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Real Estate Prices & Overview

Solar Village Mid Unser median real estate price is $251,790, which is more expensive than 43.8% of the neighborhoods in New Mexico and 30.8% of the neighborhoods in the U.S.

The average rental price in Solar Village Mid Unser is currently $1,961, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.2% of the neighborhoods in New Mexico.

Solar Village Mid Unser is a suburban neighborhood (based on population density) located in Rio Rancho, New Mexico.

Solar Village Mid Unser real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Solar Village Mid Unser 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 Solar Village Mid Unser are 5.1%, which is lower than one will find in 65.8% of American neighborhoods. Demand for real estate in Solar Village Mid Unser 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

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 Rio Rancho, the Solar Village Mid Unser 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 Solar Village Mid Unser neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Solar Village Mid Unser 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, 80.0% of the residential real estate here was built in this one time period.

Diversity

Did you know that the Solar Village Mid Unser neighborhood has more Native American and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.7% of this neighborhood's residents have Native American ancestry and 1.1% have Canadian ancestry.

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 Solar Village Mid Unser neighborhood in Rio Rancho are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 40.2% 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.

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 Solar Village Mid Unser neighborhood, 31.2% 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 30.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.6%), and 17.3% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Solar Village Mid Unser neighborhood is English, spoken by 79.1% of households. Some people also speak Spanish (14.3%).

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 Solar Village Mid Unser neighborhood in Rio Rancho, NM, residents most commonly identify their ethnicity or ancestry as Mexican (26.8%). There are also a number of people of English ancestry (10.7%), and residents who report German roots (10.4%), and some of the residents are also of Irish ancestry (7.7%), along with some Native American ancestry residents (6.7%), among others.

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 Solar Village Mid Unser neighborhood spend between 15 and 30 minutes commuting one-way to work (43.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (64.8%) 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 (12.2%) and 8.2% of residents also hop out the door and walk to work for their daily commute. 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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