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Real Estate Prices & Overview

La Paloma median real estate price is $129,361, which is less expensive than 86.8% of Texas neighborhoods and 90.5% of all U.S. neighborhoods.

The average rental price in La Paloma is currently $1,271, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 88.5% of Texas neighborhoods.

La Paloma is a suburban neighborhood (based on population density) located in McAllen, Texas.

La Paloma real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the La Paloma neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

La Paloma has a 14.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 McAllen, the La Paloma neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

There are more people living in the La Paloma neighborhood employed as sales and service workers (56.0%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

People

One of the unique characteristics of the La Paloma neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 97.7% of the neighborhoods in America.

Modes of Transportation

Our research shows that more people carpool to work here in the La Paloma (24.7%) than in 96.9% of the neighborhoods in America.

Diversity

Did you know that the La Paloma neighborhood has more Mexican and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 86.3% of this neighborhood's residents have Mexican ancestry and 3.9% have Dutch ancestry.

La Paloma is also pretty special linguistically. Significantly, 83.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.9% 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 La Paloma neighborhood in McAllen are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.7% of U.S. neighborhoods. With 33.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 84.7% 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 La Paloma neighborhood, 44.0% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 31.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.5%), and 11.3% in executive, management, and professional occupations.

Languages

The most common language spoken in the La Paloma neighborhood is Spanish, spoken by 83.0% of households. Some people also speak English (17.0%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the La Paloma neighborhood in McAllen, TX, residents most commonly identify their ethnicity or ancestry as Mexican (86.3%). There are also a number of people of German ancestry (4.9%), and residents who report Irish roots (4.5%), and some of the residents are also of Dutch ancestry (3.9%), along with some South American ancestry residents (3.5%), among others. In addition, 33.8% 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 La Paloma neighborhood spend under 15 minutes commuting one-way to work (53.5% of working residents), one of the shortest commutes across America.

Here most residents (64.2%) 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 (24.7%) . 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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