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Real Estate Prices & Overview

Coronado Colonia / Stonegate Colonia Number 1 median real estate price is $416,494, which is more expensive than 73.7% of the neighborhoods in Texas and 57.2% of the neighborhoods in the U.S.

The average rental price in Coronado Colonia / Stonegate Colonia Number 1 is currently $3,437, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.6% of the neighborhoods in Texas.

Coronado Colonia / Stonegate Colonia Number 1 is a suburban neighborhood (based on population density) located in Mission, Texas.

Coronado Colonia / Stonegate Colonia Number 1 real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Coronado Colonia / Stonegate Colonia Number 1 neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Coronado Colonia / Stonegate Colonia Number 1, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Coronado Colonia / Stonegate Colonia Number 1 is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Coronado Colonia / Stonegate Colonia Number 1 neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, the Coronado Colonia / Stonegate Colonia Number 1 neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 99.0% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 97.6% of all neighborhoods in America.

Modes of Transportation

Our research reveals that 91.4% of commuters who live in the Coronado Colonia / Stonegate Colonia Number 1 neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 97.8% of U.S. neighborhoods.

People

A majority of the adults in the Coronado Colonia / Stonegate Colonia Number 1 neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Texas by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 96.3% of the neighborhoods in Texas. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children, college students and urban sophisticates.

Occupations

Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Coronado Colonia / Stonegate Colonia Number 1 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 95.8% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

Diversity

Did you know that the Coronado Colonia / Stonegate Colonia Number 1 neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 76.9% of this neighborhood's residents have Mexican ancestry.

Coronado Colonia / Stonegate Colonia Number 1 is also pretty special linguistically. Significantly, 74.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.0% 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 Coronado Colonia / Stonegate Colonia Number 1 neighborhood in Mission are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 90.5% of the neighborhoods in America. With 25.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.5% 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 Coronado Colonia / Stonegate Colonia Number 1 neighborhood, 55.5% 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 25.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.6%), and 5.1% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Coronado Colonia / Stonegate Colonia Number 1 neighborhood is Spanish, spoken by 74.4% of households. Some people also speak English (25.0%).

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 Coronado Colonia / Stonegate Colonia Number 1 neighborhood in Mission, TX, residents most commonly identify their ethnicity or ancestry as Mexican (76.9%). There are also a number of people of English ancestry (3.4%), and residents who report Irish roots (3.2%), and some of the residents are also of Italian ancestry (1.2%). In addition, 25.3% 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 Coronado Colonia / Stonegate Colonia Number 1 neighborhood spend between 15 and 30 minutes commuting one-way to work (49.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (91.4%) drive alone in a private automobile to get to work. 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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