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Real Estate Prices & Overview

Palmer / Rice Tracts median real estate price is $134,174, which is less expensive than 84.6% of Texas neighborhoods and 88.6% of all U.S. neighborhoods.

The average rental price in Palmer / Rice Tracts is currently $1,011, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 97.1% of Texas neighborhoods.

Palmer / Rice Tracts is a rural neighborhood (based on population density) located in San Benito, Texas.

Palmer / Rice Tracts 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 Palmer / Rice Tracts neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Palmer / Rice Tracts, the current vacancy rate is 2.5%, which is a lower rate of vacancies than 83.5% of all neighborhoods in the U.S. This means that the housing supply in Palmer / Rice Tracts 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 San Benito, the Palmer / Rice Tracts neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 95.3% of all neighborhoods in America, with 30.9% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

Diversity

Did you know that the Palmer / Rice Tracts neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 95.0% of this neighborhood's residents have Mexican ancestry.

Palmer / Rice Tracts is also pretty special linguistically. Significantly, 90.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.6% of all U.S. neighborhoods.

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 Palmer / Rice Tracts neighborhood in San Benito are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 67.4% of U.S. neighborhoods. With 43.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.3% 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 Palmer / Rice Tracts neighborhood, 40.2% 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 25.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.6%), and 10.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Palmer / Rice Tracts neighborhood is Spanish, spoken by 90.6% of households. Some people also speak English (9.4%).

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 Palmer / Rice Tracts neighborhood in San Benito, TX, residents most commonly identify their ethnicity or ancestry as Mexican (95.0%). In addition, 29.5% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Palmer / Rice Tracts neighborhood spend between 30 and 45 minutes commuting one-way to work (43.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (78.5%) 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 (9.2%) . 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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