Real Estate Prices and Overview
Huerfano / Lake Valley median real estate prices are $90,440, which is less expensive than 74.7% of New Mexico neighborhoods
and 80.5% of all U.S. neighborhoods.
Average rental prices in Huerfano / Lake Valley are currently
$585, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 80.6% of New Mexico neighborhoods.
Huerfano / Lake Valley is a remote neighborhood (based on population
density) located in Bloomfield, New Mexico.
Huerfano / Lake Valley real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes.
Most of the residential real estate is owner occupied. Many of
the residences in the Huerfano / Lake Valley neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in
Huerfano / Lake Valley. The current real estate vacancy rate here is 32.8%.
This is higher than the rate of vacancies in 95.4% of
all U.S. neighborhoods. This can sometimes be the case in neighborhoods
dominated by seasonal homes (such as vacation areas), and occasionally
it is also found in neighborhoods that are primarily filled with college
students, as some apartments could be vacant when school is not in session.
But often neighborhoods with vacancy rates this high are places that
can be plagued by a protracted vacancy problem. If you live here, you
may find that a number of buildings in your neighborhood are actually empty.
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 Bloomfield,
the Huerfano / Lake Valley neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Huerfano / Lake Valley neighborhood has more
Native American ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 78.0% of
this neighborhood's residents have Native American ancestry.
Huerfano / Lake Valley is also pretty special linguistically. Significantly, 49.9% of its residents five years old and above primarily
speak Navajo at home. This is a higher percentage than 99.9% of all U.S. neighborhoods.
Notable & Unique: Real Estate
Unpopulated, and rural, the Huerfano / Lake Valley neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 98.8% of the neighborhoods in America.
In addition, the real estate in this neighborhood consists of more mobile homes than 96.5% of all neighborhoods in America, with 33.8% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.
Furthermore, despite all of the residential real estate here in the Huerfano / Lake Valley neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 32.8%, which is higher than 95.4% of all U.S. neighborhoods.
Notable & Unique: Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute
is an important factor for one's quality of life. The Huerfano / Lake Valley
neighborhood stands out for its commute length, according to NeighborhoodScout's
Long commutes can be brutal. They take time, money, and energy, leaving less
of you for yourself and your family. The residents of the
Huerfano / Lake Valley neighborhood unfortunately have the distinction of having,
on average, a longer commute than most any neighborhood in America.
11.7% of commuters here travel more than one hour just one-way
to work. That is more than two hours per day. This percentage with two-hour +
round-trip commutes is higher than NeighborhoodScout found in 98.4%
of all neighborhoods in America.
Notable & Unique: People
The Huerfano / Lake Valley neighborhood is unique for having just
5.3% of adults here having earned a bachelor's degree.
This is a lower rate of college graduates than NeighborhoodScout found
in 95.1% of America's neighborhoods.
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 Huerfano / Lake Valley neighborhood in Bloomfield are middle-income, making it a moderate income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 43.7% of the neighborhoods in America.
With 37.4% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 81.4%
of U.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 Huerfano / Lake Valley neighborhood, 36.6%
of the working population is employed in manufacturing and laborer 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 24.7% of the residents employed.
Other residents here are employed in executive, management, and professional occupations
(23.0%), and 14.8% in clerical, assistant, and tech support occupations.
The Neighbors: Ethnicity / Ancestry
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 Huerfano / Lake Valley neighborhood in Bloomfield, NM, residents
most commonly identify their ethnicity or ancestry as Native American
(78.0%). There are also a number of people of English ancestry (8.9%) , and residents who report Mexican roots (2.9%) , and some of the residents are also of German ancestry (1.3%) .
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 Huerfano / Lake Valley
neighborhood is Navajo, spoken by 49.9% of households. Other important languages spoken here include English and Spanish.
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 Huerfano / Lake Valley neighborhood spend
between 30 and 45 minutes commuting one-way to work (35.9% of working
residents), which is at or a bit above the average length of a commute across all U.S.
neighborhoods. However, there is also a significant group of residents (11.7%) who
commute over an hour in each direction.
Here most residents (85.8%) 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 (10.8%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.