Olivarez CDP
Texas
Nestled in the heart of Texas, Olivarez CDP offers a refreshing escape from the hustle and bustle of city life, all while remaining incredibly accessible. This charming community boasts a population of 6,853, where the cost of living is a major draw. Forget the national median home value of around $350,000; here, you'll find homes with a median value of just $68,600! This affordability, combined with a median household income of $61,740, creates a comfortable lifestyle for residents. Olivarez is perfect for those seeking a close-knit community feel without sacrificing financial stability.
From an investment perspective, Olivarez presents a compelling opportunity. While I don't have specific employment figures, the area's affordability suggests a strong potential for attracting new residents and businesses. The low home values indicate a favorable entry point for investors, and the community's overall vibe suggests a stable and growing market. Olivarez is ideally suited for first-time homebuyers, those looking to downsize and enjoy a more relaxed pace, or savvy investors seeking high-yield properties in a welcoming Texas town.
Olivarez CDP, Texas at a Glance
Olivarez CDP is a neighborhood in Texas with a population of approximately 6,853. The median home value is $68,600 and the median household income is $61,740. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.5 per 1,000 residents, which is 58% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $789 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$68,600
Median Income
$61,740
Population
6,853
Walk Score
0
Air Quality
AQI 48
Good
Climate Risk
Relatively Moderate
Fair
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- Population
- 6,853
- Median Age
- N/A
- Median Household Income
- $61,740
17% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 31.6%
155% above nat'l avg
- Median Home Value
- $68,600
76% below nat'l avg
- Median Rent
- $789
32% below nat'l avg
- Homeownership Rate
- 89.2%
35% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.5 per 1K
58% below nat'l avg
- Property Crime Rate
- 8.2 per 1K
57% below nat'l avg
- AQI
- 48
14% above nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 69.97
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 13.1¢/kWh
21% below nat'l avg
- Est. Monthly Electric
- $118
14% below nat'l avg
- Unemployment Rate
- 3.7%
Near nat'l avg
- Poverty Rate
- 31.6%
155% above nat'l avg
Political Landscape
↗ Trending more Republican
Based on Bell County county-level presidential election data
Culture & Things to Do in Olivarez CDP
McAllen Holiday Parade
An annual parade featuring floats, balloons, and marching bands.
Texas Citrus Fiesta
A celebration of the citrus industry with parades, pageants, and other events.
McAllen Marathon
An annual marathon drawing runners from across the region.
South Texas International Film Festival
A film festival showcasing independent films.