University District median real estate price is $221,539, which is less expensive than 65.2% of New Mexico neighborhoods and 76.0% of all U.S. neighborhoods.
The average rental price in University District is currently $1,469, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.6% of New Mexico neighborhoods.
University District is an urban neighborhood (based on population density) located in Las Cruces, New Mexico.
University District real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the University District neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in University District are 5.8%, which is lower than one will find in 61.1% of American neighborhoods. Demand for real estate in University District 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.
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.
NeighborhoodScout's analysis shows that the University District neighborhood has a greater concentration of residents currently enrolled in college than 98.9% of the neighborhoods in the U.S. With 36.9% of the population here attending college, this is very much a college-focused neighborhood.
In addition, one of the unique characteristics of the University District neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.6% of the neighborhoods in America.
Also, single parenting is hard. But you don't have to tell the University District neighborhood about it; they already know. 17.9% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 95.6% 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.
Finally, the University District neighborhood stands out within New Mexico for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 7.4% of college-friendly places to live in NM.
With 2.6% of employed workers living in the University District neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 97.2% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The University District neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the University District neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 62.2% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 96.8% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Renter-occupied real estate is dominant in the University District neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 85.7%, which is higher than 95.6% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Did you know that the University District neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 58.1% of this neighborhood's residents have Mexican 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 University District neighborhood in Las Cruces are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.6% of U.S. neighborhoods. With 49.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.9% of U.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 University District neighborhood, 32.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 28.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.4%), and 17.3% in manufacturing and laborer occupations.
The most common language spoken in the University District neighborhood is English, spoken by 62.6% of households. Some people also speak Spanish (30.7%).
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 University District neighborhood in Las Cruces, NM, residents most commonly identify their ethnicity or ancestry as Mexican (58.1%). There are also a number of people of German ancestry (12.3%), and residents who report Spanish roots (11.9%), and some of the residents are also of Irish ancestry (4.8%), along with some Asian ancestry residents (4.6%), 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 University District neighborhood spend under 15 minutes commuting one-way to work (62.2% of working residents), one of the shortest commutes across America.
Here most residents (81.6%) 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.