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Real Estate Prices & Overview

El Cerro Mission median real estate price is $94,800, which is less expensive than 92.6% of New Mexico neighborhoods and 95.6% of all U.S. neighborhoods.

The average rental price in El Cerro Mission is currently $1,680, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.4% of the neighborhoods in New Mexico.

El Cerro Mission is a remote neighborhood (based on population density) located in Los Lunas, New Mexico.

El Cerro Mission 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 owner occupied. Many of the residences in the El Cerro Mission 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.

El Cerro Mission has a 11.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.8% 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.

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.

Real Estate

The El Cerro Mission neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 76.4% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.9% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.

In addition, owner-occupied real estate dominates the El Cerro Mission neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 97.6% of neighborhoods in America.

Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the El Cerro Mission stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 80.6% of the residential real estate here was built in this one time period.

People

The El Cerro Mission neighborhood is unique for having just 5.4% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 96.9% of America's neighborhoods.

Diversity

Did you know that the El Cerro Mission neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 73.7% of this neighborhood's residents have Mexican ancestry.

El Cerro Mission is also pretty special linguistically. Significantly, 1.9% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 99.0% 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 El Cerro Mission neighborhood in Los Lunas are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 91.6% of U.S. neighborhoods. With 52.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.9% 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 El Cerro Mission neighborhood, 35.7% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 27.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.6%), and 14.6% in executive, management, and professional occupations.

Languages

The most common language spoken in the El Cerro Mission neighborhood is Spanish, spoken by 62.8% of households. Some people also speak English (37.2%).

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 El Cerro Mission neighborhood in Los Lunas, NM, residents most commonly identify their ethnicity or ancestry as Mexican (73.7%). There are also a number of people of Spanish ancestry (7.1%), and residents who report Irish roots (3.4%), and some of the residents are also of German ancestry (3.2%), along with some Scottish ancestry residents (2.1%), among others. In addition, 28.9% 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 El Cerro Mission neighborhood spend between 45 minutes and one hour commuting one-way to work (51.8% of working residents), longer and tougher than most commutes in America.

Here most residents (80.3%) 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 (14.0%) . 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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Economics & Demographics include:
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