The Lofts At 610 Central SW / Silver Platinum median real estate price is $264,051, which is more expensive than 42.1% of the neighborhoods in New Mexico and 30.6% of the neighborhoods in the U.S.
The average rental price in The Lofts At 610 Central SW / Silver Platinum is currently $1,354, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.9% of New Mexico neighborhoods.
The Lofts At 610 Central SW / Silver Platinum is a suburban neighborhood (based on population density) located in Albuquerque, New Mexico.
The Lofts At 610 Central SW / Silver Platinum real estate is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the The Lofts At 610 Central SW / Silver Platinum neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in The Lofts At 610 Central SW / Silver Platinum. The current real estate vacancy rate here is 16.3%. This is higher than the rate of vacancies in 81.8% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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 The Lofts At 610 Central SW / Silver Platinum neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
One of the most interesting things about the The Lofts At 610 Central SW / Silver Platinum neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 75.1% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.9% of the neighborhoods in America.
In addition, one of the unique characteristics of the The Lofts At 610 Central SW / Silver Platinum neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.1% of the neighborhoods in America.
Also, an extraordinary 19.9% of the residents of the The Lofts At 610 Central SW / Silver Platinum 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.
Finally, the The Lofts At 610 Central SW / Silver Platinum neighborhood stands out within New Mexico for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 9.0% of college-friendly places to live in NM.
The The Lofts At 610 Central SW / Silver Platinum neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 99.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
In addition, 92.7% of the real estate in the The Lofts At 610 Central SW / Silver Platinum neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Furthermore, one of the really unique and interesting things about the look and setting of the The Lofts At 610 Central SW / Silver Platinum neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 85.3% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 97.5% of all neighborhoods in America.
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 The Lofts At 610 Central SW / Silver Platinum neighborhood have a highly unusual car ownership. 36.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.8% of U.S. neighborhoods.
In the The Lofts At 610 Central SW / Silver Platinum neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 11.1% of residents here. This is a higher proportion of walking commuters than we found in 95.5% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Did you know that the The Lofts At 610 Central SW / Silver Platinum neighborhood has more Native American and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.3% of this neighborhood's residents have Native American ancestry and 1.5% have Austrian ancestry.
The Lofts At 610 Central SW / Silver Platinum is also pretty special linguistically. Significantly, 2.9% 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 99.4% of the neighborhoods in America.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the The Lofts At 610 Central SW / Silver Platinum neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.8% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 The Lofts At 610 Central SW / Silver Platinum 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 99.1% of U.S. neighborhoods. With 14.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.7% 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 The Lofts At 610 Central SW / Silver Platinum neighborhood, 43.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 26.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (24.6%), and 6.8% in government jobs, whether they are in local, state, or federal positions.
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 The Lofts At 610 Central SW / Silver Platinum neighborhood is English, spoken by 86.1% of households. Other important languages spoken here include Spanish, Native American languages, Italian and Polish.
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 The Lofts At 610 Central SW / Silver Platinum neighborhood in Albuquerque, NM, residents most commonly identify their ethnicity or ancestry as Mexican (17.0%). There are also a number of people of Spanish ancestry (15.6%), and residents who report German roots (11.9%), and some of the residents are also of Native American ancestry (8.3%), along with some Irish ancestry residents (7.2%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in The Lofts At 610 Central SW / Silver Platinum neighborhood spend between 15 and 30 minutes commuting one-way to work (44.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (59.5%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (11.1%) and 5.8% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
