Real Estate Prices and Overview
Modesto Ave NE / Eubank Blvd NE median real estate prices are $491,065, which is more expensive than 98.6% of the neighborhoods
in New Mexico and 92.0% of the
neighborhoods in the U.S.
Average rental prices in Modesto Ave NE / Eubank Blvd NE are currently
$2,018, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.6%
of the neighborhoods in New Mexico.
Modesto Ave NE / Eubank Blvd NE is a suburban neighborhood (based on population
density) located in Albuquerque, New Mexico.
Modesto Ave NE / Eubank Blvd NE 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 Modesto Ave NE / Eubank Blvd NE 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.
Real estate vacancies in Modesto Ave NE / Eubank Blvd NE are 5.2%,
which is lower than one will find in 75.3% of American
neighborhoods. Demand for real estate in Modesto Ave NE / Eubank Blvd NE
is above average for the U.S., and may signal some demand for either
price increases or new construction of residential product for this neighborhood.
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.
Notable & Unique: People
According to NeighborhoodScout's exclusive analysis, Modesto Ave NE / Eubank Blvd NE
is among the best neighborhoods for families in New Mexico. In fact, this neighborhood is
more family-friendly than 99.6% of neighborhoods
in the entire state of New Mexico. Its combination of top public
schools, low crime rates, and owner-occupied single family homes gives
this area the look and feel of a "Leave It to Beaver" episode. Many other
families also live here, making it easy to socialize and develop a strong
sense of community. In addition, the high number of college-educated parents
influences the academic success of the local schools. Overall, you will
find all of the amenities a family needs to thrive in the
Modesto Ave NE / Eubank Blvd NE neighborhood.
In addition to being an excellent choice for families with school-aged children, this
neighborhood is also a very good choice for highly educated executives and urban sophisticates.
In addition, astoundingly, NeighborhoodScout's research reveals that this single
neighborhood has a higher concentration of married couples living here
than 99.3% of all U.S. neighborhoods. Whether they have
school-aged children or not, married couples are the rule in the
Modesto Ave NE / Eubank Blvd NE neighborhood. If you are a married couple, you may find many
people here with a similar lifestyle, and perhaps common interests. But if
you are single, you might not find many other singles here.
Also, wealth makes most things in life easier, and a few things harder.
If you are wealthy and enjoy keeping up with the Jones', this neighborhood
will interest you. In fact, according to NeighborhoodScout's research,
the Modesto Ave NE / Eubank Blvd NE neighborhood is wealthier than 98.0%
of the neighborhoods in the United States. Residents here are truly in
a unique situation even when compared to other Americans, based on the
shear amount of wealth concentrated here. Even in times of economic
downturn, residents of this neighborhood, as a group, suffered less
and recovered more quickly. This is indeed a stand-out characteristic
of this neighborhood.
Finally, some neighborhoods have residents that are more educated than others. But
in this neighborhood there is a dramatic difference. NeighborhoodScout's
exclusive analysis reveals that 35.5% of the adults here have
earned a Masters degree, medical degree, Ph.D. or law degree. This is a
higher rate of people with a graduate degree than is found in
97.3% of U.S. neighborhoods, where the average American
neighborhood has 8.4% of its adults with a graduate degree. If you are
highly educated, you may have much in common with many of your neighbors here.
Notable & Unique: Diversity
Did you know that the Modesto Ave NE / Eubank Blvd NE neighborhood has more
Spanish and Lebanese ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 3.7% of
this neighborhood's residents have Spanish ancestry and 1.7% have Lebanese ancestry.
Modesto Ave NE / Eubank Blvd NE is also pretty special linguistically. Significantly, 1.3% of its residents five years old and above primarily
speak Persian at home. While this may seem like a small percentage, it is higher
than 97.5% of the neighborhoods in America.
Notable & Unique: Occupations
The Modesto Ave NE / Eubank Blvd NE neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
97.3% of the neighborhoods in American. In fact, 67.3%
of the employed people here make a living as an executive, a manager, or
other professional. With such a high concentration, this truly shapes
the character of this neighborhood, and to a large degree defines what
this neighborhood is about.
Notable & Unique: Modes of Transportation
Our research reveals that 94.1% of commuters who live in the
Modesto Ave NE / Eubank Blvd NE neighborhood get to work each day by driving
alone in their automobiles, which is a higher proportion than
96.9% of U.S. neighborhoods.
Notable & Unique: Car Ownership
American households most often have a car, and regularly they have two or
three. But households in the Modesto Ave NE / Eubank Blvd NE neighborhood buck
Residents of this neighborhood must really love automobiles. NeighborhoodScout's
Analysis reveals that 37.4% of the households here have four, five,
or more cars. That is more cars per household than in 95.4% of
the neighborhoods in the nation.
Notable & Unique: Real Estate
In addition, owner-occupied real estate dominates the Modesto Ave NE / Eubank Blvd NE neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 99.0% of neighborhoods in America.
Furthermore, this Modesto Ave NE / Eubank Blvd NE neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 99.0% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 98.2% of all neighborhoods in America.
The Neighbors: Income
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 Modesto Ave NE / Eubank Blvd NE neighborhood in Albuquerque are wealthy, making it among the 15% highest income neighborhoods in America.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 98.0% of the neighborhoods in America.
In addition, 4.6% of the children seventeen and under
living in this neighborhood are living below the federal poverty line, which
is a lower rate of childhood poverty than is found in 76.9%
of America's neighborhoods.
The Neighbors: Occupations
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 Modesto Ave NE / Eubank Blvd NE neighborhood, 67.3%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
sales and service jobs, from major sales accounts, to working in fast food restaurants, with 16.1% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(9.8%), and 9.7% in government jobs, whether they are in local, state, or federal positions.
The Neighbors: 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 Modesto Ave NE / Eubank Blvd NE neighborhood in Albuquerque, NM, residents
most commonly identify their ethnicity or ancestry as German
(9.5%). There are also a number of people of Mexican ancestry (7.6%) , and residents who report Irish roots (6.0%) , and some of the residents are also of English ancestry (4.4%) , along with some Italian ancestry residents (4.0%), among others.
The Neighbors: Languages
The most common language spoken in the Modesto Ave NE / Eubank Blvd NE
neighborhood is English, spoken by 79.8% of households. Some people also speak Spanish (14.3%).
Getting to Work
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 Modesto Ave NE / Eubank Blvd NE neighborhood spend
between 15 and 30 minutes commuting one-way to work (51.4% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (94.1%) drive alone in a private automobile to get to work.
In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.