Real Estate Prices and Overview
Agua Fria median real estate prices are $134,490, which is more expensive than 49.8% of the neighborhoods
in New Mexico and 39.3% 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 44.7% 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
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 Santa Fe,
the Agua Fria 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 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 Agua Fria neighborhood has a greater proportion of
government workers living in it than 97.2% of the neighborhoods
in America, according to NeighborhoodScout's exclusive analysis. This is
a unique feature of this neighborhood, and one that shapes its character.
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 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 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
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 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
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 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
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 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.