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Real Estate Prices & Overview

Homestead Meadows North / Homestead Meadows median real estate price is $300,752, which is more expensive than 54.5% of the neighborhoods in Texas and 39.9% of the neighborhoods in the U.S.

The average rental price in Homestead Meadows North / Homestead Meadows is currently $2,181, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.7% of the neighborhoods in Texas.

Homestead Meadows North / Homestead Meadows is a rural neighborhood (based on population density) located in El Paso, Texas.

Homestead Meadows North / Homestead Meadows real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Homestead Meadows North / Homestead Meadows 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.

Real estate vacancies in Homestead Meadows North / Homestead Meadows are 4.1%, which is lower than one will find in 73.1% of American neighborhoods. Demand for real estate in Homestead Meadows North / Homestead Meadows is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 El Paso, the Homestead Meadows North / Homestead Meadows neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research shows that more people carpool to work here in the Homestead Meadows North / Homestead Meadows (43.5%) than in 99.9% of the neighborhoods in America.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Homestead Meadows North / Homestead Meadows neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 54.4% of the households here have four, five, or more cars. That is more cars per household than in 99.8% of the neighborhoods in the nation.

Occupations

More people work in manufacturing and as laborers here in the Homestead Meadows North / Homestead Meadows neighborhood than in 99.8% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 95.5% of all neighborhoods in America, with 31.3% 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.

Diversity

Did you know that the Homestead Meadows North / Homestead Meadows neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 93.3% of this neighborhood's residents have Mexican ancestry.

Homestead Meadows North / Homestead Meadows is also pretty special linguistically. Significantly, 86.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.2% 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 Homestead Meadows North / Homestead Meadows neighborhood in El Paso are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 66.4% of U.S. neighborhoods. With 39.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.8% 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 Homestead Meadows North / Homestead Meadows neighborhood, 60.6% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 15.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (12.3%), and 11.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Homestead Meadows North / Homestead Meadows neighborhood is Spanish, spoken by 86.0% of households. Some people also speak English (13.4%).

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 Homestead Meadows North / Homestead Meadows neighborhood in El Paso, TX, residents most commonly identify their ethnicity or ancestry as Mexican (93.3%). There are also a number of people of German ancestry (3.6%), and residents who report English roots (2.4%). In addition, 30.5% of the residents of this neighborhood were born in another country.

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 Homestead Meadows North / Homestead Meadows neighborhood spend between 30 and 45 minutes commuting one-way to work (59.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (46.9%) 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 (43.5%) . 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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