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Real Estate Prices & Overview

Reid Hope King / Reid Hope King Colonia median real estate price is $154,361, which is less expensive than 79.5% of Texas neighborhoods and 85.0% of all U.S. neighborhoods.

The average rental price in Reid Hope King / Reid Hope King Colonia is currently $1,193, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 91.0% of Texas neighborhoods.

Reid Hope King / Reid Hope King Colonia is a suburban neighborhood (based on population density) located in Brownsville, Texas.

Reid Hope King / Reid Hope King Colonia real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Reid Hope King / Reid Hope King Colonia neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Reid Hope King / Reid Hope King Colonia has a 13.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 Brownsville, the Reid Hope King / Reid Hope King Colonia neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

In the Reid Hope King / Reid Hope King Colonia neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 12.2% of residents here. This is a higher proportion of walking commuters than we found in 96.0% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Real Estate

The real estate in this neighborhood consists of more mobile homes than 95.6% of all neighborhoods in America, with 31.6% 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.

People

Single parenting is hard. But you don't have to tell the Reid Hope King / Reid Hope King Colonia neighborhood about it; they already know. 17.4% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 95.2% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Diversity

Did you know that the Reid Hope King / Reid Hope King Colonia neighborhood has more Mexican and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 91.0% of this neighborhood's residents have Mexican ancestry and 1.8% have Canadian ancestry.

Reid Hope King / Reid Hope King Colonia is also pretty special linguistically. Significantly, 83.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.9% of all U.S. neighborhoods.

The Neighbors

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 Reid Hope King / Reid Hope King Colonia neighborhood in Brownsville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.1% of U.S. neighborhoods. With 33.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 84.6% of U.S. neighborhoods.

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 sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Reid Hope King / Reid Hope King Colonia neighborhood, 35.0% 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 manufacturing and laborer occupations, with 32.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (15.5%), and 15.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Reid Hope King / Reid Hope King Colonia neighborhood is Spanish, spoken by 83.1% of households. Some people also speak English (15.0%).

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 Reid Hope King / Reid Hope King Colonia neighborhood in Brownsville, TX, residents most commonly identify their ethnicity or ancestry as Mexican (91.0%). There are also a number of people of Canadian ancestry (1.8%), and residents who report English roots (1.7%). In addition, 27.9% of the residents of this neighborhood were born in another country.

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 Reid Hope King / Reid Hope King Colonia neighborhood spend between 15 and 30 minutes commuting one-way to work (46.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (74.2%) 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 (12.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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