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.
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 Rio Grande City, the Mi Ranchito Estate / La Escondida neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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.
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 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.
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 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%).
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 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.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. 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.