Casas Del Cerro median real estate price is $475,542, which is more expensive than 85.7% of the neighborhoods in New Mexico and 63.7% of the neighborhoods in the U.S.
The average rental price in Casas Del Cerro is currently $2,132, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.9% of the neighborhoods in New Mexico.
Casas Del Cerro is a suburban neighborhood (based on population density) located in Santa Fe, New Mexico.
Casas Del Cerro real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Casas Del Cerro 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 Casas Del Cerro are 4.1%, which is lower than one will find in 72.8% of American neighborhoods. Demand for real estate in Casas Del Cerro 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.
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Casas Del Cerro neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 20.9% of its workforce, this neighborhood has a greater concentration of government workers than 99.1% of U.S. neighborhoods.
An extraordinary 12.3% of the residents of the Casas Del Cerro neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
In addition, casas Del Cerro is ranked among the top 5.7% of neighborhoods for first-time home buyers to consider in the state of New Mexico according to NeighborhoodScout's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Casas Del Cerro neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers.
Did you know that the Casas Del Cerro neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.6% of this neighborhood's residents have Cuban ancestry.
Casas Del Cerro is also pretty special linguistically. Significantly, 4.0% 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 99.6% 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 Casas Del Cerro neighborhood in Santa Fe are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.9% of the neighborhoods in America. With 16.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.7% of U.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 Casas Del Cerro neighborhood, 55.1% 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 22.5% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (20.9%), and 15.6% in clerical, assistant, and tech support 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 Casas Del Cerro neighborhood is English, spoken by 70.7% of households. Other important languages spoken here include Spanish, Native American languages 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 Casas Del Cerro neighborhood in Santa Fe, NM, residents most commonly identify their ethnicity or ancestry as Mexican (19.9%). There are also a number of people of English ancestry (11.3%), and residents who report Spanish roots (9.4%), and some of the residents are also of Irish ancestry (6.9%), along with some Cuban ancestry residents (6.6%), among others. In addition, 11.6% of the residents of this neighborhood were born in another country.
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 Casas Del Cerro neighborhood spend between 15 and 30 minutes commuting one-way to work (57.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (72.2%) 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 (6.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.