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.
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 Albuquerque, the Coronado Fwy / Tramway Blvd SE neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Coronado Fwy / Tramway Blvd SE neighborhood has a greater percentage of children living in poverty (74.9%) than found in 99.0% 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, 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.
Our research reveals that 88.6% of commuters who live in the Coronado Fwy / Tramway Blvd SE neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 95.7% of U.S. 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 the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
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.