McColl Estates Colonia / Milyca Colonia median real estate price is $196,535, which is less expensive than 73.9% of Texas neighborhoods and 81.6% of all U.S. neighborhoods.
The average rental price in McColl Estates Colonia / Milyca Colonia is currently $1,286, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 84.3% of Texas neighborhoods.
McColl Estates Colonia / Milyca Colonia is an urban neighborhood (based on population density) located in Edinburg, Texas.
McColl Estates Colonia / Milyca Colonia real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the McColl Estates Colonia / Milyca 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.
Home and apartment vacancy rates are 7.1% in McColl Estates Colonia / Milyca Colonia. NeighborhoodScout analysis shows that this rate is lower than 52.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
One of the unique characteristics of the McColl Estates Colonia / Milyca Colonia neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.0% of the neighborhoods in America. The McColl Estates Colonia / Milyca Colonia neighborhood also has a greater percentage of children living in poverty (67.7%) than found in 98.3% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
In addition, an extraordinary 23.0% of the residents of the McColl Estates Colonia / Milyca Colonia 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.
Also, with a nice mix of college students, safety from crime, and decent walkability, the McColl Estates Colonia / Milyca 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 88.8% 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.
Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the McColl Estates Colonia / Milyca Colonia neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 49.3% of the real estate here is made up of such dwellings, which is higher than 98.4% of all U.S. neighborhoods.
In addition, 91.2% of the real estate in the McColl Estates Colonia / Milyca Colonia neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Furthermore, the McColl Estates Colonia / Milyca Colonia neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 84.8% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
In the McColl Estates Colonia / Milyca Colonia neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 16.0% of residents here. This is a higher proportion of walking commuters than we found in 97.4% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.4% of residents in the McColl Estates Colonia / Milyca Colonia neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 96.6% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Did you know that the McColl Estates Colonia / Milyca Colonia neighborhood has more Mexican and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 63.5% of this neighborhood's residents have Mexican ancestry and 3.5% have Arab ancestry.
McColl Estates Colonia / Milyca Colonia is also pretty special linguistically. Significantly, 5.1% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 98.9% of the neighborhoods in America.
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 McColl Estates Colonia / Milyca Colonia neighborhood in Edinburg are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.0% of U.S. neighborhoods. With 67.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.3% 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 McColl Estates Colonia / Milyca Colonia neighborhood, 33.6% 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 (23.7%), and 11.9% in manufacturing and laborer occupations.
Languages
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 McColl Estates Colonia / Milyca Colonia neighborhood is Spanish, spoken by 51.8% of households. Other important languages spoken here include English, Korean and Arabic.
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 McColl Estates Colonia / Milyca Colonia neighborhood in Edinburg, TX, residents most commonly identify their ethnicity or ancestry as Mexican (63.5%). There are also a number of people of Asian ancestry (10.4%), and residents who report German roots (5.1%), and some of the residents are also of South American ancestry (3.9%), along with some Arab ancestry residents (3.5%), among others. In addition, 32.4% of the residents of this neighborhood were born in another country.
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 McColl Estates Colonia / Milyca Colonia neighborhood spend under 15 minutes commuting one-way to work (49.1% of working residents), one of the shortest commutes across America.
Here most residents (53.0%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (16.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
