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Real Estate Prices & Overview

Roswell East median real estate price is $131,780, which is less expensive than 81.9% of New Mexico neighborhoods and 88.0% of all U.S. neighborhoods.

The average rental price in Roswell East is currently $1,352, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.4% of New Mexico neighborhoods.

Roswell East is a rural neighborhood (based on population density) located in Roswell, New Mexico.

Roswell East real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Roswell East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 6.1% in Roswell East. NeighborhoodScout analysis shows that this rate is lower than 59.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

The first thing that you'll notice if you moved to this neighborhood is that an astounding 3.0% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.1% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Roswell East neighborhood should definitely be on your list of places to consider.

In addition, of note, 66.5% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

Diversity

Did you know that the Roswell East neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 55.6% of this neighborhood's residents have Mexican ancestry.

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 Roswell East neighborhood in Roswell are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 90.9% of U.S. neighborhoods. With 66.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.0% 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 Roswell East neighborhood, 30.3% 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 manufacturing and laborer occupations, with 27.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.9%), and 19.0% in executive, management, and professional occupations.

Languages

The most common language spoken in the Roswell East neighborhood is English, spoken by 57.5% of households. Some people also speak Spanish (41.0%).

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 Roswell East neighborhood in Roswell, NM, residents most commonly identify their ethnicity or ancestry as Mexican (55.6%). There are also a number of people of Spanish ancestry (10.0%), and residents who report Irish roots (4.1%), and some of the residents are also of French ancestry (2.3%), along with some Swedish ancestry residents (2.2%), among others. In addition, 11.4% 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 Roswell East neighborhood spend under 15 minutes commuting one-way to work (55.4% of working residents), one of the shortest commutes across America.

Here most residents (79.0%) 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 (17.2%) . 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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