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Real Estate Prices & Overview

Vista Del Rio median real estate price is $226,048, which is more expensive than 38.3% of the neighborhoods in New Mexico and 26.6% of the neighborhoods in the U.S.

The average rental price in Vista Del Rio is currently $1,247, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.2% of New Mexico neighborhoods.

Vista Del Rio is a suburban neighborhood (based on population density) located in Albuquerque, New Mexico.

Vista Del Rio 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 occupied by a mixture of owners and renters. Many of the residences in the Vista Del Rio neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Vista Del Rio, the current vacancy rate is 2.9%, which is a lower rate of vacancies than 80.9% of all neighborhoods in the U.S. This means that the housing supply in Vista Del Rio 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 Vista Del Rio neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

One of the unique characteristics of the Vista Del Rio neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 96.9% of the neighborhoods in America.

In addition, the Vista Del Rio neighborhood is unique for having just 5.9% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 96.4% of America's neighborhoods.

Also, with a nice mix of college students, safety from crime, and decent walkability, the Vista Del Rio 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 89.1% of the neighborhoods in NM. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Modes of Transportation

In the Vista Del Rio neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 24.6% of commuters carpool here, which is more than in 96.9% of all U.S. neighborhoods.

Occupations

NeighborhoodScout's exclusive research identifies the Vista Del Rio neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 42.4% of its working residents employed in such fields, which is a higher proportion than 95.6% of American neighborhoods.

Migration / Stability

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. More residents of the Vista Del Rio neighborhood live here today that also were living in this same neighborhood five years ago than is found in 98.4% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

Diversity

Did you know that the Vista Del Rio neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 71.0% of this neighborhood's residents have Mexican ancestry.

Vista Del Rio is also pretty special linguistically. Significantly, 68.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.1% of all U.S. neighborhoods.

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 Vista Del Rio 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 96.9% of U.S. neighborhoods. With 43.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.0% 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 Vista Del Rio neighborhood, 42.4% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 27.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.1%), and 13.1% in executive, management, and professional occupations.

Languages

The most common language spoken in the Vista Del Rio neighborhood is Spanish, spoken by 68.3% of households. Some people also speak English (31.0%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Vista Del Rio neighborhood in Albuquerque, NM, residents most commonly identify their ethnicity or ancestry as Mexican (71.0%). There are also a number of people of Spanish ancestry (7.8%), and residents who report Irish roots (1.7%), and some of the residents are also of English ancestry (1.6%), along with some German ancestry residents (1.5%), among others. In addition, 18.9% of the residents of this neighborhood were born in another country.

Getting to Work

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 Vista Del Rio neighborhood spend between 15 and 30 minutes commuting one-way to work (40.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (68.6%) 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 (24.6%) . 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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