Mullins Bend / Laurel Bend median real estate price is $360,047, which is more expensive than 82.4% of the neighborhoods in Alabama and 49.1% of the neighborhoods in the U.S.
The average rental price in Mullins Bend / Laurel Bend is currently $2,821, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 97.2% of the neighborhoods in Alabama.
Mullins Bend / Laurel Bend is a rural neighborhood (based on population density) located in Meridianville, Alabama.
Mullins Bend / Laurel Bend real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Mullins Bend / Laurel Bend neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Mullins Bend / Laurel Bend, the current vacancy rate is 3.0%, which is a lower rate of vacancies than 80.4% of all neighborhoods in the U.S. This means that the housing supply in Mullins Bend / Laurel Bend is very tight compared to the demand for property here.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
A majority of the adults in the Mullins Bend / Laurel Bend neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Alabama by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 97.5% of the neighborhoods in Alabama. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children.
Real estate in the Mullins Bend / Laurel Bend neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 97.4% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.
Did you know that the Mullins Bend / Laurel Bend neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.1% of this neighborhood's residents have Native American ancestry.
Mullins Bend / Laurel Bend is also pretty special linguistically. Significantly, 0.9% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 97.1% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Mullins Bend / Laurel Bend neighborhood in Meridianville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 79.1% of the neighborhoods in America. In addition, 2.6% 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 72.8% of America'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 Mullins Bend / Laurel Bend neighborhood, 50.4% 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 22.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.0%), and 8.0% in manufacturing and laborer occupations.
The most common language spoken in the Mullins Bend / Laurel Bend neighborhood is English, spoken by 91.6% of households. Some people also speak Tagalog (the first language of the Philippine region) (2.4%).
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 Mullins Bend / Laurel Bend neighborhood in Meridianville, AL, residents most commonly identify their ethnicity or ancestry as English (14.2%). There are also a number of people of Asian ancestry (9.6%), and residents who report German roots (9.5%), and some of the residents are also of Irish ancestry (6.4%), along with some Scottish ancestry residents (4.4%), among others.
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 Mullins Bend / Laurel Bend neighborhood spend between 15 and 30 minutes commuting one-way to work (50.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (83.8%) 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 (9.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.