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Real Estate Prices & Overview

E University Dr / N 16th Ave median real estate price is $161,250, which is less expensive than 79.8% of Texas neighborhoods and 85.7% of all U.S. neighborhoods.

The average rental price in E University Dr / N 16th Ave is currently $1,256, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 89.5% of Texas neighborhoods.

E University Dr / N 16th Ave is a suburban neighborhood (based on population density) located in Edinburg, Texas.

E University Dr / N 16th Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the E University Dr / N 16th Ave 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.

Real estate vacancies in E University Dr / N 16th Ave are 5.5%, which is lower than one will find in 63.0% of American neighborhoods. Demand for real estate in E University Dr / N 16th Ave is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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

Of note, 53.9% 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, according to NeighborhoodScout's research, E University Dr / N 16th Ave is better suited for first-time home buyers than 87.3% of neighborhoods in the state. Most homes here are priced below the state's median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in Texas. Along with an exclusive multi-metric measure of neighborhood quality developed by NeighborhoodScout that scores high here in this neighborhood, this means that buying into the neighborhood is not only an accessible option but considered a decent first time home buyer choice for building equity in your first home, while being in a quality neighborhood

Diversity

Did you know that the E University Dr / N 16th Ave 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.

E University Dr / N 16th Ave 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 E University Dr / N 16th Ave neighborhood in Edinburg are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.9% of U.S. neighborhoods. With 53.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.3% of U.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 E University Dr / N 16th Ave neighborhood, 33.7% 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 manufacturing and laborer occupations, with 28.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (25.9%), and 12.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the E University Dr / N 16th Ave neighborhood is Spanish, spoken by 87.1% of households. Some people also speak English (12.9%).

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 E University Dr / N 16th Ave neighborhood in Edinburg, TX, residents most commonly identify their ethnicity or ancestry as Mexican (93.6%). In addition, 23.5% 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 E University Dr / N 16th Ave neighborhood spend under 15 minutes commuting one-way to work (50.0% of working residents), one of the shortest commutes across America.

Here most residents (59.7%) 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 (21.9%) . 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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