Louisiana State University Health Sciences / Phoenix median real estate price is $393,037, which is more expensive than 87.8% of the neighborhoods in Louisiana and 54.4% of the neighborhoods in the U.S.
The average rental price in Louisiana State University Health Sciences / Phoenix is currently $1,933, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 88.5% of the neighborhoods in Louisiana.
Louisiana State University Health Sciences / Phoenix is an urban neighborhood (based on population density) located in New Orleans, Louisiana.
Louisiana State University Health Sciences / Phoenix real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Louisiana State University Health Sciences / Phoenix neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Louisiana State University Health Sciences / Phoenix. The current real estate vacancy rate here is 19.1%. This is higher than the rate of vacancies in 85.6% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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 New Orleans, the Louisiana State University Health Sciences / Phoenix neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
Renter-occupied real estate is dominant in the Louisiana State University Health Sciences / Phoenix neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 98.6%, which is higher than 98.9% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
In addition, the real estate in the Louisiana State University Health Sciences / Phoenix neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 80.4% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.8% of American neighborhoods.
Furthermore, homes built from 2000 through today make up a higher proportion of the Louisiana State University Health Sciences / Phoenix neighborhood's real estate landscape than 95.6% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 69.0% of the residential real estate here is classified as newer.
Also of note, the Louisiana State University Health Sciences / Phoenix neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 82.6% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
People
NeighborhoodScout's analysis shows that the Louisiana State University Health Sciences / Phoenix neighborhood has a greater concentration of residents currently enrolled in college than 97.0% of the neighborhoods in the U.S. With 15.6% of the population here attending college, this is very much a college-focused neighborhood.
In addition, the Louisiana State University Health Sciences / Phoenix neighborhood stands out for having an average per capita income lower than 95.2% of the neighborhoods in the United States.
Also, the Louisiana State University Health Sciences / Phoenix neighborhood stands out within Louisiana for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 7.5% of college-friendly places to live in LA.
Modes of Transportation
In the Louisiana State University Health Sciences / Phoenix neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 11.9% of residents here. This is a higher proportion of walking commuters than we found in 95.9% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Louisiana State University Health Sciences / Phoenix neighborhood is a fantastic option for bicycle commuters, as 3.0% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 95.8% of the neighborhoods in America.
Diversity
Did you know that the Louisiana State University Health Sciences / Phoenix neighborhood has more Jamaican and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.8% of this neighborhood's residents have Jamaican ancestry and 7.8% have African ancestry.
Migration / Stability
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Louisiana State University Health Sciences / Phoenix neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Louisiana State University Health Sciences / Phoenix neighborhood in New Orleans are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.2% of U.S. neighborhoods. With 21.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.0% 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 Louisiana State University Health Sciences / Phoenix neighborhood, 35.2% 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 34.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.6%), and 13.8% in manufacturing and laborer occupations.
Languages
The most common language spoken in the Louisiana State University Health Sciences / Phoenix neighborhood is English, spoken by 83.7% of households. Some people also speak Spanish (8.6%).
Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Louisiana State University Health Sciences / Phoenix neighborhood in New Orleans, LA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (10.9%). There are also a number of people of Jamaican ancestry (8.8%), and residents who report African roots (7.8%), and some of the residents are also of English ancestry (3.0%), along with some Asian ancestry residents (2.9%), among others. In addition, 15.6% of the residents of this neighborhood were born in another country.
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 Louisiana State University Health Sciences / Phoenix neighborhood spend between 15 and 30 minutes commuting one-way to work (58.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (50.1%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (11.9%) and 6.7% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
