Snow Heights Blvd NE / Martha St NE median real estate price is $308,156, which is more expensive than 58.2% of the neighborhoods in New Mexico and 39.5% of the neighborhoods in the U.S.
The average rental price in Snow Heights Blvd NE / Martha St NE is currently $1,531, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.1% of New Mexico neighborhoods.
Snow Heights Blvd NE / Martha St NE is an urban neighborhood (based on population density) located in Albuquerque, New Mexico.
Snow Heights Blvd NE / Martha St NE 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 occupied by a mixture of owners and renters. Many of the residences in the Snow Heights Blvd NE / Martha St NE neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Snow Heights Blvd NE / Martha St NE, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.0% of all neighborhoods in the U.S. This means that the housing supply in Snow Heights Blvd NE / Martha St NE is very tight compared to the demand for property here.
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 Albuquerque, the Snow Heights Blvd NE / Martha St NE neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
One of the most interesting things about the Snow Heights Blvd NE / Martha St NE neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 49.3% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 95.1% of the neighborhoods in America.
In addition, according to NeighborhoodScout's research, Snow Heights Blvd NE / Martha St NE is better suited for first-time home buyers than 86.8% of neighborhoods in the state. Most homes here are priced below the state's median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in New Mexico. Along with an exclusive multi-metric measure of neighborhood quality developed by NeighborhoodScout that scores high here in this neighborhood, this means that buying into the neighborhood is not only an accessible option but considered a decent first time home buyer choice for building equity in your first home, while being in a quality neighborhood
Did you know that the Snow Heights Blvd NE / Martha St NE neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.3% of this neighborhood's residents have Native American ancestry.
Snow Heights Blvd NE / Martha St NE is also pretty special linguistically. Significantly, 4.0% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 99.6% of the neighborhoods in America.
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 Snow Heights Blvd NE / Martha St NE neighborhood in Albuquerque are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 68.6% of U.S. neighborhoods. With 11.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.1% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Snow Heights Blvd NE / Martha St NE neighborhood, 49.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 18.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.6%), and 13.3% in manufacturing and laborer occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Snow Heights Blvd NE / Martha St NE neighborhood is English, spoken by 79.3% of households. Other important languages spoken here include Spanish, Native American languages, Italian and Arabic.
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 Snow Heights Blvd NE / Martha St NE neighborhood in Albuquerque, NM, residents most commonly identify their ethnicity or ancestry as Mexican (15.5%). There are also a number of people of German ancestry (12.2%), and residents who report English roots (12.1%), and some of the residents are also of Spanish ancestry (11.7%), along with some Italian ancestry residents (7.8%), among others.
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 Snow Heights Blvd NE / Martha St NE neighborhood spend between 15 and 30 minutes commuting one-way to work (47.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (67.5%) 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 (14.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.