Veterans Memorial Hwy / US Hwy 84 median real estate price is $791,463, which is more expensive than 97.0% of the neighborhoods in New Mexico and 86.7% of the neighborhoods in the U.S.
The average rental price in Veterans Memorial Hwy / US Hwy 84 is currently $2,853, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 97.5% of the neighborhoods in New Mexico.
Veterans Memorial Hwy / US Hwy 84 is a rural neighborhood (based on population density) located in Santa Fe, New Mexico.
Veterans Memorial Hwy / US Hwy 84 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 occupied by a mixture of owners and renters. Many of the residences in the Veterans Memorial Hwy / US Hwy 84 neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Veterans Memorial Hwy / US Hwy 84. The current real estate vacancy rate here is 24.7%. This is higher than the rate of vacancies in 91.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (15.8%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
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 Veterans Memorial Hwy / US Hwy 84 neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
People
In a nation where 1 out of every 4 children lives in poverty, the Veterans Memorial Hwy / US Hwy 84 neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Veterans Memorial Hwy / US Hwy 84 neighborhood, where 48.0% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 98.9% of the neighborhoods in America.
Also, if you are planning to retire in New Mexico, this neighborhood should be on your must-see list. For many reasons, Veterans Memorial Hwy / US Hwy 84 may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in New Mexico, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.4% of neighborhoods in NM. If a New Mexico retirement is in your future, this neighborhood should be one of the places you visit.
Finally, divorcees may find friendship and understanding in this neighborhood, as 21.7% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 97.3% of the neighborhoods in America.
Occupations
Executives, managers and professionals make up 80.9% of the workforce in the Veterans Memorial Hwy / US Hwy 84 neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.2% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Furthermore, the Veterans Memorial Hwy / US Hwy 84 neighborhood has a greater proportion of government workers living in it than 95.1% 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.
Modes of Transportation
In the Veterans Memorial Hwy / US Hwy 84 neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 32.1% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.8% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Diversity
Did you know that the Veterans Memorial Hwy / US Hwy 84 neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.4% of this neighborhood's residents have Native American ancestry.
Migration / Stability
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Veterans Memorial Hwy / US Hwy 84 neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Veterans Memorial Hwy / US Hwy 84 neighborhood in Santa Fe are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.7% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Veterans Memorial Hwy / US Hwy 84 neighborhood, 80.9% 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 14.6% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (12.7%), and 3.2% in manufacturing and laborer occupations.
Languages
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Veterans Memorial Hwy / US Hwy 84 neighborhood is English, spoken by 92.1% of households. Other important languages spoken here include Spanish and Italian.
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 Veterans Memorial Hwy / US Hwy 84 neighborhood in Santa Fe, NM, residents most commonly identify their ethnicity or ancestry as German (24.3%). There are also a number of people of English ancestry (19.5%), and residents who report Irish roots (14.3%), and some of the residents are also of Mexican ancestry (7.2%), along with some Italian ancestry residents (7.1%), among others.
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 Veterans Memorial Hwy / US Hwy 84 neighborhood spend under 15 minutes commuting one-way to work (39.4% of working residents), one of the shortest commutes across America.
Here most residents (54.7%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (7.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
