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Real Estate Prices & Overview

Arroyo Colorado Estates / Arroyo Colorado Estates Colonia median real estate price is $189,102, which is more expensive than 27.5% of the neighborhoods in Texas and 19.8% of the neighborhoods in the U.S.

The average rental price in Arroyo Colorado Estates / Arroyo Colorado Estates Colonia is currently $1,611, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.0% of Texas neighborhoods.

Arroyo Colorado Estates / Arroyo Colorado Estates Colonia is a rural neighborhood (based on population density) located in San Benito, Texas.

Arroyo Colorado Estates / Arroyo Colorado Estates Colonia real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Arroyo Colorado Estates / Arroyo Colorado 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 Arroyo Colorado Estates / Arroyo Colorado Estates Colonia, 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 Arroyo Colorado Estates / Arroyo Colorado Estates Colonia is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 San Benito, the Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

With a real estate vacancy rate of only 0.0%, the Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

People

In a nation where 1 out of every 4 children lives in poverty, the Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, with a nice mix of college students, safety from crime, and decent walkability, the Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 86.6% of the neighborhoods in TX. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Modes of Transportation

While most Americans do drive to work alone each day, the Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood stands out by having 93.2% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 98.8% of all American neighborhoods.

Diversity

Did you know that the Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 77.9% of this neighborhood's residents have Mexican ancestry.

Arroyo Colorado Estates / Arroyo Colorado Estates Colonia is also pretty special linguistically. Significantly, 61.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.1% 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 Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood in San Benito are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.0% of U.S. neighborhoods. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood, 37.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.6%), and 17.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood is Spanish, spoken by 61.9% of households. Some people also speak English (38.1%).

Ethnicity / Ancestry

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 Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood in San Benito, TX, residents most commonly identify their ethnicity or ancestry as Mexican (77.9%). There are also a number of people of German ancestry (5.7%), and residents who report English roots (2.3%). In addition, 27.6% 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 Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood spend between 15 and 30 minutes commuting one-way to work (45.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (93.2%) 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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