Alma Colonia / Alvacan Colonia median real estate price is $314,985, which is more expensive than 56.4% of the neighborhoods in Texas and 40.6% of the neighborhoods in the U.S.
The average rental price in Alma Colonia / Alvacan Colonia is currently $1,569, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.1% of Texas neighborhoods.
Alma Colonia / Alvacan Colonia is a suburban neighborhood (based on population density) located in Edinburg, Texas.
Alma Colonia / Alvacan Colonia real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Alma Colonia / Alvacan Colonia neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Alma Colonia / Alvacan Colonia has a 11.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.4% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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 Edinburg, the Alma Colonia / Alvacan Colonia neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Homes built from 2000 through today make up a higher proportion of the Alma Colonia / Alvacan Colonia neighborhood's real estate landscape than 97.3% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 81.5% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Alma Colonia / Alvacan Colonia neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 33.7% of the real estate here is made up of such dwellings, which is higher than 95.8% of all U.S. neighborhoods.
Our research shows that more people carpool to work here in the Alma Colonia / Alvacan Colonia (25.3%) than in 96.9% of the neighborhoods in America.
There are more people living in the Alma Colonia / Alvacan Colonia neighborhood employed as sales and service workers (60.8%) 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.
With a nice mix of college students, safety from crime, and decent walkability, the Alma Colonia / Alvacan Colonia 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 88.7% of the neighborhoods in TX. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Did you know that the Alma Colonia / Alvacan Colonia neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 88.7% of this neighborhood's residents have Mexican ancestry.
Alma Colonia / Alvacan Colonia is also pretty special linguistically. Significantly, 70.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.6% of all U.S. neighborhoods.
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 Alma Colonia / Alvacan Colonia neighborhood in Edinburg are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 64.5% of U.S. neighborhoods. With 17.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.5% 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 Alma Colonia / Alvacan Colonia neighborhood, 39.2% 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 manufacturing and laborer occupations, with 26.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (24.6%), and 11.8% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Alma Colonia / Alvacan Colonia neighborhood is Spanish, spoken by 70.9% of households. Some people also speak English (27.9%).
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 Alma Colonia / Alvacan Colonia neighborhood in Edinburg, TX, residents most commonly identify their ethnicity or ancestry as Mexican (88.7%). There are also a number of people of Irish ancestry (2.2%), and residents who report German roots (1.7%). In addition, 15.5% of the residents of this neighborhood were born in another country.
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 Alma Colonia / Alvacan Colonia 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 (71.2%) 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 (25.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.