Ricketts Park median real estate price is $224,543, which is less expensive than 61.9% of New Mexico neighborhoods and 73.7% of all U.S. neighborhoods.
The average rental price in Ricketts Park is currently $1,499, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.5% of New Mexico neighborhoods.
Ricketts Park is a suburban neighborhood (based on population density) located in Farmington, New Mexico.
Ricketts Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) mobile homes and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Ricketts Park neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Ricketts Park has a 10.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.1% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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 Farmington, the Ricketts Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Our research reveals that 95.8% of commuters who live in the Ricketts Park neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 99.6% of U.S. neighborhoods.
The Ricketts Park neighborhood has a greater proportion of government workers living in it than 99.0% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Ricketts Park neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Ricketts Park neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 67.6% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 98.1% of U.S. neighborhoods. Less time commuting means more time for other things in life.
The real estate in this neighborhood consists of more mobile homes than 97.8% of all neighborhoods in America, with 40.3% 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.
The Ricketts Park neighborhood stands out for having an average per capita income lower than 97.0% of the neighborhoods in the United States.
Did you know that the Ricketts Park neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.8% of this neighborhood's residents have Native American ancestry.
Ricketts Park is also pretty special linguistically. Significantly, 14.8% 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 99.8% of the neighborhoods in America.
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 Ricketts Park neighborhood in Farmington are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.0% of U.S. neighborhoods. With 49.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.7% 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 Ricketts Park neighborhood, 31.5% 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 executive, management, and professional occupations, with 31.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.6%), and 20.2% in government jobs, whether they are in local, state, or federal positions.
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 Ricketts Park neighborhood is English, spoken by 66.9% of households. Other important languages spoken here include Spanish and Native American languages.
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 Ricketts Park neighborhood in Farmington, NM, residents most commonly identify their ethnicity or ancestry as Mexican (28.1%). There are also a number of people of Native American ancestry (12.8%), and residents who report English roots (11.2%), and some of the residents are also of German ancestry (6.2%), along with some Spanish ancestry residents (4.8%), among others.
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 Ricketts Park neighborhood spend under 15 minutes commuting one-way to work (67.6% of working residents), one of the shortest commutes across America.
Here most residents (95.8%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.