Real Estate Prices and Overview
Las Dos median real estate prices are $764,223, which is more expensive than 99.8% of the neighborhoods
in New Mexico and 97.7% of the
neighborhoods in the U.S.
Average rental prices in Las Dos are currently
$1,029, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.0%
of the neighborhoods in New Mexico.
Las Dos is a rural neighborhood (based on population
density) located in Santa Fe, New Mexico.
Las Dos real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes.
Most of the residential real estate is owner occupied. Many of
the residences in the Las Dos 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.
Vacant apartments or homes are a major fact of life in
Las Dos. The current real estate vacancy rate here is 19.5%.
This is higher than the rate of vacancies in 83.9% 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 Santa Fe,
the Las Dos 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 1.5% of America's neighborhoods are wealthier than the
Las Dos 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,
Las Dos also has one of the lowest ratings of child
poverty in the nation.
In addition, 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 Las Dos neighborhood may actually hold
the key. 75.3% of its residents are married, which is a higher
percentage than is found in 99.5% of the neighborhoods
Also, a majority of the adults in the Las Dos neighborhood
are wealthy and educated executives. They own stately
homes that tend to maintain high real estate appreciation rates. Their
upper-level careers keep them busy, but allow them to live comfortably.
If you're an executive and want to keep similar company, consider settling
in this neighborhood, rated as an executive lifestyle
"best choice" neighborhood for New Mexico by NeighborhoodScout's analysis,
which rated it as better for executive lifestyles than 99.0%
of the neighborhoods in New Mexico.
In addition to being an excellent choice for highly educated executives, this
neighborhood is also a very good choice for active retirees , urban sophisticates and families with school-aged children.
Finally, if knowledge is power, then imagine the cumulative power of one neighborhood
where many of the adults have earned an advanced degree, such as a Masters,
law degree, medical degree, or even a Ph.D. This is certainly the case in
the Las Dos neighborhood, where 38.6% have
earned an advanced degree. Compare that to the average neighborhood in
America, where just 8.4% of adults have completed a post-graduate degree,
and you can see why this neighborhood is a stand out. In fact, this neighborhood
has a higher rate of adults with an advanced degree than 98.1%
of the neighborhoods in America.
Notable & Unique: Real Estate
Unpopulated, and rural, the Las Dos 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 92.8% of the neighborhoods in America. One of the notable things about Las Dos is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.
In addition, this Las Dos 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 98.4% 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 97.5% of all neighborhoods in America.
Notable & Unique: Diversity
Did you know that the Las Dos neighborhood has more
Spanish and Croatian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.7% of
this neighborhood's residents have Spanish ancestry and 0.8% have Croatian ancestry.
Las Dos is also pretty special linguistically. Significantly, 0.4% 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 96.1% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
In the Las Dos neighborhood, many people's commute means
walking from the bedroom to the home office. NeighborhoodScout's analysis
found that 15.1% of residents worked from home. This may not
seem like a large number, but Scout's research shows that this is a higher
percentage of people working from home than 98.4% of the
neighborhoods in America. Often people who work from home are engaged in
the creative or technological economy, such as is found in areas around Boston,
and in Silicon Valley. Other times, people may be engaged in other businesses
like trading stocks from home, or running a small beauty salon.
Notable & Unique: Occupations
Executives, managers and professionals make up 67.6% of the workforce
in the Las Dos neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 97.4% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.
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 Las Dos neighborhood in Santa Fe 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 98.5% 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 Las Dos neighborhood, 67.6%
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 20.5% of the residents employed.
Other residents here are employed in government jobs, whether they are in local, state, or federal positions
(9.5%), and 8.6% in clerical, assistant, and tech support 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 Las Dos neighborhood in Santa Fe, NM, residents
most commonly identify their ethnicity or ancestry as Italian
(10.0%). There are also a number of people of English ancestry (10.0%) , and residents who report German roots (9.3%) , and some of the residents are also of Mexican ancestry (6.8%) , along with some Irish ancestry residents (6.8%), among others.
The Neighbors: Languages
The most common language spoken in the Las Dos
neighborhood is English, spoken by 90.3% of households. Some people also speak Spanish (6.4%).
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 Las Dos neighborhood spend
between 15 and 30 minutes commuting one-way to work (38.7% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (81.4%) 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 (14.1%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.