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Real Estate Prices & Overview

Diana Colonia Number 2 / Diana Colonia Number 3 median real estate price is $164,038, which is less expensive than 79.0% of Texas neighborhoods and 85.1% of all U.S. neighborhoods.

The average rental price in Diana Colonia Number 2 / Diana Colonia Number 3 is currently $1,665, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 59.5% of Texas neighborhoods.

Diana Colonia Number 2 / Diana Colonia Number 3 is a rural neighborhood (based on population density) located in Weslaco, Texas.

Diana Colonia Number 2 / Diana Colonia Number 3 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 Diana Colonia Number 2 / Diana Colonia Number 3 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 Diana Colonia Number 2 / Diana Colonia Number 3 are 3.1%, which is lower than one will find in 79.2% of American neighborhoods. Demand for real estate in Diana Colonia Number 2 / Diana Colonia Number 3 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

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.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Diana Colonia Number 2 / Diana Colonia Number 3 neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 41.6% of the households here have four, five, or more cars. That is more cars per household than in 98.6% of the neighborhoods in the nation.

Modes of Transportation

In the Diana Colonia Number 2 / Diana Colonia Number 3 neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 25.4% of commuters carpool here, which is more than in 97.3% of all U.S. neighborhoods.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Diana Colonia Number 2 / Diana Colonia Number 3 neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 4.4% of the workforce so employed, this neighborhood has a greater concentration of such workers than 96.2% of U.S. neighborhoods.

Furthermore, there are more people living in the Diana Colonia Number 2 / Diana Colonia Number 3 neighborhood employed as sales and service workers (60.7%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Diana Colonia Number 2 / Diana Colonia Number 3 neighborhood has more single mother households than 96.0% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Diversity

Did you know that the Diana Colonia Number 2 / Diana Colonia Number 3 neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 94.0% of this neighborhood's residents have Mexican ancestry.

Diana Colonia Number 2 / Diana Colonia Number 3 is also pretty special linguistically. Significantly, 92.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.7% 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 Diana Colonia Number 2 / Diana Colonia Number 3 neighborhood in Weslaco are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.6% of U.S. neighborhoods. With 25.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 75.9% 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 Diana Colonia Number 2 / Diana Colonia Number 3 neighborhood, 39.3% 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 21.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.9%), and 17.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Diana Colonia Number 2 / Diana Colonia Number 3 neighborhood is Spanish, spoken by 92.3% of households. Some people also speak English (7.7%).

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 Diana Colonia Number 2 / Diana Colonia Number 3 neighborhood in Weslaco, TX, residents most commonly identify their ethnicity or ancestry as Mexican (94.0%). There are also a number of people of Puerto Rican ancestry (1.2%). In addition, 24.2% 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 Diana Colonia Number 2 / Diana Colonia Number 3 neighborhood spend between 15 and 30 minutes commuting one-way to work (30.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (64.6%) 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 (25.4%) . 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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