Coronado Fwy / Tramway Blvd SE median real estate price is $181,575, which is less expensive than 75.0% of New Mexico neighborhoods and 83.5% of all U.S. neighborhoods.
The average rental price in Coronado Fwy / Tramway Blvd SE is currently $1,420, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.7% of New Mexico neighborhoods.
Coronado Fwy / Tramway Blvd SE is an urban neighborhood (based on population density) located in Albuquerque, New Mexico.
Coronado Fwy / Tramway Blvd SE real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Coronado Fwy / Tramway Blvd SE 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 Coronado Fwy / Tramway Blvd SE are 3.7%, which is lower than one will find in 73.9% of American neighborhoods. Demand for real estate in Coronado Fwy / Tramway Blvd SE 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.
Of note, 74.9% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
In addition, divorcees may find friendship and understanding in this neighborhood, as 23.5% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 98.4% of the neighborhoods in America.
While most Americans do drive to work alone each day, the Coronado Fwy / Tramway Blvd SE neighborhood stands out by having 88.6% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 95.7% of all American neighborhoods.
Did you know that the Coronado Fwy / Tramway Blvd SE neighborhood has more Russian and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.2% of this neighborhood's residents have Russian ancestry and 5.8% have Native American ancestry.
Coronado Fwy / Tramway Blvd SE is also pretty special linguistically. Significantly, 1.3% 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 98.2% 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 Coronado Fwy / Tramway Blvd SE neighborhood in Albuquerque are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.7% of U.S. neighborhoods. With 74.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.0% 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 Coronado Fwy / Tramway Blvd SE neighborhood, 41.9% of the working population is employed in clerical, assistant, and tech support 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 24.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (19.4%), and 13.8% in manufacturing and laborer occupations.
The most common language spoken in the Coronado Fwy / Tramway Blvd SE neighborhood is English, spoken by 62.6% of households. Some people also speak Spanish (35.8%).
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 Coronado Fwy / Tramway Blvd SE neighborhood in Albuquerque, NM, residents most commonly identify their ethnicity or ancestry as Mexican (44.9%). There are also a number of people of German ancestry (14.6%), and residents who report English roots (10.2%), and some of the residents are also of Russian ancestry (10.2%), along with some Spanish ancestry residents (6.1%), among others. In addition, 18.5% 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 Coronado Fwy / Tramway Blvd SE neighborhood spend under 15 minutes commuting one-way to work (41.6% of working residents), one of the shortest commutes across America.
Here most residents (88.6%) 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.