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 90.9%
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
Wealth makes most things in life easier, and a few things harder.
If you are wealthy and enjoy keeping up with the Jones', this neighborhood
will interest you. In fact, according to NeighborhoodScout's research,
the Las Dos neighborhood is wealthier than 98.5%
of the neighborhoods in the United States. Residents here are truly in
a unique situation even when compared to other Americans, based on the
shear amount of wealth concentrated here. Even in times of economic
downturn, residents of this neighborhood, as a group, suffered less
and recovered more quickly. This is indeed a stand-out characteristic
of this neighborhood.
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, astoundingly, NeighborhoodScout's research reveals that this single
neighborhood has a higher concentration of married couples living here
than 99.5% of all U.S. neighborhoods. Whether they have
school-aged children or not, married couples are the rule in the
Las Dos neighborhood. If you are a married couple, you may find many
people here with a similar lifestyle, and perhaps common interests. But if
you are single, you might not find many other singles here.
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, some neighborhoods have residents that are more educated than others. But
in this neighborhood there is a dramatic difference. NeighborhoodScout's
exclusive analysis reveals that 38.6% of the adults here have
earned a Masters degree, medical degree, Ph.D. or law degree. This is a
higher rate of people with a graduate degree than is found in
98.1% of U.S. neighborhoods, where the average American
neighborhood has 8.4% of its adults with a graduate degree. If you are
highly educated, you may have much in common with many of your neighbors here.
Notable & Unique: Real Estate
This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 30.5 people per square mile living here, this neighborhood is less crowded than 92.8% of 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, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Las Dos neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 97.5% of all American neighborhoods.
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
The Las Dos neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
97.4% of the neighborhoods in American. In fact, 67.6%
of the employed people here make a living as an executive, a manager, or
other professional. With such a high concentration, this truly shapes
the character of this neighborhood, and to a large degree defines what
this neighborhood is about.
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 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
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 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.