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Real Estate Prices & Overview

El Cuatro / El Tonto median real estate price is $88,727, which is less expensive than 94.9% of Texas neighborhoods and 96.0% of all U.S. neighborhoods.

The average rental price in El Cuatro / El Tonto is currently $932, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.1% of Texas neighborhoods.

El Cuatro / El Tonto is a suburban neighborhood (based on population density) located in Laredo, Texas.

El Cuatro / El Tonto real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the El Cuatro / El Tonto 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.

Vacant apartments or homes are a major fact of life in El Cuatro / El Tonto. The current real estate vacancy rate here is 21.6%. This is higher than the rate of vacancies in 88.7% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. 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

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.

People

The El Cuatro / El Tonto neighborhood stands out for having an average per capita income lower than 99.2% of the neighborhoods in the United States.

In addition, there is an especially high percentage of incarcerated people (2.2%) living in the El Cuatro / El Tonto neighborhood.

Diversity

Did you know that the El Cuatro / El Tonto neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 92.1% of this neighborhood's residents have Mexican ancestry.

El Cuatro / El Tonto is also pretty special linguistically. Significantly, 93.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.8% of all U.S. neighborhoods.

The Neighbors

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 El Cuatro / El Tonto neighborhood in Laredo are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.2% of U.S. neighborhoods. With 48.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.5% of U.S. neighborhoods.

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 El Cuatro / El Tonto neighborhood, 34.2% 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 24.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.2%), and 19.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the El Cuatro / El Tonto neighborhood is Spanish, spoken by 93.3% of households. Some people also speak English (6.7%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the El Cuatro / El Tonto neighborhood in Laredo, TX, residents most commonly identify their ethnicity or ancestry as Mexican (92.1%). In addition, 36.0% 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 El Cuatro / El Tonto neighborhood spend between 15 and 30 minutes commuting one-way to work (36.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (80.9%) 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 (5.1%) . 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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