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Real Estate Prices & Overview

Trumbull Ave SE / Moon St SE median real estate price is $30,267, which is less expensive than 98.5% of New Mexico neighborhoods and 99.7% of all U.S. neighborhoods.

The average rental price in Trumbull Ave SE / Moon St SE is currently $1,269, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.2% of New Mexico neighborhoods.

Trumbull Ave SE / Moon St SE is an urban neighborhood (based on population density) located in Albuquerque, New Mexico.

Trumbull Ave SE / Moon St SE real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) mobile homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Trumbull Ave SE / Moon St SE 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.

In Trumbull Ave SE / Moon St SE, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 82.7% of all neighborhoods in the U.S. This means that the housing supply in Trumbull Ave SE / Moon St SE is very tight compared to the demand for property here.

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 Albuquerque, the Trumbull Ave SE / Moon St SE neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The Trumbull Ave SE / Moon St SE neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 95.7% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 100.0% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Trumbull Ave SE / Moon St SE neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.9% of all American neighborhoods.

People

One of the unique characteristics of the Trumbull Ave SE / Moon St SE neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.3% of the neighborhoods in America. Also of note, 73.7% 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, single parenting is hard. But you don't have to tell the Trumbull Ave SE / Moon St SE neighborhood about it; they already know. 18.0% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 95.7% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Diversity

Did you know that the Trumbull Ave SE / Moon St SE neighborhood has more Mexican and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 78.2% of this neighborhood's residents have Mexican ancestry and 2.3% have British ancestry.

Trumbull Ave SE / Moon St SE is also pretty special linguistically. Significantly, 75.5% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.1% of all U.S. neighborhoods.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Trumbull Ave SE / Moon St 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 98.3% of U.S. neighborhoods. With 73.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.9% 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 Trumbull Ave SE / Moon St SE neighborhood, 63.6% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 27.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (5.6%), and 3.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Trumbull Ave SE / Moon St SE neighborhood is Spanish, spoken by 75.5% of households. Some people also speak English (24.5%).

Ethnicity / Ancestry

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 Trumbull Ave SE / Moon St SE neighborhood in Albuquerque, NM, residents most commonly identify their ethnicity or ancestry as Mexican (78.2%). There are also a number of people of German ancestry (5.0%), and residents who report Spanish roots (2.8%), and some of the residents are also of British ancestry (2.3%). In addition, 24.1% of the residents of this neighborhood were born in another country.

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 Trumbull Ave SE / Moon St SE neighborhood spend between 15 and 30 minutes commuting one-way to work (59.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (60.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (9.7%) . 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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