SE Loop 338 E / Lone Star Dr median real estate price is $469,286, which is more expensive than 74.6% of the neighborhoods in Texas and 59.3% of the neighborhoods in the U.S.
The average rental price in SE Loop 338 E / Lone Star Dr is currently $1,989, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.6% of the neighborhoods in Texas.
SE Loop 338 E / Lone Star Dr is a remote neighborhood (based on population density) located in Odessa, Texas.
SE Loop 338 E / Lone Star Dr real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the SE Loop 338 E / Lone Star Dr neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In SE Loop 338 E / Lone Star Dr, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 86.5% of all neighborhoods in the U.S. This means that the housing supply in SE Loop 338 E / Lone Star Dr 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.
NeighborhoodScout's exclusive research identifies the SE Loop 338 E / Lone Star Dr neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 69.5% of its working residents employed in such fields, which is a higher proportion than 99.9% of American neighborhoods.
Of particular note, 17.0% of the people in the SE Loop 338 E / Lone Star Dr neighborhood currently reside in a correction facility, held due to punishment for a crime.
In addition, neighborhoodScout's exclusive research revealed that 95.9% of the adult residents in the SE Loop 338 E / Lone Star Dr neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.9% of the neighborhoods in America.
The real estate in this neighborhood consists of more mobile homes than 96.4% of all neighborhoods in America, with 33.7% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.
Did you know that the SE Loop 338 E / Lone Star Dr neighborhood has more Scots-Irish and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.3% of this neighborhood's residents have Scots-Irish ancestry and 10.9% have Scottish ancestry.
SE Loop 338 E / Lone Star Dr is also pretty special linguistically. Significantly, 59.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.6% of all U.S. neighborhoods.
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 SE Loop 338 E / Lone Star Dr neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.4% 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 SE Loop 338 E / Lone Star Dr neighborhood in Odessa are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.1% of the neighborhoods in America. With 13.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 57.5% 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 SE Loop 338 E / Lone Star Dr neighborhood, 69.5% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 14.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (9.4%), and 6.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the SE Loop 338 E / Lone Star Dr neighborhood is Spanish, spoken by 59.1% of households. Some people also speak English (39.8%).
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 SE Loop 338 E / Lone Star Dr neighborhood in Odessa, TX, residents most commonly identify their ethnicity or ancestry as Mexican (63.9%). There are also a number of people of Scottish ancestry (10.9%), and residents who report Scots-Irish roots (9.3%), and some of the residents are also of German ancestry (4.4%), along with some Irish ancestry residents (1.6%), among others. In addition, 16.1% 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 SE Loop 338 E / Lone Star Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (55.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (73.5%) 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 (13.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.