Belmont Plaza median real estate price is $223,908, which is more expensive than 34.1% of the neighborhoods in Texas and 23.8% of the neighborhoods in the U.S.
The average rental price in Belmont Plaza is currently $1,470, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.3% of Texas neighborhoods.
Belmont Plaza is a suburban neighborhood (based on population density) located in Laredo, Texas.
Belmont Plaza real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Belmont Plaza neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Belmont Plaza are 4.5%, which is lower than one will find in 68.7% of American neighborhoods. Demand for real estate in Belmont Plaza 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.
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 Laredo, the Belmont Plaza neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Belmont Plaza neighborhood stands out within Texas for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 7.7% of college-friendly places to live in TX. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for active retirees.
Did you know that the Belmont Plaza neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 85.6% of this neighborhood's residents have Mexican ancestry.
Belmont Plaza is also pretty special linguistically. Significantly, 88.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.4% of all U.S. neighborhoods.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Belmont Plaza neighborhood. More residents of the Belmont Plaza neighborhood live here today that also were living in this same neighborhood five years ago than is found in 96.8% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Belmont Plaza neighborhood in Laredo are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 70.9% of U.S. neighborhoods. With 22.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.5% 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 Belmont Plaza neighborhood, 38.7% of the working population is employed in executive, management, and professional 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 34.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.4%), and 11.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Belmont Plaza neighborhood is Spanish, spoken by 88.2% of households. Some people also speak English (10.4%).
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 Belmont Plaza neighborhood in Laredo, TX, residents most commonly identify their ethnicity or ancestry as Mexican (85.6%). There are also a number of people of Asian ancestry (1.8%), and residents who report Dominican roots (1.6%). In addition, 28.6% of the residents of this neighborhood were born in another country.
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 Belmont Plaza neighborhood spend under 15 minutes commuting one-way to work (51.2% of working residents), one of the shortest commutes across 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 (15.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.