% of the neighborhoods in America.

Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Bel-Air neighborhood is a fantastic option for bicycle commuters, as 2.7% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 95.1% of the neighborhoods in America.

Diversity

Did you know that the Bel-Air neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.3% of this neighborhood's residents have Cuban ancestry.

Bel-Air is also pretty special linguistically. Significantly, 1.0% 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 97.5% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Bel-Air neighborhood in Albuquerque are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.9% of U.S. neighborhoods. With 37.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.3% 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 Bel-Air neighborhood, 30.1% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.4%), and 21.1% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Bel-Air neighborhood is English, spoken by 66.4% of households. Some people also speak Spanish (28.5%).

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 Bel-Air neighborhood in Albuquerque, NM, residents most commonly identify their ethnicity or ancestry as Mexican (35.9%). There are also a number of people of Irish ancestry (11.0%), and residents who report German roots (8.8%), and some of the residents are also of Spanish ancestry (7.8%), along with some Asian ancestry residents (3.6%), among others. In addition, 11.8% 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 Bel-Air neighborhood spend under 15 minutes commuting one-way to work (53.2% of working residents), one of the shortest commutes across America.

Here most residents (64.3%) 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 (27.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

comparable neighborhoods nearby