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Real Estate Prices & Overview

Chaparral East median real estate price is $105,960, which is less expensive than 89.5% of New Mexico neighborhoods and 93.2% of all U.S. neighborhoods.

The average rental price in Chaparral East is currently $1,027, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 89.4% of New Mexico neighborhoods.

Chaparral East is a rural neighborhood (based on population density) located in Chaparral, New Mexico.

Chaparral East real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) mobile homes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Chaparral East 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.

Chaparral East has a 9.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.5% 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 Chaparral, the Chaparral East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The Chaparral East neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 66.2% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.7% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.

People

An interesting characteristic about the Chaparral East neighborhood is that there are more incarcerated people living here than 99.1% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.

In addition, the Chaparral East neighborhood is unique for having just 4.5% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.5% of America's neighborhoods.

Diversity

Did you know that the Chaparral East neighborhood has more Mexican and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 78.4% of this neighborhood's residents have Mexican ancestry and 3.5% have Cuban ancestry.

Chaparral East is also pretty special linguistically. Significantly, 74.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.0% 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 Chaparral East neighborhood in Chaparral are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 90.9% of U.S. neighborhoods. With 22.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 72.0% 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 Chaparral East neighborhood, 39.0% of the working population is employed in manufacturing and laborer 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 23.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.8%), and 17.5% in executive, management, and professional occupations.

Languages

The most common language spoken in the Chaparral East neighborhood is Spanish, spoken by 74.3% of households. Some people also speak English (24.0%).

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 Chaparral East neighborhood in Chaparral, NM, residents most commonly identify their ethnicity or ancestry as Mexican (78.4%). There are also a number of people of Cuban ancestry (3.5%), and residents who report French roots (2.2%), and some of the residents are also of Irish ancestry (2.1%), along with some Native American ancestry residents (1.5%), among others. In addition, 34.4% of the residents of this neighborhood were born in another country.

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 Chaparral East neighborhood spend between 15 and 30 minutes commuting one-way to work (32.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (81.5%) 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 (13.4%) . 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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