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Real Estate Prices & Overview

Twin Lakes median real estate price is $77,001, which is less expensive than 94.6% of New Mexico neighborhoods and 97.5% of all U.S. neighborhoods.

The average rental price in Twin Lakes is currently $952, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.4% of New Mexico neighborhoods.

Twin Lakes is a remote neighborhood (based on population density) located in Yatahey, New Mexico.

Twin Lakes 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 Twin Lakes 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.

Vacant apartments or homes are a major fact of life in Twin Lakes. The current real estate vacancy rate here is 23.6%. This is higher than the rate of vacancies in 90.7% 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.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

The Twin Lakes neighborhood stands out for having an average per capita income lower than 98.1% of the neighborhoods in the United States.

In addition, neighborhoodScout's exclusive research revealed that 95.8% of the adult residents in the Twin Lakes neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.7% of the neighborhoods in America.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Twin Lakes neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 15.9% of its workforce, this neighborhood has a greater concentration of government workers than 97.6% of U.S. neighborhoods.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 97.1% of all neighborhoods in America, with 37.0% 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.

In addition, uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 15 residents per square mile, Twin Lakes is less crowded than 95.9% of all U.S. neighborhoods. One of the notable things about Twin Lakes 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.

Modes of Transportation

Our research reveals that 90.2% of commuters who live in the Twin Lakes neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 96.6% of U.S. neighborhoods.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Twin Lakes neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 35.6% of the households here have four, five, or more cars. That is more cars per household than in 96.4% of the neighborhoods in the nation.

Diversity

Did you know that the Twin Lakes neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 98.6% of this neighborhood's residents have Native American ancestry.

Twin Lakes is also pretty special linguistically. Significantly, 55.9% of its residents five years old and above primarily speak Native American languages at home. This is a higher percentage than 99.9% of all U.S. neighborhoods.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Twin Lakes neighborhood. More residents of the Twin Lakes neighborhood live here today that also were living in this same neighborhood five years ago than is found in 98.8% 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

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 Twin Lakes neighborhood in Yatahey are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.1% of U.S. neighborhoods. With 47.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.1% 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 Twin Lakes neighborhood, 32.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 31.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.8%), and 16.7% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Twin Lakes neighborhood is English, spoken by 56.9% of households. Some people also speak Native American languages (55.9%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Twin Lakes neighborhood in Yatahey, NM, residents most commonly identify their ethnicity or ancestry as Native American (98.6%).

Getting to Work

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 Twin Lakes neighborhood spend between 15 and 30 minutes commuting one-way to work (41.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (90.2%) 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.


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