Hidalgo Park Estates Colonia / Universal Estates Colonia median real estate price is $121,288, which is less expensive than 90.6% of Texas neighborhoods and 93.1% of all U.S. neighborhoods.
The average rental price in Hidalgo Park Estates Colonia / Universal Estates Colonia is currently $1,155, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 91.5% of Texas neighborhoods.
Hidalgo Park Estates Colonia / Universal Estates Colonia is an urban neighborhood (based on population density) located in Pharr, Texas.
Hidalgo Park Estates Colonia / Universal Estates Colonia real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Hidalgo Park Estates Colonia / Universal Estates 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.
In Hidalgo Park Estates Colonia / Universal Estates Colonia, the current vacancy rate is 1.7%, which is a lower rate of vacancies than 87.5% of all neighborhoods in the U.S. This means that the housing supply in Hidalgo Park Estates Colonia / Universal Estates Colonia is very tight compared to the demand for property here.
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 Pharr, the Hidalgo Park Estates Colonia / Universal Estates Colonia neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
American households most often have a car, and regularly they have two or three. But households in the Hidalgo Park Estates Colonia / Universal Estates Colonia neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 43.1% of the households here have four, five, or more cars. That is more cars per household than in 98.9% of the neighborhoods in the nation.
One of the really interesting characteristics about the Hidalgo Park Estates Colonia / Universal Estates Colonia 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 1.4% of college-friendly places to live in the state of Texas. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for families with school-aged children.
In addition, neighborhoodScout's exclusive research revealed that 94.9% of the adult residents in the Hidalgo Park Estates Colonia / Universal Estates Colonia neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.2% of the neighborhoods in America.
Some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Hidalgo Park Estates Colonia / Universal Estates Colonia neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 95.3% of all American neighborhoods.
Did you know that the Hidalgo Park Estates Colonia / Universal Estates Colonia neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 99.9% of this neighborhood's residents have Mexican ancestry.
Hidalgo Park Estates Colonia / Universal Estates Colonia is also pretty special linguistically. Significantly, 89.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.6% of all U.S. neighborhoods.
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 Hidalgo Park Estates Colonia / Universal Estates Colonia neighborhood in Pharr are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 40.9% of the neighborhoods in America. With 34.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.8% 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 Hidalgo Park Estates Colonia / Universal Estates Colonia neighborhood, 37.6% 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 21.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.4%), and 18.1% in executive, management, and professional occupations.
The most common language spoken in the Hidalgo Park Estates Colonia / Universal Estates Colonia neighborhood is Spanish, spoken by 89.8% of households. Some people also speak English (10.2%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Hidalgo Park Estates Colonia / Universal Estates Colonia neighborhood in Pharr, TX, residents most commonly identify their ethnicity or ancestry as Mexican (99.9%). In addition, 36.6% of the residents of this neighborhood were born in another country.
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 Hidalgo Park Estates Colonia / Universal Estates Colonia neighborhood spend between 15 and 30 minutes commuting one-way to work (34.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (74.6%) 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 (14.4%) and 5.3% of residents also hop out the door and walk to work 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.