Real Estate Prices and Overview
Agua Fria median real estate prices are $134,490, which is more expensive than 49.9% of the neighborhoods
in New Mexico and 39.4% of the
neighborhoods in the U.S.
Average rental prices in Agua Fria are currently
$763, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 44.5% of New Mexico neighborhoods.
Agua Fria is a suburban neighborhood (based on population
density) located in Santa Fe, New Mexico.
Agua Fria real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) mobile homes and single-family homes.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the Agua Fria 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 Agua Fria, the current vacancy rate is 4.0%,
which is a lower rate of vacancies than 82.1% of all neighborhoods
in the U.S. This means that the housing supply in Agua Fria
is very tight compared to the demand for property here.
Notable & Unique Neighborhood Characteristics
The way a neighborhood looks and feels when you walk or drive around it, from
its setting, its buildings, and its flavor, can make all the difference. This
neighborhood has some really cool things about the way it looks and feels as
revealed by NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
Notable & Unique: Diversity
Did you know that the Agua Fria neighborhood has more
Spanish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 3.2% of
this neighborhood's residents have Spanish ancestry.
Agua Fria is also pretty special linguistically. Significantly, 1.2% of its residents five years old and above primarily
speak Navajo at home. While this may seem like a small percentage, it is higher
than 98.6% of the neighborhoods in America.
Notable & Unique: Occupations
The government often provides some of the more stable jobs in the economy.
From local, to state, to federal government workers, the government can
also be a major employer. What NeighborhoodScout's analysis revealed, is
that the Agua Fria neighborhood in particular stands out
when compared nationally for the proportion of its working residents who
are employed by the government. At 15.6% of its workforce, this
neighborhood has a greater concentration of government workers than
97.2% of U.S. neighborhoods.
Notable & Unique: People
Of note, 65.1% of the children in this area
live in poverty; an extraordinarily high percentage compared to other
neighborhoods in the nation. In a nation where approximately one in
four children grows up in poverty, this neighborhood stands out for
the depth of the problem manifested here.
Notable & Unique: Real Estate
In addition, the real estate in this neighborhood consists of more mobile homes than 98.0% of all neighborhoods in America, with 39.8% 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.
The Neighbors: Income
There are two complimentary 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 Agua Fria neighborhood in Santa Fe are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 86.8% of U.S. neighborhoods.
With 65.1% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 96.8%
of U.S. neighborhoods.
The Neighbors: Occupations
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 shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the Agua Fria neighborhood, 39.2%
of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is
executive, management, and professional occupations, with 25.5% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(22.5%), and 15.6% in government jobs, whether they are in local, state, or federal positions.
The Neighbors: Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities
and ancestries have different cultural traditions, and as a result, neighborhoods
with concentrations of residents of one or another ethnicities or ancestries
will express those cultures. It is what makes the North End in Boston so fun
to visit for the Italian restaurants, bakeries, culture, and charm, and similarly,
why people enjoy visiting Chinatown in San Francisco.
In the Agua Fria neighborhood in Santa Fe, NM, residents
most commonly identify their ethnicity or ancestry as Mexican
(42.8%). There are also a number of people of English ancestry (3.3%) , and residents who report Spanish roots (3.2%) , and some of the residents are also of Irish ancestry (2.6%) , along with some German ancestry residents (2.2%), among others. In addition, 28.0% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The most common language spoken in the Agua Fria
neighborhood is Spanish, spoken by 48.0% of households. Some people also speak English (47.2%).
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 Agua Fria neighborhood spend
under 15 minutes commuting one-way to work (46.8% of working
residents), one of the shortest commutes across America.
Here most residents (78.6%) 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 (10.5%) and 5.1% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.