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Real Estate Prices & Overview

Arroyo Colorado Estates / Arroyo Colorado Estates Colonia median real estate price is $189,102, which is more expensive than 27.5% of the neighborhoods in Texas and 19.8% of the neighborhoods in the U.S.

The average rental price in Arroyo Colorado Estates / Arroyo Colorado Estates Colonia is currently $1,611, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.0% of Texas neighborhoods.

Arroyo Colorado Estates / Arroyo Colorado Estates Colonia is a rural neighborhood (based on population density) located in San Benito, Texas.

Arroyo Colorado Estates / Arroyo Colorado Estates Colonia 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 Arroyo Colorado Estates / Arroyo Colorado Estates Colonia 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 Arroyo Colorado Estates / Arroyo Colorado Estates Colonia, 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 Arroyo Colorado Estates / Arroyo Colorado Estates Colonia is very tight compared to the demand for property here.

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.

Real Estate

With a real estate vacancy rate of only 0.0%, the Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

People

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

In addition, with a nice mix of college students, safety from crime, and decent walkability, the Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 86.6% of the neighborhoods in TX. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Modes of Transportation

While most Americans do drive to work alone each day, the Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood stands out by having 93.2% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 98.8% of all American neighborhoods.

Diversity

Did you know that the Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 77.9% of this neighborhood's residents have Mexican ancestry.

Arroyo Colorado Estates / Arroyo Colorado Estates Colonia is also pretty special linguistically. Significantly, 61.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.1% 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 Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood in San Benito are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.0% of U.S. neighborhoods. 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.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood, 37.3% 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 25.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.6%), and 17.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood is Spanish, spoken by 61.9% of households. Some people also speak English (38.1%).

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 Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood in San Benito, TX, residents most commonly identify their ethnicity or ancestry as Mexican (77.9%). There are also a number of people of German ancestry (5.7%), and residents who report English roots (2.3%). In addition, 27.6% 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 Arroyo Colorado Estates / Arroyo Colorado Estates Colonia neighborhood spend between 15 and 30 minutes commuting one-way to work (45.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (93.2%) 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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