Mi Ranchito Estate / La Escondida median real estate price is $226,388, which is less expensive than 64.4% of Texas neighborhoods and 74.0% of all U.S. neighborhoods.
The average rental price in Mi Ranchito Estate / La Escondida is currently $1,036, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 97.2% of Texas neighborhoods.
Mi Ranchito Estate / La Escondida is a rural neighborhood (based on population density) located in Rio Grande City, Texas.
Mi Ranchito Estate / La Escondida real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Mi Ranchito Estate / La Escondida neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 7.0% in Mi Ranchito Estate / La Escondida. NeighborhoodScout analysis shows that this rate is lower than 53.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
Did you know that the Mi Ranchito Estate / La Escondida neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 85.9% of this neighborhood's residents have Mexican ancestry.
Mi Ranchito Estate / La Escondida is also pretty special linguistically. Significantly, 89.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.5% of all U.S. neighborhoods.
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 Mi Ranchito Estate / La Escondida neighborhood in Rio Grande City are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.3% of U.S. neighborhoods. With 40.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.2% 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 Mi Ranchito Estate / La Escondida neighborhood, 36.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 29.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.1%), and 11.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Mi Ranchito Estate / La Escondida neighborhood is Spanish, spoken by 89.6% of households. Some people also speak English (9.8%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Mi Ranchito Estate / La Escondida neighborhood in Rio Grande City, TX, residents most commonly identify their ethnicity or ancestry as Mexican (85.9%). There are also a number of people of German ancestry (1.2%). In addition, 22.3% 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 Mi Ranchito Estate / La Escondida neighborhood spend between 15 and 30 minutes commuting one-way to work (38.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (77.0%) 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 (16.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.