Glencoe median real estate price is $324,990, which is less expensive than 64.8% of New Mexico neighborhoods and 71.2% of all U.S. neighborhoods.
The average rental price in Glencoe is currently $1,287, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.5% of New Mexico neighborhoods.
Glencoe is a remote neighborhood (based on population density) located in Ruidoso Downs, New Mexico.
Glencoe real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Glencoe 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.
Vacant apartments or homes are a major fact of life in Glencoe. The current real estate vacancy rate here is 49.3%. This is higher than the rate of vacancies in 98.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (42.9%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually 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.
Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 49.3% of the residential real estate vacant, the Glencoe neighborhood claims the distinction of having a higher vacancy rate than 98.6% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
In addition, the real estate in this neighborhood consists of more mobile homes than 95.7% of all neighborhoods in America, with 31.8% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.
There are more people living in the Glencoe neighborhood employed as sales and service workers (57.9%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Did you know that the Glencoe neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.8% of this neighborhood's residents have Native American ancestry.
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 Glencoe neighborhood in Ruidoso Downs are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 82.1% of U.S. neighborhoods. With 46.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.4% 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 Glencoe neighborhood, 42.1% 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 27.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (25.7%), and 3.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the Glencoe neighborhood is English, spoken by 78.6% of households. Some people also speak Spanish (17.5%).
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 Glencoe neighborhood in Ruidoso Downs, NM, residents most commonly identify their ethnicity or ancestry as Mexican (38.9%). There are also a number of people of English ancestry (7.8%), and residents who report Native American roots (6.8%), and some of the residents are also of Irish ancestry (6.2%), along with some German ancestry residents (6.1%), 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 Glencoe neighborhood spend under 15 minutes commuting one-way to work (48.6% of working residents), one of the shortest commutes across America.
Here most residents (79.7%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.