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Real Estate Prices & Overview

Little Walnut Village median real estate price is $385,507, which is more expensive than 74.4% of the neighborhoods in New Mexico and 55.4% of the neighborhoods in the U.S.

The average rental price in Little Walnut Village is currently $1,176, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.7% of New Mexico neighborhoods.

Little Walnut Village is a remote neighborhood (based on population density) located in Silver City, New Mexico.

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

Little Walnut Village has a 15.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.2% 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

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.

Real Estate

One of the notable things about Little Walnut Village is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

People

If you are planning to retire in New Mexico, this neighborhood should be on your must-see list. For many reasons, Little Walnut Village 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 97.1% of neighborhoods in NM. If a New Mexico retirement is in your future, this neighborhood should be one of the places you visit.

In addition, with more than 1.7% of residents living with a same sex partner, Little Walnut Village is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 95.9% of U.S. neighborhoods.

Modes of Transportation

Our research shows that more people carpool to work here in the Little Walnut Village (22.2%) than in 95.2% of the neighborhoods in America.

Diversity

Did you know that the Little Walnut Village neighborhood has more Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have Welsh ancestry.

Little Walnut Village is also pretty special linguistically. Significantly, 1.8% 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 98.9% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Little Walnut Village neighborhood in Silver City are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 70.7% of the neighborhoods in America. With 32.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.6% 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 Little Walnut Village neighborhood, 54.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 19.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.7%), and 9.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Little Walnut Village neighborhood is English, spoken by 89.7% of households. Some people also speak Spanish (9.9%).

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 Little Walnut Village neighborhood in Silver City, NM, residents most commonly identify their ethnicity or ancestry as Mexican (19.1%). There are also a number of people of German ancestry (16.5%), and residents who report English roots (15.6%), and some of the residents are also of Irish ancestry (7.2%), along with some Spanish ancestry residents (4.7%), among others.

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 Little Walnut Village neighborhood spend under 15 minutes commuting one-way to work (52.3% of working residents), one of the shortest commutes across America.

Here most residents (58.9%) 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 (22.2%) . 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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Economics & Demographics include:
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Commute To Work
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Race & Ethnic Diversity
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Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
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Schools include:
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