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Real Estate Prices & Overview

Casa Bonita Colonia median real estate price is $98,672, which is less expensive than 94.0% of Texas neighborhoods and 95.5% of all U.S. neighborhoods.

The average rental price in Casa Bonita Colonia is currently $1,090, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 95.9% of Texas neighborhoods.

Casa Bonita Colonia is an urban neighborhood (based on population density) located in McAllen, Texas.

Casa Bonita Colonia 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 occupied by a mixture of owners and renters. Many of the residences in the Casa Bonita Colonia 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.

Casa Bonita Colonia has a 12.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.2% 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

The Casa Bonita Colonia neighborhood stands out for having an average per capita income lower than 99.0% of the neighborhoods in the United States. Also of note, 60.7% 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, single parenting is hard. But you don't have to tell the Casa Bonita Colonia neighborhood about it; they already know. 18.8% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 96.3% 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

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Casa Bonita Colonia neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.8% of all American neighborhoods.

Modes of Transportation

In the Casa Bonita Colonia neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 22.1% of commuters carpool here, which is more than in 95.1% of all U.S. neighborhoods.

Diversity

Did you know that the Casa Bonita Colonia neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 93.6% of this neighborhood's residents have Mexican ancestry.

Casa Bonita Colonia is also pretty special linguistically. Significantly, 87.1% 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.

The Neighbors

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 Casa Bonita Colonia neighborhood in McAllen are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.0% of U.S. neighborhoods. With 60.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.0% 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 Casa Bonita Colonia neighborhood, 46.0% 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 executive, management, and professional occupations, with 19.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.5%), and 15.4% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Casa Bonita Colonia neighborhood is Spanish, spoken by 87.1% of households. Some people also speak English (12.9%).

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 Casa Bonita Colonia neighborhood in McAllen, TX, residents most commonly identify their ethnicity or ancestry as Mexican (93.6%). There are also a number of people of Spanish ancestry (1.1%). In addition, 25.1% 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 Casa Bonita Colonia neighborhood spend between 15 and 30 minutes commuting one-way to work (43.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (71.5%) 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 (22.1%) . 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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