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Real Estate Prices & Overview

Central median real estate price is $81,968, which is less expensive than 95.0% of Texas neighborhoods and 96.4% of all U.S. neighborhoods.

The average rental price in Central is currently $1,112, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 94.7% of Texas neighborhoods.

Central is a suburban neighborhood (based on population density) located in El Paso, Texas.

Central real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Central neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Vacant apartments or homes are a major fact of life in Central. The current real estate vacancy rate here is 18.0%. This is higher than the rate of vacancies in 83.8% 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

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 El Paso, the Central neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Central neighborhood stands out for having an average per capita income lower than 99.6% of the neighborhoods in the United States. Also of note, 71.8% 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.

In addition, neighborhoodScout's exclusive research revealed that 98.0% of the adult residents in the Central neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 98.6% of the neighborhoods in America.

Also, single parenting is hard. But you don't have to tell the Central neighborhood about it; they already know. 18.4% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 96.0% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Occupations

NeighborhoodScout's exclusive research identifies the Central neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 42.0% of its working residents employed in such fields, which is a higher proportion than 95.3% of American neighborhoods.

Diversity

Did you know that the Central neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 94.1% of this neighborhood's residents have Mexican ancestry.

Central is also pretty special linguistically. Significantly, 91.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.6% of all U.S. neighborhoods.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Central neighborhood. What is interesting to note, is that the Central neighborhood has a greater percentage of residents born in another country (44.1%) than are found in 95.8% of all U.S. neighborhoods.

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 Central neighborhood in El Paso are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.6% of U.S. neighborhoods. With 71.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.7% 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 Central neighborhood, 42.0% of the working population is employed in manufacturing and laborer 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 32.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.6%), and 9.3% in executive, management, and professional occupations.

Languages

The most common language spoken in the Central neighborhood is Spanish, spoken by 91.1% of households. Some people also speak English (8.7%).

Ethnicity / Ancestry

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 Central neighborhood in El Paso, TX, residents most commonly identify their ethnicity or ancestry as Mexican (94.1%). There are also a number of people of French ancestry (3.1%). In addition, 44.1% of the residents of this neighborhood were born in another country.

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 Central neighborhood spend between 15 and 30 minutes commuting one-way to work (49.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (60.8%) 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 (14.4%) and 5.9% of residents also ride the bus for their daily commute. 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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