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Real Estate Prices & Overview

Borderland Retreat Colonia / Ranchette Estates Colonia median real estate price is $263,663, which is more expensive than 45.0% of the neighborhoods in Texas and 33.0% of the neighborhoods in the U.S.

The average rental price in Borderland Retreat Colonia / Ranchette Estates Colonia is currently $1,704, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.5% of Texas neighborhoods.

Borderland Retreat Colonia / Ranchette Estates Colonia is a suburban neighborhood (based on population density) located in Edinburg, Texas.

Borderland Retreat Colonia / Ranchette Estates Colonia real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Borderland Retreat Colonia / Ranchette Estates Colonia neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Borderland Retreat Colonia / Ranchette Estates Colonia, the current vacancy rate is 1.7%, which is a lower rate of vacancies than 88.1% of all neighborhoods in the U.S. This means that the housing supply in Borderland Retreat Colonia / Ranchette Estates Colonia 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

With more than 1.8% of residents living with a same sex partner, Borderland Retreat Colonia / Ranchette Estates Colonia is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.2% of U.S. neighborhoods.

Diversity

Did you know that the Borderland Retreat Colonia / Ranchette Estates Colonia neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 76.2% of this neighborhood's residents have Mexican ancestry.

Borderland Retreat Colonia / Ranchette Estates Colonia is also pretty special linguistically. Significantly, 66.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.9% of all U.S. neighborhoods.

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 Borderland Retreat Colonia / Ranchette Estates Colonia neighborhood in Edinburg are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.3% of U.S. neighborhoods. With 27.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.1% 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 Borderland Retreat Colonia / Ranchette Estates Colonia neighborhood, 45.1% 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 21.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.5%), and 13.2% in clerical, assistant, and tech support 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 Borderland Retreat Colonia / Ranchette Estates Colonia neighborhood is Spanish, spoken by 66.8% of households. Other important languages spoken here include English and Tagalog (the first language of the Philippine region).

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 Borderland Retreat Colonia / Ranchette Estates Colonia neighborhood in Edinburg, TX, residents most commonly identify their ethnicity or ancestry as Mexican (76.2%). There are also a number of people of Asian ancestry (4.4%), and residents who report Puerto Rican roots (2.0%), and some of the residents are also of English ancestry (1.8%), along with some Spanish ancestry residents (1.6%), among others. In addition, 26.9% 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 Borderland Retreat Colonia / Ranchette Estates Colonia neighborhood spend between 15 and 30 minutes commuting one-way to work (46.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (79.0%) 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 (13.9%) . 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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