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Real Estate Prices & Overview

98th St SW / San Ygnacio Rd SW median real estate price is $218,153, which is more expensive than 42.6% of the neighborhoods in New Mexico and 30.4% of the neighborhoods in the U.S.

The average rental price in 98th St SW / San Ygnacio Rd SW is currently $2,425, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.0% of the neighborhoods in New Mexico.

98th St SW / San Ygnacio Rd SW is an urban neighborhood (based on population density) located in Albuquerque, New Mexico.

98th St SW / San Ygnacio Rd SW 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 98th St SW / San Ygnacio Rd SW neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in 98th St SW / San Ygnacio Rd SW are 3.5%, which is lower than one will find in 78.1% of American neighborhoods. Demand for real estate in 98th St SW / San Ygnacio Rd SW is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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

With a nice mix of college students, safety from crime, and decent walkability, the 98th St SW / San Ygnacio Rd SW neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.9% of the neighborhoods in NM. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for families with school-aged children.

Diversity

Did you know that the 98th St SW / San Ygnacio Rd SW neighborhood has more Native American and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.9% of this neighborhood's residents have Native American ancestry and 59.0% have Mexican ancestry.

98th St SW / San Ygnacio Rd SW is also pretty special linguistically. Significantly, 3.2% 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 99.4% 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 98th St SW / San Ygnacio Rd SW neighborhood in Albuquerque are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.1% of U.S. neighborhoods. With 23.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.1% 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 98th St SW / San Ygnacio Rd SW neighborhood, 36.7% 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 25.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.4%), and 18.9% in executive, management, and professional 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 98th St SW / San Ygnacio Rd SW neighborhood is Spanish, spoken by 50.9% of households. Other important languages spoken here include English and Native American languages.

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 98th St SW / San Ygnacio Rd SW neighborhood in Albuquerque, NM, residents most commonly identify their ethnicity or ancestry as Mexican (59.0%). There are also a number of people of Spanish ancestry (5.8%), and residents who report Irish roots (3.0%), and some of the residents are also of Native American ancestry (2.9%), along with some Asian ancestry residents (1.4%), among others. In addition, 19.8% 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 98th St SW / San Ygnacio Rd SW neighborhood spend between 15 and 30 minutes commuting one-way to work (59.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (86.0%) 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 (5.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
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Economics & Demographics include:
Lifestyle & Special Character
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Commute To Work
Migration & Mobility
Race & Ethnic Diversity
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Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
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