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Real Estate Prices & Overview

S Meadows Rd / Jarmarillo Ln median real estate price is $394,976, which is more expensive than 78.5% of the neighborhoods in New Mexico and 55.4% of the neighborhoods in the U.S.

The average rental price in S Meadows Rd / Jarmarillo Ln is currently $2,521, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.9% of the neighborhoods in New Mexico.

S Meadows Rd / Jarmarillo Ln is a suburban neighborhood (based on population density) located in Santa Fe, New Mexico.

S Meadows Rd / Jarmarillo Ln real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) mobile homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the S Meadows Rd / Jarmarillo Ln 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.

Real estate vacancies in S Meadows Rd / Jarmarillo Ln are 5.0%, which is lower than one will find in 66.7% of American neighborhoods. Demand for real estate in S Meadows Rd / Jarmarillo Ln is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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.

Real Estate

The S Meadows Rd / Jarmarillo Ln neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 55.5% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.4% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the S Meadows Rd / Jarmarillo Ln neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 19.6% of its workforce, this neighborhood has a greater concentration of government workers than 98.9% of U.S. neighborhoods.

People

Of particular note, 11.0% of the people in the S Meadows Rd / Jarmarillo Ln neighborhood currently reside in a correction facility, held due to punishment for a crime.

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 S Meadows Rd / Jarmarillo Ln neighborhood in Santa Fe are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.4% of U.S. neighborhoods. With 28.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.1% 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 S Meadows Rd / Jarmarillo Ln neighborhood, 33.9% 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 28.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.2%), and 19.6% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the S Meadows Rd / Jarmarillo Ln neighborhood is Spanish, spoken by 51.9% of households. Some people also speak English (46.1%).

Ethnicity / Ancestry

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 S Meadows Rd / Jarmarillo Ln neighborhood in Santa Fe, NM, residents most commonly identify their ethnicity or ancestry as Mexican (40.1%). There are also a number of people of Spanish ancestry (27.7%), and residents who report English roots (2.9%), and some of the residents are also of German ancestry (2.2%), along with some Puerto Rican ancestry residents (2.2%), among others. In addition, 23.7% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in S Meadows Rd / Jarmarillo Ln neighborhood spend between 15 and 30 minutes commuting one-way to work (43.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (77.2%) 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 (11.5%) . 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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Crime includes:
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