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Real Estate Prices & Overview

North Capisallo Colonia / Valle de Palmas Number 1 Colonia median real estate price is $147,547, which is less expensive than 82.5% of Texas neighborhoods and 87.5% of all U.S. neighborhoods.

The average rental price in North Capisallo Colonia / Valle de Palmas Number 1 Colonia is currently $1,284, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.6% of Texas neighborhoods.

North Capisallo Colonia / Valle de Palmas Number 1 Colonia is a rural neighborhood (based on population density) located in Mercedes, Texas.

North Capisallo Colonia / Valle de Palmas Number 1 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 mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the North Capisallo Colonia / Valle de Palmas Number 1 Colonia 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.

Home and apartment vacancy rates are 6.2% in North Capisallo Colonia / Valle de Palmas Number 1 Colonia. NeighborhoodScout analysis shows that this rate is lower than 58.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Diversity

Did you know that the North Capisallo Colonia / Valle de Palmas Number 1 Colonia neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 97.4% of this neighborhood's residents have Mexican ancestry.

North Capisallo Colonia / Valle de Palmas Number 1 Colonia is also pretty special linguistically. Significantly, 88.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.4% 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 North Capisallo Colonia / Valle de Palmas Number 1 Colonia neighborhood in Mercedes are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 47.4% of the neighborhoods in America. With 29.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 80.9% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the North Capisallo Colonia / Valle de Palmas Number 1 Colonia neighborhood, 28.9% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.6%), and 19.7% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the North Capisallo Colonia / Valle de Palmas Number 1 Colonia neighborhood is Spanish, spoken by 88.0% of households. Some people also speak English (12.0%).

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 North Capisallo Colonia / Valle de Palmas Number 1 Colonia neighborhood in Mercedes, TX, residents most commonly identify their ethnicity or ancestry as Mexican (97.4%). In addition, 18.0% 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 North Capisallo Colonia / Valle de Palmas Number 1 Colonia neighborhood spend under 15 minutes commuting one-way to work (46.8% of working residents), one of the shortest commutes across America.

Here most residents (75.6%) 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 (11.0%) . 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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