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Real Estate Prices & Overview

El Valle de Arroyo Seco / Cundiyo median real estate price is $294,171, which is more expensive than 54.3% of the neighborhoods in New Mexico and 36.8% of the neighborhoods in the U.S.

The average rental price in El Valle de Arroyo Seco / Cundiyo is currently $1,597, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.4% of New Mexico neighborhoods.

El Valle de Arroyo Seco / Cundiyo is a remote neighborhood (based on population density) located in Espanola, New Mexico.

El Valle de Arroyo Seco / Cundiyo 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 El Valle de Arroyo Seco / Cundiyo neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in El Valle de Arroyo Seco / Cundiyo. The current real estate vacancy rate here is 26.3%. This is higher than the rate of vacancies in 93.2% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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 Espanola, the El Valle de Arroyo Seco / Cundiyo neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

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

In addition, if you're planning where to retire, the El Valle de Arroyo Seco / Cundiyo neighborhood in Espanola is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in NM, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 86.8% of the neighborhoods in New Mexico. If you are considering retiring to New Mexico, this is a good neighborhood to look at.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the El Valle de Arroyo Seco / Cundiyo neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 47.2% of the households here have four, five, or more cars. That is more cars per household than in 99.4% of the neighborhoods in the nation.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 95.1% of all neighborhoods in America, with 29.9% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

In addition, this neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 43 people per square mile living here, this neighborhood is less crowded than 90.5% of America.

Diversity

Significantly, 60.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.8% 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 El Valle de Arroyo Seco / Cundiyo neighborhood in Espanola are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 43.1% of the neighborhoods in America. 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.

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 El Valle de Arroyo Seco / Cundiyo neighborhood, 29.3% 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 24.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.9%), and 22.1% in manufacturing and laborer occupations.

Languages

The most common language spoken in the El Valle de Arroyo Seco / Cundiyo neighborhood is Spanish, spoken by 60.1% of households. Some people also speak English (39.9%).

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 El Valle de Arroyo Seco / Cundiyo neighborhood in Espanola, NM, residents most commonly identify their ethnicity or ancestry as Spanish (45.2%). There are also a number of people of Mexican ancestry (19.9%), and residents who report Irish roots (4.9%), and some of the residents are also of English ancestry (3.7%), along with some German ancestry residents (2.5%), among others.

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 El Valle de Arroyo Seco / Cundiyo neighborhood spend between 30 and 45 minutes commuting one-way to work (32.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (83.1%) 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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