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Real Estate Prices & Overview

Coors Blvd NW / Avalon Rd NW median real estate price is $306,350, which is more expensive than 56.2% of the neighborhoods in New Mexico and 39.0% of the neighborhoods in the U.S.

The average rental price in Coors Blvd NW / Avalon Rd NW is currently $1,625, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.3% of New Mexico neighborhoods.

Coors Blvd NW / Avalon Rd NW is an urban neighborhood (based on population density) located in Albuquerque, New Mexico.

Coors Blvd NW / Avalon Rd NW 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 occupied by a mixture of owners and renters. Many of the residences in the Coors Blvd NW / Avalon Rd NW neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Coors Blvd NW / Avalon Rd NW are 3.4%, which is lower than one will find in 75.5% of American neighborhoods. Demand for real estate in Coors Blvd NW / Avalon Rd NW is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Coors Blvd NW / Avalon Rd NW 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 Coors Blvd NW / Avalon Rd NW (32.4%) than in 99.1% of the neighborhoods in America.

People

Coors Blvd NW / Avalon Rd NW has the amazing distinction of housing more same sex couples living together than 97.5% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

In addition, of note, 58.2% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

Occupations

With 2.9% of employed workers living in the Coors Blvd NW / Avalon Rd NW neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 97.4% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Diversity

Did you know that the Coors Blvd NW / Avalon Rd NW neighborhood has more Russian and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.7% of this neighborhood's residents have Russian ancestry and 4.2% have Arab ancestry.

Coors Blvd NW / Avalon Rd NW is also pretty special linguistically. Significantly, 1.5% 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 98.6% 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 Coors Blvd NW / Avalon Rd NW 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 86.9% of U.S. neighborhoods. With 58.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.6% 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 Coors Blvd NW / Avalon Rd NW neighborhood, 34.8% 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 clerical, assistant, and tech support occupations, with 26.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.0%), and 17.9% in executive, management, and professional occupations.

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 Coors Blvd NW / Avalon Rd NW neighborhood is English, spoken by 52.7% of households. Other important languages spoken here include Spanish and Arabic.

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 Coors Blvd NW / Avalon Rd NW neighborhood in Albuquerque, NM, residents most commonly identify their ethnicity or ancestry as Mexican (57.8%). There are also a number of people of German ancestry (12.1%), and residents who report Spanish roots (8.0%), and some of the residents are also of Russian ancestry (6.7%), along with some Arab ancestry residents (4.2%), among others. In addition, 17.9% 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 Coors Blvd NW / Avalon Rd NW neighborhood spend between 15 and 30 minutes commuting one-way to work (55.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (52.2%) 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 (32.4%) . 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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