Hollywood / Village Center median real estate price is $609,407, which is more expensive than 92.9% of the neighborhoods in New Mexico and 74.7% of the neighborhoods in the U.S.
The average rental price in Hollywood / Village Center is currently $1,173, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 84.4% of New Mexico neighborhoods.
Hollywood / Village Center is a rural neighborhood (based on population density) located in Ruidoso, New Mexico.
Hollywood / Village Center 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 Hollywood / Village Center 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 Hollywood / Village Center. The current real estate vacancy rate here is 46.6%. This is higher than the rate of vacancies in 98.5% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (32.9%). 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.
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.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Hollywood / Village Center neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 78.1% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 46.6% of the residential real estate vacant, the Hollywood / Village Center neighborhood claims the distinction of having a higher vacancy rate than 98.5% 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.
NeighborhoodScout's analysis shows that the Hollywood / Village Center neighborhood has a greater concentration of residents currently enrolled in college than 96.6% of the neighborhoods in the U.S. With 13.0% of the population here attending college, this is very much a college-focused neighborhood.
Did you know that the Hollywood / Village Center neighborhood has more Austrian and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.5% of this neighborhood's residents have Austrian ancestry and 8.5% have Welsh ancestry.
Hollywood / Village Center is also pretty special linguistically. Significantly, 2.6% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 97.6% of the neighborhoods in America.
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 Hollywood / Village Center neighborhood in Ruidoso are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.3% of U.S. neighborhoods. With 43.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.6% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Hollywood / Village Center neighborhood, 49.5% 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 manufacturing and laborer occupations (12.6%), and 11.7% in clerical, assistant, and tech support occupations.
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 Hollywood / Village Center neighborhood is English, spoken by 89.3% of households. Other important languages spoken here include Spanish, German/Yiddish and Polish.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Hollywood / Village Center neighborhood in Ruidoso, NM, residents most commonly identify their ethnicity or ancestry as Irish (23.6%). There are also a number of people of Mexican ancestry (20.3%), and residents who report German roots (15.8%), and some of the residents are also of Welsh ancestry (8.5%), along with some English ancestry residents (7.1%), 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 Hollywood / Village Center neighborhood spend under 15 minutes commuting one-way to work (78.1% of working residents), one of the shortest commutes across America.
Here most residents (77.9%) 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 (7.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.