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Real Estate Prices & Overview

San Patricio / Hondo median real estate price is $348,056, which is more expensive than 63.4% of the neighborhoods in New Mexico and 44.8% of the neighborhoods in the U.S.

The average rental price in San Patricio / Hondo is currently $1,421, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.4% of New Mexico neighborhoods.

San Patricio / Hondo is a remote neighborhood (based on population density) located in Ruidoso Downs, New Mexico.

San Patricio / Hondo 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 owner occupied. Many of the residences in the San Patricio / Hondo 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 San Patricio / Hondo. The current real estate vacancy rate here is 29.1%. This is higher than the rate of vacancies in 95.0% 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.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Modes of Transportation

In the San Patricio / Hondo neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 36.5% of commuters carpool here, which is more than in 99.6% of all U.S. neighborhoods.

Real Estate

This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 3 people per square mile living here, this neighborhood is less crowded than 98.7% of America.

In addition, the real estate in this neighborhood consists of more mobile homes than 95.1% of all neighborhoods in America, with 29.5% 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.

Furthermore, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 29.1% of the residential real estate vacant, the San Patricio / Hondo neighborhood claims the distinction of having a higher vacancy rate than 95.0% 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.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the San Patricio / Hondo neighborhood has more single mother households than 96.1% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

In addition, of note, 55.1% 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

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the San Patricio / Hondo neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 3.6% of the workforce so employed, this neighborhood has a greater concentration of such workers than 95.3% of U.S. neighborhoods.

Diversity

Did you know that the San Patricio / Hondo neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.9% of this neighborhood's residents have Native American ancestry.

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 San Patricio / Hondo neighborhood in Ruidoso Downs are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.1% of U.S. neighborhoods. With 55.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.8% 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 San Patricio / Hondo neighborhood, 33.0% 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 28.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (27.3%), and 8.4% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the San Patricio / Hondo neighborhood is English, spoken by 75.1% of households. Some people also speak Spanish (22.7%).

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 San Patricio / Hondo neighborhood in Ruidoso Downs, NM, residents most commonly identify their ethnicity or ancestry as Mexican (44.4%). There are also a number of people of Native American ancestry (12.9%), and residents who report English roots (8.5%), and some of the residents are also of German ancestry (6.4%), along with some Irish ancestry residents (6.0%), among others.

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 San Patricio / Hondo neighborhood spend under 15 minutes commuting one-way to work (53.4% of working residents), one of the shortest commutes across America.

Here most residents (60.1%) 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 (36.5%) . 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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