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Real Estate Prices & Overview

North Capisallo Colonia / Valle de Palmas Number 1 Colonia median real estate price is $153,267, which is less expensive than 80.4% of Texas neighborhoods and 85.4% of all U.S. neighborhoods.

The average rental price in North Capisallo Colonia / Valle de Palmas Number 1 Colonia is currently $1,201, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 90.6% of Texas neighborhoods.

North Capisallo Colonia / Valle de Palmas Number 1 Colonia is a rural neighborhood (based on population density) located in Mercedes, Texas.

North Capisallo Colonia / Valle de Palmas Number 1 Colonia real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the North Capisallo Colonia / Valle de Palmas Number 1 Colonia 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 6.2% in North Capisallo Colonia / Valle de Palmas Number 1 Colonia. NeighborhoodScout analysis shows that this rate is lower than 58.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Mercedes, the North Capisallo Colonia / Valle de Palmas Number 1 Colonia neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the North Capisallo Colonia / Valle de Palmas Number 1 Colonia neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 97.4% of this neighborhood's residents have Mexican ancestry.

North Capisallo Colonia / Valle de Palmas Number 1 Colonia is also pretty special linguistically. Significantly, 88.0% 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 North Capisallo Colonia / Valle de Palmas Number 1 Colonia neighborhood in Mercedes are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 47.4% of the neighborhoods in America. With 29.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 80.9% 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 North Capisallo Colonia / Valle de Palmas Number 1 Colonia neighborhood, 28.9% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.6%), and 19.7% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the North Capisallo Colonia / Valle de Palmas Number 1 Colonia neighborhood is Spanish, spoken by 88.0% of households. Some people also speak English (12.0%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the North Capisallo Colonia / Valle de Palmas Number 1 Colonia neighborhood in Mercedes, TX, residents most commonly identify their ethnicity or ancestry as Mexican (97.4%). In addition, 18.0% 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 North Capisallo Colonia / Valle de Palmas Number 1 Colonia neighborhood spend under 15 minutes commuting one-way to work (46.8% of working residents), one of the shortest commutes across America.

Here most residents (75.6%) 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 (11.0%) . 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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