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Real Estate Prices & Overview

Irving Blvd NW / Chantilly Rd NW median real estate price is $551,479, which is more expensive than 88.6% of the neighborhoods in New Mexico and 70.8% of the neighborhoods in the U.S.

The average rental price in Irving Blvd NW / Chantilly Rd NW is currently $1,777, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.3% of the neighborhoods in New Mexico.

Irving Blvd NW / Chantilly Rd NW is a suburban neighborhood (based on population density) located in Albuquerque, New Mexico.

Irving Blvd NW / Chantilly Rd NW real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Irving Blvd NW / Chantilly Rd NW 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.

In Irving Blvd NW / Chantilly Rd NW, the current vacancy rate is 0.7%, which is a lower rate of vacancies than 92.5% of all neighborhoods in the U.S. This means that the housing supply in Irving Blvd NW / Chantilly Rd NW is very tight compared to the demand for property here.

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 Irving Blvd NW / Chantilly Rd NW neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 93.0% of New Mexico neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state.

Diversity

Did you know that the Irving Blvd NW / Chantilly Rd NW neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.7% of this neighborhood's residents have Native American ancestry.

Irving Blvd NW / Chantilly Rd NW is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 96.6% of the neighborhoods in America.

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 Irving Blvd NW / Chantilly Rd NW neighborhood in Albuquerque are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 65.4% of the neighborhoods in America. With 15.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.9% 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 Irving Blvd NW / Chantilly Rd NW neighborhood, 51.0% 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 26.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.3%), and 10.2% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Irving Blvd NW / Chantilly Rd NW neighborhood is English, spoken by 68.8% of households. Some people also speak Spanish (27.4%).

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 Irving Blvd NW / Chantilly Rd NW neighborhood in Albuquerque, NM, residents most commonly identify their ethnicity or ancestry as Mexican (33.1%). There are also a number of people of German ancestry (11.4%), and residents who report English roots (7.1%), and some of the residents are also of Spanish ancestry (6.8%), along with some Irish ancestry residents (5.0%), among others.

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 Irving Blvd NW / Chantilly Rd NW neighborhood spend between 15 and 30 minutes commuting one-way to work (46.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (68.4%) 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 (8.6%) . 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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