S 29th St / Colbath Ave median real estate price is $185,394, which is less expensive than 76.2% of Texas neighborhoods and 82.7% of all U.S. neighborhoods.
The average rental price in S 29th St / Colbath Ave is currently $1,593, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.1% of Texas neighborhoods.
S 29th St / Colbath Ave is an urban neighborhood (based on population density) located in McAllen, Texas.
S 29th St / Colbath Ave real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the S 29th St / Colbath Ave 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.
Vacant apartments or homes are a major fact of life in S 29th St / Colbath Ave. The current real estate vacancy rate here is 18.7%. This is higher than the rate of vacancies in 86.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (17.0%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
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.
Most neighborhoods are composed of a mixture of ages of homes, but the S 29th St / Colbath Ave stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 83.8% of the residential real estate here was built in this one time period.
One of the really interesting characteristics about the S 29th St / Colbath Ave 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 3.3% of college-friendly places to live in the state of Texas.
Did you know that the S 29th St / Colbath Ave neighborhood has more Mexican and French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 93.3% of this neighborhood's residents have Mexican ancestry and 10.5% have French ancestry.
S 29th St / Colbath Ave is also pretty special linguistically. Significantly, 86.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.3% 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 S 29th St / Colbath Ave neighborhood in McAllen are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.3% of U.S. neighborhoods. With 30.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.9% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the S 29th St / Colbath Ave neighborhood, 38.1% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 23.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.8%), and 16.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the S 29th St / Colbath Ave neighborhood is Spanish, spoken by 86.0% of households. Some people also speak English (14.0%).
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 S 29th St / Colbath Ave neighborhood in McAllen, TX, residents most commonly identify their ethnicity or ancestry as Mexican (93.3%). There are also a number of people of French ancestry (10.5%), and residents who report Cuban roots (1.8%). In addition, 38.3% 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 S 29th St / Colbath Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (65.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (80.3%) 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 (9.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.