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Real Estate Prices & Overview

Alamillo median real estate price is $170,016, which is less expensive than 76.9% of New Mexico neighborhoods and 84.3% of all U.S. neighborhoods.

The average rental price in Alamillo is currently $874, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.2% of New Mexico neighborhoods.

Alamillo is a remote neighborhood (based on population density) located in Magdalena, New Mexico.

Alamillo real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Alamillo neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

Vacant apartments or homes are a major fact of life in Alamillo. The current real estate vacancy rate here is 39.9%. This is higher than the rate of vacancies in 97.5% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (22.4%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

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 Magdalena, the Alamillo neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Alamillo neighborhood stands out for having an average per capita income lower than 96.9% of the neighborhoods in the United States. In a nation where 1 out of every 4 children lives in poverty, the Alamillo neighborhood also stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, the first thing that you'll notice if you moved to this neighborhood is that an astounding 3.5% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.5% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Alamillo neighborhood should definitely be on your list of places to consider.

Real Estate

This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 1 people per square mile living here, this neighborhood is less crowded than 99.5% of America. One of the notable things about Alamillo is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

In addition, the real estate in this neighborhood consists of more mobile homes than 97.6% of all neighborhoods in America, with 39.4% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

Furthermore, despite all of the residential real estate here in the Alamillo neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 39.9%, which is higher than 97.5% of all U.S. neighborhoods.

Modes of Transportation

In the Alamillo 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 16.4% of residents here. This is a higher proportion of walking commuters than we found in 97.5% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Alamillo neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.9% of all American neighborhoods.

Diversity

Did you know that the Alamillo neighborhood has more British and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.0% of this neighborhood's residents have British ancestry and 6.7% have Scottish ancestry.

Alamillo is also pretty special linguistically. Significantly, 6.7% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 98.3% of the neighborhoods in America.

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. More residents of the Alamillo neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.3% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

The Neighbors

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 Alamillo neighborhood in Magdalena are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.9% of U.S. neighborhoods. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Alamillo neighborhood, 46.5% 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 40.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (8.2%), and 6.8% in government jobs, whether they are in local, state, or federal positions.

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 Alamillo neighborhood is English, spoken by 57.2% of households. Other important languages spoken here include Spanish and French.

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 Alamillo neighborhood in Magdalena, NM, residents most commonly identify their ethnicity or ancestry as Spanish (18.7%). There are also a number of people of English ancestry (17.3%), and residents who report German roots (12.0%), and some of the residents are also of Scottish ancestry (6.7%), along with some British ancestry residents (5.0%), 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 Alamillo neighborhood spend between 30 and 45 minutes commuting one-way to work (31.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (58.0%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (16.4%) and 5.4% of residents also carpool with coworkers, friends, or neighbors for their daily commute. 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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