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Real Estate Prices & Overview

Seven Springs median real estate price is $350,843, which is more expensive than 89.0% of the neighborhoods in Mississippi and 47.4% of the neighborhoods in the U.S.

The average rental price in Seven Springs is currently $1,598, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.3% of the neighborhoods in Mississippi.

Seven Springs is a rural neighborhood (based on population density) located in Raymond, Mississippi.

Seven Springs 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 Seven Springs 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 Seven Springs are 5.1%, which is lower than one will find in 65.6% of American neighborhoods. Demand for real estate in Seven Springs 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

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.

People

If you're nearing retirement age, or in retirement, the Seven Springs is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 8.3% of retiree-friendly neighborhoods in Mississippi, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Mississippi. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives.

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 Seven Springs neighborhood in Raymond are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 64.8% of the neighborhoods in America. With 14.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.1% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Seven Springs neighborhood, 46.4% 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 20.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.6%), and 15.1% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Seven Springs neighborhood is English, spoken by 96.3% of households. Some people also speak Spanish (3.2%).

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 Seven Springs neighborhood in Raymond, MS, residents most commonly identify their ethnicity or ancestry as Irish (8.9%). There are also a number of people of English ancestry (4.6%), and residents who report German roots (3.0%), and some of the residents are also of Scots-Irish ancestry (2.1%), along with some Scottish ancestry residents (1.3%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Seven Springs neighborhood spend between 30 and 45 minutes commuting one-way to work (41.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (88.6%) 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 (9.9%) . 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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