University Park / New Mexico State University median real estate price is $230,584, which is more expensive than 38.2% of the neighborhoods in New Mexico and 26.9% of the neighborhoods in the U.S.
The average rental price in University Park / New Mexico State University is currently $1,288, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.2% of New Mexico neighborhoods.
University Park / New Mexico State University is a suburban neighborhood (based on population density) located in Las Cruces, New Mexico.
University Park / New Mexico State University real estate is primarily made up of small (studio to two bedroom) small apartment buildings and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the University Park / New Mexico State University neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in University Park / New Mexico State University. The current real estate vacancy rate here is 76.3%. This is higher than the rate of vacancies in 99.8% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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.
Modes of Transportation
In the University Park / New Mexico State University 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 54.3% of residents here. This is a higher proportion of walking commuters than we found in 99.9% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Real Estate
The University Park / New Mexico State University 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 100.0% 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 addition, 100.0% of the real estate in the University Park / New Mexico State University neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 76.3% of the residential real estate vacant, the University Park / New Mexico State University neighborhood claims the distinction of having a higher vacancy rate than 99.8% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
Furthermore, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The University Park / New Mexico State University neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 43.7% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.6% of America's neighborhoods.
People
NeighborhoodScout's analysis shows that the University Park / New Mexico State University neighborhood has a greater concentration of residents currently enrolled in college than 99.8% of the neighborhoods in the U.S. With 91.8% of the population here attending college, this is very much a college-focused neighborhood.
In addition, one of the unique characteristics of the University Park / New Mexico State University neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.8% of the neighborhoods in America. Also of note, 61.2% 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.
Also, with a nice mix of college students, safety from crime, and decent walkability, the University Park / New Mexico State University 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 88.6% of the neighborhoods in NM. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Length of Commute
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the University Park / New Mexico State University neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 76.1% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Migration / Stability
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the University Park / New Mexico State University neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.8% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Diversity
Did you know that the University Park / New Mexico State University neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have Native American ancestry.
University Park / New Mexico State University is also pretty special linguistically. Significantly, 2.3% 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 99.2% 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 University Park / New Mexico State University neighborhood in Las Cruces are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.8% of U.S. neighborhoods. With 61.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.1% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the University Park / New Mexico State University neighborhood, 33.5% 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 30.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (27.2%), and 9.4% 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 University Park / New Mexico State University neighborhood is English, spoken by 77.8% of households. Other important languages spoken here include Spanish and Native American languages.
Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the University Park / New Mexico State University neighborhood in Las Cruces, NM, residents most commonly identify their ethnicity or ancestry as Mexican (26.0%). There are also a number of people of English ancestry (11.1%), and residents who report German roots (10.9%), and some of the residents are also of Irish ancestry (8.5%), along with some Spanish ancestry residents (8.1%), among others.
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 University Park / New Mexico State University neighborhood spend under 15 minutes commuting one-way to work (76.1% of working residents), one of the shortest commutes across America.
Here most residents (54.3%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (30.4%) and 6.4% of residents also carpool with coworkers, friends, or neighbors for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.
