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Real Estate Prices & Overview

Bagge Estates Colonia / Gurdev Colonia median real estate price is $179,483, which is less expensive than 75.5% of Texas neighborhoods and 82.7% of all U.S. neighborhoods.

The average rental price in Bagge Estates Colonia / Gurdev Colonia is currently $2,248, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.8% of the neighborhoods in Texas.

Bagge Estates Colonia / Gurdev Colonia is an urban neighborhood (based on population density) located in Socorro, Texas.

Bagge Estates Colonia / Gurdev Colonia 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 Bagge Estates Colonia / Gurdev Colonia neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Bagge Estates Colonia / Gurdev Colonia, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.6% of all neighborhoods in the U.S. This means that the housing supply in Bagge Estates Colonia / Gurdev Colonia is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 Socorro, the Bagge Estates Colonia / Gurdev Colonia neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

One of the really interesting characteristics about the Bagge Estates Colonia / Gurdev Colonia neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.3% of college-friendly places to live in the state of Texas. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for families with school-aged children.

Modes of Transportation

In the Bagge Estates Colonia / Gurdev Colonia neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 25.4% of commuters carpool here, which is more than in 97.3% of all U.S. neighborhoods.

Occupations

More people work in manufacturing and as laborers here in the Bagge Estates Colonia / Gurdev Colonia neighborhood than in 95.9% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Bagge Estates Colonia / Gurdev Colonia neighborhood. A whopping 70.2% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.9% of the neighborhoods in the U.S. Everything here just feels new.

Diversity

Did you know that the Bagge Estates Colonia / Gurdev Colonia neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 94.2% of this neighborhood's residents have Mexican ancestry.

Bagge Estates Colonia / Gurdev Colonia is also pretty special linguistically. Significantly, 87.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.3% of all U.S. neighborhoods.

The Neighbors

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 Bagge Estates Colonia / Gurdev Colonia neighborhood in Socorro are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 69.9% of U.S. neighborhoods. With 24.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 74.9% 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 Bagge Estates Colonia / Gurdev Colonia neighborhood, 42.9% 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 24.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.2%), and 15.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Bagge Estates Colonia / Gurdev Colonia neighborhood is Spanish, spoken by 87.0% of households. Some people also speak English (12.7%).

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 Bagge Estates Colonia / Gurdev Colonia neighborhood in Socorro, TX, residents most commonly identify their ethnicity or ancestry as Mexican (94.2%). There are also a number of people of English ancestry (2.2%). In addition, 35.5% 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 Bagge Estates Colonia / Gurdev Colonia neighborhood spend between 15 and 30 minutes commuting one-way to work (49.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (68.1%) 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 (25.4%) . 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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