Colonia Victoriana median real estate price is $136,589, which is less expensive than 84.5% of Texas neighborhoods and 89.3% of all U.S. neighborhoods.
The average rental price in Colonia Victoriana is currently $1,623, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.5% of Texas neighborhoods.
Colonia Victoriana is a rural neighborhood (based on population density) located in Mercedes, Texas.
Colonia Victoriana 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 Colonia Victoriana neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Colonia Victoriana. The current real estate vacancy rate here is 31.7%. This is higher than the rate of vacancies in 95.4% 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.
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.
Despite all of the residential real estate here in the Colonia Victoriana 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 31.7%, which is higher than 95.4% of all U.S. neighborhoods.
Did you know that the Colonia Victoriana neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 82.9% of this neighborhood's residents have Mexican ancestry.
Colonia Victoriana is also pretty special linguistically. Significantly, 70.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.4% of all U.S. neighborhoods.
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 Colonia Victoriana neighborhood in Mercedes are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 86.0% of U.S. neighborhoods. With 42.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.2% 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 Colonia Victoriana neighborhood, 27.5% 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 clerical, assistant, and tech support occupations, with 24.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.8%), and 23.0% in manufacturing and laborer occupations.
The most common language spoken in the Colonia Victoriana neighborhood is Spanish, spoken by 70.1% of households. Some people also speak English (26.0%).
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 Colonia Victoriana neighborhood in Mercedes, TX, residents most commonly identify their ethnicity or ancestry as Mexican (82.9%). There are also a number of people of English ancestry (3.9%), and residents who report German roots (2.7%), and some of the residents are also of Irish ancestry (1.1%). In addition, 16.7% of the residents of this neighborhood were born in another country.
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 Colonia Victoriana neighborhood spend under 15 minutes commuting one-way to work (46.6% of working residents), one of the shortest commutes across America.
Here most residents (79.7%) 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 (7.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.