Sandia Heights median real estate price is $778,067, which is more expensive than 96.8% of the neighborhoods in New Mexico and 83.5% of the neighborhoods in the U.S.
The average rental price in Sandia Heights is currently $3,035, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 97.8% of the neighborhoods in New Mexico.
Sandia Heights is a rural neighborhood (based on population density) located in Albuquerque, New Mexico.
Sandia Heights real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Sandia Heights 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 Sandia Heights, the current vacancy rate is 3.0%, which is a lower rate of vacancies than 80.1% of all neighborhoods in the U.S. This means that the housing supply in Sandia Heights 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 Albuquerque, the Sandia Heights 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 Sandia Heights neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Sandia Heights neighborhood, where 41.9% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 97.6% of the neighborhoods in America.
Also, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Sandia Heights neighborhood may actually hold the key. 70.7% of its residents are married, which is a higher percentage than is found in 96.8% of the neighborhoods in America.
Finally, according to NeighborhoodScout's exclusive analysis, Sandia Heights is among the best neighborhoods for families in New Mexico. In fact, this neighborhood is more family-friendly than 96.4% of neighborhoods in the entire state of New Mexico. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Sandia Heights neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives, active retirees and urban sophisticates.
Real Estate
Most neighborhoods are composed of a mixture of ages of homes, but the Sandia Heights stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 82.0% of the residential real estate here was built in this one time period.
In addition, real estate in the Sandia Heights neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 95.2% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.
Modes of Transportation
A unique way of commuting is simply not to. And in the Sandia Heights neighborhood, analysis shows that 27.7% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 95.4% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
Diversity
Did you know that the Sandia Heights neighborhood has more Lithuanian and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.4% of this neighborhood's residents have Lithuanian ancestry and 6.0% have Norwegian ancestry.
Sandia Heights is also pretty special linguistically. Significantly, 1.4% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 98.4% of the neighborhoods in America.
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 Sandia Heights neighborhood in Albuquerque are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 90.2% 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 Sandia Heights neighborhood, 65.3% 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 13.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.0%), and 9.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
Languages
The most common language spoken in the Sandia Heights neighborhood is English, spoken by 86.9% of households. Some people also speak Spanish (7.4%).
Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Sandia Heights neighborhood in Albuquerque, NM, residents most commonly identify their ethnicity or ancestry as German (15.9%). There are also a number of people of English ancestry (15.3%), and residents who report Irish roots (10.2%), and some of the residents are also of Mexican ancestry (6.1%), along with some Norwegian ancestry residents (6.0%), among others.
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 Sandia Heights neighborhood spend between 15 and 30 minutes commuting one-way to work (62.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (67.5%) 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.
