Real Estate Prices and Overview
Paseo Del Norte NE / Eubank Blvd NE median real estate prices are $427,418, which is more expensive than 98.2% of the neighborhoods
in New Mexico and 89.2% of the
neighborhoods in the U.S.
Average rental prices in Paseo Del Norte NE / Eubank Blvd NE are currently
$101, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 100.0% of New Mexico neighborhoods.
Paseo Del Norte NE / Eubank Blvd NE is a suburban neighborhood (based on population
density) located in Albuquerque, New Mexico.
Paseo Del Norte 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.
Most of the residential real estate is owner occupied. Many of
the residences in the Paseo Del Norte 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.
In Paseo Del Norte NE / Eubank Blvd NE, the current vacancy rate is 1.7%,
which is a lower rate of vacancies than 93.1% of all neighborhoods
in the U.S. This means that the housing supply in Paseo Del Norte NE / Eubank Blvd NE
is very tight compared to the demand for property here.
Notable & Unique Neighborhood Characteristics
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 Paseo Del Norte NE / Eubank Blvd NE neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
If you come to know the people here, you will recognize that you're
in the company of one of the wealthiest communities in the nation. In
fact, a mere 4.3% of America's neighborhoods are wealthier than the
Paseo Del Norte NE / Eubank Blvd NE neighborhood. Real estate here is exceedingly
well-maintained, and similarly, tends to maintain its value over time.
The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and
Lexus. If the public schools aren't up to snuff, the residents of this
neighborhood preferentially send their children to private preparatory
schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
As one would expect in a considerably wealthy neighborhood such as this,
Paseo Del Norte NE / Eubank Blvd NE also has one of the lowest ratings of child
poverty in the nation.
In addition, according to NeighborhoodScout's exclusive analysis, Paseo Del Norte NE / Eubank Blvd NE
is among the best neighborhoods for families in New Mexico. In fact, this neighborhood is
more family-friendly than 99.0% 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
Paseo Del Norte 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 , active retirees and urban sophisticates.
Also, priests and therapists would like to think they know the secrets to a
truly successful marriage, but according to NeighborhoodScout's research,
the folks of the Paseo Del Norte NE / Eubank Blvd NE neighborhood may actually hold
the key. 66.8% of its residents are married, which is a higher
percentage than is found in 95.2% of the neighborhoods
Notable & Unique: Diversity
Did you know that the Paseo Del Norte NE / Eubank Blvd NE neighborhood has more
Greek and Eastern European ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.5% of
this neighborhood's residents have Greek ancestry and 1.4% have Eastern European ancestry.
Paseo Del Norte NE / Eubank Blvd NE is also pretty special linguistically. Significantly, 2.6% of its residents five years old and above primarily
speak Greek at home. While this may seem like a small percentage, it is higher
than 99.4% of the neighborhoods in America.
Notable & Unique: Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans
due to the shape of our neighborhoods and the distances between where we
live, work, shop, and go to school, but we also fancy them. As a result,
most households in America have one, two, or three cars. But NeighborhoodScout's
exclusive analysis shows that the Paseo Del Norte NE / Eubank Blvd NE neighborhood has
a highly unusual pattern of car ownership.
Residents of this neighborhood must really love automobiles. NeighborhoodScout's
Analysis reveals that 40.9% of the households here have four, five,
or more cars. That is more cars per household than in 97.0% of
the neighborhoods in the nation.
Notable & Unique: Occupations
The Paseo Del Norte NE / Eubank Blvd NE neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
95.6% of the neighborhoods in American. In fact, 63.3%
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: Real Estate
In addition, this Paseo Del Norte 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 100.0% 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 99.1% of all neighborhoods in America.
Furthermore, owner-occupied real estate dominates the Paseo Del Norte 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 96.7% of 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 Paseo Del Norte 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 95.7% of the neighborhoods in America.
In addition, 0.0% 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 99.9%
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 Paseo Del Norte NE / Eubank Blvd NE neighborhood, 63.3%
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 15.9% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(11.7%), and 9.0% in manufacturing and laborer occupations.
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 Paseo Del Norte NE / Eubank Blvd NE neighborhood in Albuquerque, NM, residents
most commonly identify their ethnicity or ancestry as German
(14.7%). There are also a number of people of English ancestry (11.4%) , and residents who report Mexican roots (6.7%) , and some of the residents are also of Irish ancestry (6.2%) , along with some Asian ancestry residents (3.3%), among others.
The Neighbors: Languages
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 Paseo Del Norte NE / Eubank Blvd NE
neighborhood is English, spoken by 87.3% of households. Other important languages spoken here include Spanish and Greek.
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 Paseo Del Norte NE / Eubank Blvd NE neighborhood spend
between 15 and 30 minutes commuting one-way to work (60.6% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (92.1%) 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 (5.4%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.