Real Estate Prices and Overview
Median real estate prices in the City Center of Santa Fe are $327,408, which is more expensive than 94.5% of the neighborhoods
in New Mexico and 81.1% of the
neighborhoods in the U.S.
Average rental prices in Santa Fe City Center are currently
$913, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 84.9%
of the neighborhoods in New Mexico.
Santa Fe City Center is a suburban neighborhood (based on population
density) located in Santa Fe, New Mexico.
Real estate in the City Center of Santa Fe, NM is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes.
Most of the residential real estate is renter occupied. Many of
the residences in the City Center neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Santa Fe City Center has a 17.4% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
79.9% of American neighborhoods). This could either
signal that there is weak demand for real estate in the neighborhood,
or that much of the housing stock is seasonally occupied,
which can occur in some markets dominated by colleges or vacation homes.
Either way, if you live here year round, you will find many of the homes
or apartments are empty for all or a portion of the year.
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
Of note is NeighborhoodScout's research finding that the Santa Fe
City Center neighborhood has some of the lowest rates of children
living in poverty of any neighborhood in the United States. In a nation
where approximately 1 in 4 children are living in poverty, the Santa Fe
City Center community truly stands out from the rest in this regard.
In addition, one of the most interesting things about the Santa Fe City Center
neighborhood is that it has a greater concentration of residents who live
alone than most all neighborhoods in America. With 62.8% of the
households here made up of people living alone, NeighborhoodScout's research
reveals that this is a larger proportion of people living alone than in
99.6% of the neighborhoods in America.
Also, if you're nearing retirement age, or in retirement, the Santa Fe
City Center neighborhood is an excellent choice for you to consider
for top-quality retirement living. This neighborhood is rated by
NeighborhoodScout as among the top 6.2% of retiree-friendly
neighborhoods in New Mexico, combining peace and quiet, safety from
crime, and offering diverse housing options from which retirees can
choose. Maybe it's because of these amenities that a large proportion
of the residents here are college educated seniors, mixed with other
age groups. For these and other reasons, NeighborhoodScout identifies
this neighborhood as a top-notch place to consider if you are thinking
of or planning to retire in New Mexico.
Notable & Unique: Diversity
Did you know that the Santa Fe City Center neighborhood has more
Spanish and Swiss ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 5.6% of
this neighborhood's residents have Spanish ancestry and 2.8% have Swiss ancestry.
Santa Fe City Center is also pretty special linguistically. Significantly, 2.5% 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 99.3% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
Would you like to be able to ride your bike to work? If you are attracted
to the idea of getting a little exercise of the two-wheeled type while
reducing your carbon footprint, bicycling to work might be the answer.
But which neighborhood you live in can make this either impossible, or
alternatively, a great and realistic option. NeighborhoodScout's analysis
revealed that the Santa Fe City Center neighborhood is a fantastic
option for bicycle commuters, as 16.4% of commuters here do ride
their bikes to and from work on a daily basis. This is a higher amount
than we found in 99.8% of the neighborhoods in America.
Also, more people in Santa Fe City Center choose to walk to work each day
(21.3%) than almost any neighborhood in America. If you are
attracted to the idea of being able to walk to work, this neighborhood
could be a good choice.
Notable & Unique: Occupations
Executives, managers and professionals make up 66.9% of the workforce
in the Santa Fe City Center neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 97.2% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.
Notable & Unique: Real Estate
In addition, the Santa Fe City Center neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 85.9% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
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 City Center neighborhood in Santa Fe are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 69.7% 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 Santa Fe City Center neighborhood, 66.9%
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 28.6% of the residents employed.
Other residents here are employed 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 City Center neighborhood in Santa Fe, NM, residents
most commonly identify their ethnicity or ancestry as Irish
(6.2%). There are also a number of people of English ancestry (6.0%) , and residents who report Mexican roots (5.7%) , and some of the residents are also of Spanish ancestry (5.6%) , along with some German ancestry residents (3.9%), 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 Santa Fe City Center
neighborhood is English, spoken by 74.8% of households. Other important languages spoken here include Spanish and Navajo.
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 Santa Fe City Center neighborhood spend
under 15 minutes commuting one-way to work (59.0% of working
residents), one of the shortest commutes across America.
Here most residents (55.7%) drive alone in a private automobile to get to work.
In addition, quite a number also hop out the door and walk to work to get to work (21.3%) and 16.4% of residents also bicycle 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.