This is a small community in a single neighborhood.
As throughout the site, some neighborhood-level data are reserved for subscribers.
What do we mean by a neighborhood?
Ä¢¹½ÊÓƵ® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. Ä¢¹½ÊÓƵ contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Banquete is a tiny town located in the state of Texas. With a population of 745 people and just one neighborhood, Banquete is the 882nd largest community in Texas.
Occupations and Workforce
Unlike some towns, Banquete isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Banquete are a mix of both white- and blue-collar jobs. Overall, Banquete is a town of professionals, construction workers and builders, and sales and office workers. There are especially a lot of people living in Banquete who work in healthcare (28.40%), sales jobs (14.40%), and teaching (12.00%).
Of important note, Banquete is also a town of artists. Banquete has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Banquete’s character.
Setting & Lifestyle
It is a fairly quiet town because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) Banquete has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. Banquete has few renters and college students. But the biggest reason it is quieter in Banquete than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, Banquete may be for you.
Banquete is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
Demographics
The population of Banquete overall has a level of education that is slightly above the US average for all US cities and towns of 21.84%. Of adults 25 and older in Banquete, 24.32% have at least a bachelor's degree.
The per capita income in Banquete in 2022 was $33,045, which is upper middle income relative to Texas, and middle income relative to the rest of the US. This equates to an annual income of $132,180 for a family of four. However, Banquete contains both very wealthy and poor people as well.
Banquete is an extremely ethnically-diverse town. The people who call Banquete home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Banquete, accounting for 79.30% of the town’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Banquete residents report their race to be White. Important ancestries of people in Banquete include Norwegian, Irish, German, Yugoslavian, and Other West Indian.
The most common language spoken in Banquete is English. Other important languages spoken here include Spanish and Polish.
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 Ä¢¹½ÊÓƵ's exclusive exploration and analysis.
People
An interesting characteristic about the neighborhood is that there are more incarcerated people living here than 99.2% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.
Length of Commute
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.3% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than Ä¢¹½ÊÓƵ found in 96.8% of all neighborhoods in America.
Real Estate
This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on Ä¢¹½ÊÓƵ's exclusive analysis, with only 24 people per square mile living here, this neighborhood is less crowded than 93.9% of America.
Diversity
Did you know that the neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 75.0% of this neighborhood's residents have Mexican ancestry.
is also pretty special linguistically. Significantly, 3.7% 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 99.8% of the neighborhoods in America.
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. Ä¢¹½ÊÓƵ's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the neighborhood in Banquete are lower-middle income, making it a below average income neighborhood. Ä¢¹½ÊÓƵ's research shows that this neighborhood has an income lower than 65.4% of U.S. neighborhoods. With 20.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.7% 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 neighborhood, 40.9% 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 23.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.2%), and 12.8% in clerical, assistant, and tech support occupations.
Languages
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the neighborhood is English, spoken by 50.1% of households. Other important languages spoken here include Spanish and Greek.
Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the neighborhood in Banquete, TX, residents most commonly identify their ethnicity or ancestry as Mexican (75.0%). There are also a number of people of German ancestry (6.5%), and residents who report Asian roots (1.6%), and some of the residents are also of Dutch ancestry (1.5%), along with some Norwegian ancestry residents (1.2%), 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 neighborhood spend between 15 and 30 minutes commuting one-way to work (39.6% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (11.3%) who commute over an hour in each direction.
Here most residents (84.9%) 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 (11.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
