University of Louisiana at Monroe median real estate price is $177,241, which is less expensive than 64.6% of Louisiana neighborhoods and 82.8% of all U.S. neighborhoods.
The average rental price in University of Louisiana at Monroe is currently $1,292, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.7% of Louisiana neighborhoods.
University of Louisiana at Monroe is a suburban neighborhood (based on population density) located in Monroe, Louisiana.
University of Louisiana at Monroe real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the University of Louisiana at Monroe neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in University of Louisiana at Monroe. The current real estate vacancy rate here is 20.4%. This is higher than the rate of vacancies in 87.4% 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 Monroe, the University of Louisiana at Monroe neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
NeighborhoodScout's analysis shows that the University of Louisiana at Monroe neighborhood has a greater concentration of residents currently enrolled in college than 98.9% of the neighborhoods in the U.S. With 38.3% of the population here attending college, this is very much a college-focused neighborhood.
In addition, one of the unique characteristics of the University of Louisiana at Monroe neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.7% of the neighborhoods in America. Also of note, 69.2% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
In the University of Louisiana at Monroe 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 19.6% of residents here. This is a higher proportion of walking commuters than we found in 98.1% of American neighborhoods. Get ready to put on your walking shoes if you move here!
The University of Louisiana at Monroe neighborhood stands out nationally for having a greater proportion of its residents active in the military than 97.6% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.
91.1% of the real estate in the University of Louisiana at Monroe neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The University of Louisiana at Monroe neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the University of Louisiana at Monroe neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 57.9% 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 95.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the University of Louisiana at Monroe neighborhood in Monroe are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.7% of U.S. neighborhoods. With 69.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.4% 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 University of Louisiana at Monroe neighborhood, 32.4% 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 28.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.6%), and 19.3% in manufacturing and laborer occupations.
The most common language spoken in the University of Louisiana at Monroe neighborhood is English, spoken by 95.2% of households.
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 University of Louisiana at Monroe neighborhood in Monroe, LA, residents most commonly identify their ethnicity or ancestry as English (9.1%). There are also a number of people of Irish ancestry (5.6%), and residents who report Asian roots (2.7%), and some of the residents are also of Sub-Saharan African ancestry (2.4%), along with some Jamaican ancestry residents (2.2%), 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 University of Louisiana at Monroe neighborhood spend under 15 minutes commuting one-way to work (57.9% of working residents), one of the shortest commutes across America.
Here most residents (52.8%) 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 (19.6%) and 9.4% 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.