FIRST CHOICE ELECTRIC, PROVIDES ELECTRICAL SERVICES IN ST. PETERS, MO (MEXICO RD / CAVE SPRINGS ESTATE DR)

 
 
 
 

Real Estate Prices and Overview

Mexico Rd / Cave Springs Estate Dr median real estate price is $200,204, which is more expensive than 74.2% of the neighborhoods in Missouri and 47.4% of the neighborhoods in the U.S.

The average rental price in Mexico Rd / Cave Springs Estate Dr is currently $916, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.4% of Missouri neighborhoods.

Mexico Rd / Cave Springs Estate Dr is a suburban neighborhood (based on population density) located in St. Peters, Missouri.

Mexico Rd / Cave Springs Estate Dr real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Mexico Rd / Cave Springs Estate Dr 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.

In Mexico Rd / Cave Springs Estate Dr, the current vacancy rate is 0.5%, which is a lower rate of vacancies than 96.3% of all neighborhoods in the U.S. This means that the housing supply in Mexico Rd / Cave Springs Estate Dr 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 St. Peters, the Mexico Rd / Cave Springs Estate Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Notable & Unique: Modes of Transportation

While most Americans do drive to work alone each day, the Mexico Rd / Cave Springs Estate Dr neighborhood stands out by having 94.4% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 96.8% of all American neighborhoods.

Notable & Unique: Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.5% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Mexico Rd / Cave Springs Estate Dr neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

Notable & Unique: People

If you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Mexico Rd / Cave Springs Estate Dr neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 13.4% executive lifestyle neighborhoods in the state of Missouri.

Notable & Unique: Diversity

Significantly, 0.8% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 96.6% of the neighborhoods in America.

The Neighbors

The Neighbors: Income

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 Mexico Rd / Cave Springs Estate Dr neighborhood in St. Peters are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.7% of the neighborhoods in America. In addition, 2.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 82.4% of America's neighborhoods.

The Neighbors: Occupations

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 Mexico Rd / Cave Springs Estate Dr neighborhood, 44.1% 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 19.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.9%), and 17.1% in clerical, assistant, and tech support occupations.

The Neighbors: Languages

The most common language spoken in the Mexico Rd / Cave Springs Estate Dr neighborhood is English, spoken by 88.8% of households. Some people also speak Langs. of India (2.8%).

The Neighbors: 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 Mexico Rd / Cave Springs Estate Dr neighborhood in St. Peters, MO, residents most commonly identify their ethnicity or ancestry as German (32.2%). There are also a number of people of Irish ancestry (21.5%), and residents who report Asian roots (10.1%), and some of the residents are also of English ancestry (9.3%), along with some Italian ancestry residents (6.0%), among others.

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 Mexico Rd / Cave Springs Estate Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (49.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (94.4%) 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.