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Real Estate Prices & Overview

Belmar South median real estate price is $274,298, which is more expensive than 47.7% of the neighborhoods in Texas and 34.8% of the neighborhoods in the U.S.

The average rental price in Belmar South is currently $1,403, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 79.3% of Texas neighborhoods.

Belmar South is a suburban neighborhood (based on population density) located in Amarillo, Texas.

Belmar South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Belmar South neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Belmar South has a 13.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.8% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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 Amarillo, the Belmar South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Belmar South neighborhood may actually hold the key. 70.0% of its residents are married, which is a higher percentage than is found in 96.3% of the neighborhoods in America.

In addition, with a nice mix of college students, safety from crime, and decent walkability, the Belmar South 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.

Diversity

Did you know that the Belmar South neighborhood has more English and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 28.2% of this neighborhood's residents have English ancestry and 1.6% have Iranian 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 Belmar South neighborhood in Amarillo are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 66.4% of the neighborhoods in America. With 14.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.0% 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 Belmar South neighborhood, 42.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 19.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.5%), and 17.9% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Belmar South neighborhood is English, spoken by 94.0% of households. Some people also speak Spanish (3.3%).

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 Belmar South neighborhood in Amarillo, TX, residents most commonly identify their ethnicity or ancestry as English (28.2%). There are also a number of people of Mexican ancestry (7.7%), and residents who report German roots (7.1%), and some of the residents are also of Irish ancestry (7.1%), along with some Scottish ancestry residents (4.5%), 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 Belmar South neighborhood spend under 15 minutes commuting one-way to work (47.7% of working residents), one of the shortest commutes across America.

Here most residents (88.2%) 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 (8.9%) . 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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