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Real Estate Prices & Overview

Val Verde Park median real estate price is $125,319, which is less expensive than 85.3% of Texas neighborhoods and 89.2% of all U.S. neighborhoods.

The average rental price in Val Verde Park is currently $1,381, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.9% of Texas neighborhoods.

Val Verde Park is a rural neighborhood (based on population density) located in Del Rio, Texas.

Val Verde Park 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 occupied by a mixture of owners and renters. Many of the residences in the Val Verde Park 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.

Home and apartment vacancy rates are 7.1% in Val Verde Park. NeighborhoodScout analysis shows that this rate is lower than 55.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

An interesting characteristic about the Val Verde Park neighborhood is that there are more incarcerated people living here than 99.2% 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, neighborhoodScout's exclusive research revealed that 95.1% of the adult residents in the Val Verde Park neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.1% of the neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Val Verde Park neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 34.4% of the households here have four, five, or more cars. That is more cars per household than in 95.8% of the neighborhoods in the nation.

Diversity

Did you know that the Val Verde Park neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 88.7% of this neighborhood's residents have Mexican ancestry.

Val Verde Park is also pretty special linguistically. Significantly, 73.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.9% 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 Val Verde Park neighborhood in Del Rio are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 68.1% of U.S. neighborhoods. With 15.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 59.3% 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 Val Verde Park neighborhood, 36.9% 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 24.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.8%), and 15.2% in executive, management, and professional occupations.

Languages

The most common language spoken in the Val Verde Park neighborhood is Spanish, spoken by 73.9% of households. Some people also speak English (24.7%).

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 Val Verde Park neighborhood in Del Rio, TX, residents most commonly identify their ethnicity or ancestry as Mexican (88.7%). There are also a number of people of English ancestry (1.1%). In addition, 29.9% of the residents of this neighborhood were born in another country.

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 Val Verde Park neighborhood spend between 15 and 30 minutes commuting one-way to work (54.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (82.1%) 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 (14.2%) . 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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