Tierra Madre median real estate price is $334,994, which is more expensive than 64.7% of the neighborhoods in New Mexico and 44.4% of the neighborhoods in the U.S.
The average rental price in Tierra Madre is currently $1,841, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.4% of the neighborhoods in New Mexico.
Tierra Madre is a suburban neighborhood (based on population density) located in Santa Fe, New Mexico.
Tierra Madre 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 Tierra Madre neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Tierra Madre, 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 Tierra Madre 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 Santa Fe, the Tierra Madre neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Tierra Madre neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
Single parenting is hard. But you don't have to tell the Tierra Madre neighborhood about it; they already know. 27.0% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.2% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.
Did you know that the Tierra Madre neighborhood has more Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.5% of this neighborhood's residents have Swedish ancestry.
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 Tierra Madre neighborhood in Santa Fe are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 75.0% of U.S. neighborhoods. With 34.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.4% 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 Tierra Madre neighborhood, 34.5% 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 executive, management, and professional occupations, with 32.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.0%), and 15.4% in manufacturing and laborer occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Tierra Madre neighborhood is English, spoken by 56.9% of households. Other important languages spoken here include Spanish and Italian.
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 Tierra Madre neighborhood in Santa Fe, NM, residents most commonly identify their ethnicity or ancestry as Mexican (37.2%). There are also a number of people of Spanish ancestry (15.2%), and residents who report Irish roots (5.0%), and some of the residents are also of Swedish ancestry (4.5%), along with some French ancestry residents (4.4%), among others. In addition, 19.4% of the residents of this neighborhood were born in another country.
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 Tierra Madre neighborhood spend between 15 and 30 minutes commuting one-way to work (55.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (77.5%) 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 (7.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.