Belmont Plaza median real estate price is $269,872, which is more expensive than 45.4% of the neighborhoods in Texas and 32.3% of the neighborhoods in the U.S.
The average rental price in Belmont Plaza is currently $1,567, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.2% of Texas neighborhoods.
Belmont Plaza is a suburban neighborhood (based on population density) located in Laredo, Texas.
Belmont Plaza real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Belmont Plaza neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Home and apartment vacancy rates are 6.9% in Belmont Plaza. NeighborhoodScout analysis shows that this rate is lower than 51.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Belmont Plaza neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.6% of all American neighborhoods.
If you're nearing retirement age, or in retirement, the Belmont Plaza is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 8.3% of retiree-friendly neighborhoods in Texas, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Texas. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for college students.
Did you know that the Belmont Plaza neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 85.9% of this neighborhood's residents have Mexican ancestry.
Belmont Plaza is also pretty special linguistically. Significantly, 87.7% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.4% of all U.S. neighborhoods.
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. More residents of the Belmont Plaza neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.6% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
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 Belmont Plaza neighborhood in Laredo are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 66.0% of U.S. neighborhoods. With 11.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 55.0% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Belmont Plaza neighborhood, 40.0% 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 39.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.6%), and 10.4% in clerical, assistant, and tech support occupations.
The most common language spoken in the Belmont Plaza neighborhood is Spanish, spoken by 87.7% of households. Some people also speak English (11.8%).
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 Belmont Plaza neighborhood in Laredo, TX, residents most commonly identify their ethnicity or ancestry as Mexican (85.9%). There are also a number of people of Dominican ancestry (1.8%), and residents who report German roots (1.1%). In addition, 31.2% 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 Belmont Plaza 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 (79.4%) 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 (16.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.