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Real Estate Prices & Overview

Yvonne Colonia median real estate price is $125,101, which is less expensive than 85.8% of Texas neighborhoods and 89.4% of all U.S. neighborhoods.

The average rental price in Yvonne Colonia is currently $716, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.6% of Texas neighborhoods.

Yvonne Colonia is a suburban neighborhood (based on population density) located in McAllen, Texas.

Yvonne Colonia real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Yvonne Colonia 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 Yvonne Colonia. The current real estate vacancy rate here is 26.4%. This is higher than the rate of vacancies in 92.8% 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

One of the unique characteristics of the Yvonne Colonia neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.9% of the neighborhoods in America. Also of note, 94.5% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Yvonne Colonia neighborhood has more single mother households than 99.9% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Yvonne Colonia neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 44.9% of the households here have four, five, or more cars. That is more cars per household than in 99.2% of the neighborhoods in the nation.

Modes of Transportation

A unique way of commuting is simply not to. And in the Yvonne Colonia neighborhood, analysis shows that 34.1% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 98.5% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Diversity

Did you know that the Yvonne Colonia neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 97.4% of this neighborhood's residents have Mexican ancestry.

Yvonne Colonia is also pretty special linguistically. Significantly, 94.3% 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 Yvonne Colonia neighborhood in McAllen are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.9% of U.S. neighborhoods. With 94.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.8% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Yvonne 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 29.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (24.9%), and 10.9% in executive, management, and professional occupations.

Languages

The most common language spoken in the Yvonne Colonia neighborhood is Spanish, spoken by 94.3% of households. Some people also speak English (5.7%).

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 Yvonne Colonia neighborhood in McAllen, TX, residents most commonly identify their ethnicity or ancestry as Mexican (97.4%). In addition, 24.1% 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 Yvonne Colonia neighborhood spend between 15 and 30 minutes commuting one-way to work (61.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (61.1%) drive alone in a private automobile to get to work. 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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