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Real Estate Prices & Overview

Ventana Ranch East median real estate price is $321,201, which is more expensive than 61.0% of the neighborhoods in New Mexico and 43.2% of the neighborhoods in the U.S.

The average rental price in Ventana Ranch East is currently $1,686, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.2% of New Mexico neighborhoods.

Ventana Ranch East is a suburban neighborhood (based on population density) located in Albuquerque, New Mexico.

Ventana Ranch East real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family 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 Ventana Ranch East 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 Ventana Ranch East, the current vacancy rate is 2.4%, which is a lower rate of vacancies than 84.1% of all neighborhoods in the U.S. This means that the housing supply in Ventana Ranch East is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

People

Divorcees may find friendship and understanding in this neighborhood, as 24.5% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 98.9% of the neighborhoods in America.

Diversity

Did you know that the Ventana Ranch East neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.6% of this neighborhood's residents have Native American ancestry.

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 Ventana Ranch East neighborhood in Albuquerque are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 66.9% of U.S. neighborhoods. With 23.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.7% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Ventana Ranch East neighborhood, 51.3% 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 20.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.3%), and 12.6% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Ventana Ranch East neighborhood is English, spoken by 81.2% of households. Some people also speak Spanish (15.2%).

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 Ventana Ranch East neighborhood in Albuquerque, NM, residents most commonly identify their ethnicity or ancestry as Mexican (27.6%). There are also a number of people of Irish ancestry (9.1%), and residents who report English roots (8.1%), and some of the residents are also of Spanish ancestry (7.8%), along with some German ancestry residents (5.8%), among others.

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 Ventana Ranch East neighborhood spend between 15 and 30 minutes commuting one-way to work (42.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (71.4%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (18.5%) . 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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