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Real Estate Prices & Overview

Villa del Sol / Loma Alta median real estate price is $135,279, which is less expensive than 85.4% of Texas neighborhoods and 89.3% of all U.S. neighborhoods.

The average rental price in Villa del Sol / Loma Alta is currently $1,705, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.4% of Texas neighborhoods.

Villa del Sol / Loma Alta is an urban neighborhood (based on population density) located in Laredo, Texas.

Villa del Sol / Loma Alta 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 owner occupied. Many of the residences in the Villa del Sol / Loma Alta 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.

In Villa del Sol / Loma Alta, the current vacancy rate is 1.7%, which is a lower rate of vacancies than 88.6% of all neighborhoods in the U.S. This means that the housing supply in Villa del Sol / Loma Alta is very tight compared to the demand for property here.

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 Laredo, the Villa del Sol / Loma Alta neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Villa del Sol / Loma Alta neighborhood has a greater percentage of children living in poverty (64.7%) than found in 97.8% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

In addition, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Villa del Sol / Loma Alta neighborhood has more single mother households than 96.0% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Also, the Villa del Sol / Loma Alta neighborhood stands out within Texas for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 9.4% of college-friendly places to live in TX.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Villa del Sol / Loma Alta neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.8% of all American neighborhoods.

Diversity

Did you know that the Villa del Sol / Loma Alta neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 87.9% of this neighborhood's residents have Mexican ancestry.

Villa del Sol / Loma Alta is also pretty special linguistically. Significantly, 88.5% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.4% 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 Villa del Sol / Loma Alta neighborhood in Laredo are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 86.6% of U.S. neighborhoods. With 64.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.8% 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 Villa del Sol / Loma Alta neighborhood, 40.5% 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 manufacturing and laborer occupations, with 25.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (24.7%), and 9.7% in clerical, assistant, and tech support 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 Villa del Sol / Loma Alta neighborhood is Spanish, spoken by 88.5% of households. Other important languages spoken here include English and Chinese.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Villa del Sol / Loma Alta neighborhood in Laredo, TX, residents most commonly identify their ethnicity or ancestry as Mexican (87.9%). There are also a number of people of Asian ancestry (3.1%), and residents who report Sub-Saharan African roots (1.6%). In addition, 25.4% 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 Villa del Sol / Loma Alta neighborhood spend between 15 and 30 minutes commuting one-way to work (56.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (74.3%) 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 (18.2%) . 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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