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Real Estate Prices & Overview

El Segundo Barrio median real estate price is $100,490, which is less expensive than 91.5% of Texas neighborhoods and 93.9% of all U.S. neighborhoods.

The average rental price in El Segundo Barrio is currently $763, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.5% of Texas neighborhoods.

El Segundo Barrio is an urban neighborhood (based on population density) located in El Paso, Texas.

El Segundo Barrio real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the El Segundo Barrio neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.

El Segundo Barrio has a 11.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.8% 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.

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

People

The El Segundo Barrio neighborhood stands out for having an average per capita income lower than 99.8% of the neighborhoods in the United States. The El Segundo Barrio neighborhood also has a greater percentage of children living in poverty (76.0%) than found in 99.1% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

In addition, neighborhoodScout's exclusive research revealed that 94.7% of the adult residents in the El Segundo Barrio neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.0% of the neighborhoods in America.

Also, one of the really interesting characteristics about the El Segundo Barrio neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 4.9% of college-friendly places to live in the state of Texas.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the El Segundo Barrio neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.9% of all American neighborhoods.

Furthermore, each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the El Segundo Barrio neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 96.0% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

Real Estate

Renter-occupied real estate is dominant in the El Segundo Barrio neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 88.7%, which is higher than 96.4% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 95.6% of U.S. neighborhoods.

Diversity

Did you know that the El Segundo Barrio neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 96.1% of this neighborhood's residents have Mexican ancestry.

El Segundo Barrio is also pretty special linguistically. Significantly, 94.5% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.9% of all U.S. neighborhoods.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the El Segundo Barrio neighborhood has a greater percentage of residents born in another country (45.1%) than are found in 96.2% 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 El Segundo Barrio 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 99.8% of U.S. neighborhoods. With 76.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.1% 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 El Segundo Barrio neighborhood, 43.0% 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 24.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.8%), and 9.5% in executive, management, and professional occupations.

Languages

The most common language spoken in the El Segundo Barrio neighborhood is Spanish, spoken by 94.5% of households. Some people also speak English (5.5%).

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 El Segundo Barrio neighborhood in El Paso, TX, residents most commonly identify their ethnicity or ancestry as Mexican (96.1%). There are also a number of people of German ancestry (2.0%). In addition, 45.1% 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 El Segundo Barrio neighborhood spend between 15 and 30 minutes commuting one-way to work (56.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (67.4%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (11.3%) and 9.8% of residents also carpool with coworkers, friends, or neighbors 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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