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Real Estate Prices & Overview

Karen Ave / Placita Ave median real estate price is $148,797, which is less expensive than 91.7% of Nevada neighborhoods and 81.4% of all U.S. neighborhoods.

The average rental price in Karen Ave / Placita Ave is currently $1,839, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.5% of Nevada neighborhoods.

Karen Ave / Placita Ave is a suburban neighborhood (based on population density) located in Las Vegas, Nevada.

Karen Ave / Placita Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) mobile homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Karen Ave / Placita Ave neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Karen Ave / Placita Ave. The current real estate vacancy rate here is 19.6%. This is higher than the rate of vacancies in 86.2% 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.

Notable & Unique Neighborhood Characteristics

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 Las Vegas, the Karen Ave / Placita Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

There are more people living in the Karen Ave / Placita Ave neighborhood employed as sales and service workers (48.4%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 97.7% of U.S. neighborhoods.

People

NeighborhoodScout's exclusive research revealed that 95.1% of the adult residents in the Karen Ave / Placita Ave neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.3% of the neighborhoods in America.

In addition, divorcees may find friendship and understanding in this neighborhood, as 21.1% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 96.9% of the neighborhoods in America.

Also, the Karen Ave / Placita Ave neighborhood stands out for having an average per capita income lower than 96.7% of the neighborhoods in the United States.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 97.0% of all neighborhoods in America, with 36.7% 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.

Diversity

Did you know that the Karen Ave / Placita Ave neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.8% of this neighborhood's residents have Cuban ancestry.

The Neighbors

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 Karen Ave / Placita Ave neighborhood in Las Vegas are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.7% of U.S. neighborhoods. With 43.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.0% 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 Karen Ave / Placita Ave neighborhood, 51.6% 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 manufacturing and laborer occupations, with 28.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (10.3%), and 9.7% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Karen Ave / Placita Ave neighborhood is English, spoken by 54.2% of households. Other important languages spoken here include Spanish and Polish.

Ethnicity / Ancestry

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 Karen Ave / Placita Ave neighborhood in Las Vegas, NV, residents most commonly identify their ethnicity or ancestry as Mexican (41.8%). There are also a number of people of German ancestry (7.3%), and residents who report Irish roots (5.3%), and some of the residents are also of Sub-Saharan African ancestry (4.5%), along with some African ancestry residents (4.5%), among others. In addition, 25.7% of the residents of this neighborhood were born in another country.

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 Karen Ave / Placita Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (51.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (77.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (16.3%) . 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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