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Real Estate Prices & Overview

Barnet Springs / Louisiana Tech University median real estate price is $205,945, which is more expensive than 45.4% of the neighborhoods in Louisiana and 20.8% of the neighborhoods in the U.S.

The average rental price in Barnet Springs / Louisiana Tech University is currently $1,150, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.0% of Louisiana neighborhoods.

Barnet Springs / Louisiana Tech University is a rural neighborhood (based on population density) located in Ruston, Louisiana.

Barnet Springs / Louisiana Tech University real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Barnet Springs / Louisiana Tech University 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.

Real estate vacancies in Barnet Springs / Louisiana Tech University are 4.9%, which is lower than one will find in 66.3% of American neighborhoods. Demand for real estate in Barnet Springs / Louisiana Tech University is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 NeighborhoodScout's exclusive exploration and analysis.

People

The Barnet Springs / Louisiana Tech University neighborhood stands out for having an average per capita income lower than 97.8% of the neighborhoods in the United States. The Barnet Springs / Louisiana Tech University neighborhood also has a greater percentage of children living in poverty (74.8%) than found in 99.0% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

In addition, an extraordinary 39.3% of the residents of the Barnet Springs / Louisiana Tech University neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Barnet Springs / Louisiana Tech University neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Barnet Springs / Louisiana Tech University neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 68.0% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 98.2% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Barnet Springs / Louisiana Tech University neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.5% of all American neighborhoods.

Furthermore, each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Barnet Springs / Louisiana Tech University neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 95.7% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

Diversity

Did you know that the Barnet Springs / Louisiana Tech University neighborhood has more French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.9% of this neighborhood's residents have French ancestry.

The Neighbors

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 Barnet Springs / Louisiana Tech University neighborhood in Ruston are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.8% of U.S. neighborhoods. With 74.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.0% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Barnet Springs / Louisiana Tech University neighborhood, 39.3% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 37.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.9%), and 9.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Barnet Springs / Louisiana Tech University neighborhood is English, spoken by 98.0% of households.

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 Barnet Springs / Louisiana Tech University neighborhood in Ruston, LA, residents most commonly identify their ethnicity or ancestry as Irish (9.8%). There are also a number of people of German ancestry (9.0%), and residents who report French roots (6.9%), and some of the residents are also of English ancestry (5.6%), along with some Mexican ancestry residents (5.3%), 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 Barnet Springs / Louisiana Tech University neighborhood spend under 15 minutes commuting one-way to work (68.0% of working residents), one of the shortest commutes across America.

Here most residents (68.4%) 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 (6.5%) and 5.8% of residents also hop out the door and walk to work 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.


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