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Real Estate Prices & Overview

S Meadows Rd / Jarmarillo Ln median real estate price is $446,673, which is more expensive than 83.9% of the neighborhoods in New Mexico and 63.7% of the neighborhoods in the U.S.

The average rental price in S Meadows Rd / Jarmarillo Ln is currently $2,360, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.7% of the neighborhoods in New Mexico.

S Meadows Rd / Jarmarillo Ln is a suburban neighborhood (based on population density) located in Santa Fe, New Mexico.

S Meadows Rd / Jarmarillo Ln real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) mobile homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the S Meadows Rd / Jarmarillo Ln 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.

Real estate vacancies in S Meadows Rd / Jarmarillo Ln are 5.0%, which is lower than one will find in 66.7% of American neighborhoods. Demand for real estate in S Meadows Rd / Jarmarillo Ln is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Santa Fe, the S Meadows Rd / Jarmarillo Ln neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The S Meadows Rd / Jarmarillo Ln neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 55.5% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.4% 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.

Occupations

The S Meadows Rd / Jarmarillo Ln neighborhood has a greater proportion of government workers living in it than 98.9% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

People

Of particular note, 11.0% of the people in the S Meadows Rd / Jarmarillo Ln neighborhood currently reside in a correction facility, held due to punishment for a crime.

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 S Meadows Rd / Jarmarillo Ln neighborhood in Santa Fe are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.4% of U.S. neighborhoods. With 28.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.1% 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 S Meadows Rd / Jarmarillo Ln neighborhood, 33.9% 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 28.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.2%), and 19.6% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the S Meadows Rd / Jarmarillo Ln neighborhood is Spanish, spoken by 51.9% of households. Some people also speak English (46.1%).

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 S Meadows Rd / Jarmarillo Ln neighborhood in Santa Fe, NM, residents most commonly identify their ethnicity or ancestry as Mexican (40.1%). There are also a number of people of Spanish ancestry (27.7%), and residents who report English roots (2.9%), and some of the residents are also of German ancestry (2.2%), along with some Puerto Rican ancestry residents (2.2%), among others. In addition, 23.7% 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 S Meadows Rd / Jarmarillo Ln neighborhood spend between 15 and 30 minutes commuting one-way to work (43.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (77.2%) 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 (11.5%) . 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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