Mineral Wells Southeast median real estate price is $204,259, which is less expensive than 69.5% of Texas neighborhoods and 78.3% of all U.S. neighborhoods.
The average rental price in Mineral Wells Southeast is currently $1,660, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 59.7% of Texas neighborhoods.
Mineral Wells Southeast is a suburban neighborhood (based on population density) located in Mineral Wells, Texas.
Mineral Wells Southeast real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Mineral Wells Southeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.
Mineral Wells Southeast has a 11.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.1% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Mineral Wells Southeast neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.7% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 97.0% of all neighborhoods in America.
Our research shows that more people carpool to work here in the Mineral Wells Southeast (23.9%) than in 96.5% of the neighborhoods in America.
NeighborhoodScout's exclusive research revealed that 93.2% of the adult residents in the Mineral Wells Southeast neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.4% of the neighborhoods in America.
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 Mineral Wells Southeast neighborhood in Mineral Wells are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 49.3% of the neighborhoods in America. With 13.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 56.2% 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 Mineral Wells Southeast neighborhood, 35.8% 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 27.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.2%), and 16.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Mineral Wells Southeast neighborhood is English, spoken by 85.1% of households. Some people also speak Spanish (10.9%).
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 Mineral Wells Southeast neighborhood in Mineral Wells, TX, residents most commonly identify their ethnicity or ancestry as Mexican (20.8%). There are also a number of people of German ancestry (7.1%), and residents who report Asian roots (4.5%), and some of the residents are also of Irish ancestry (4.0%), along with some English ancestry residents (2.9%), among others.
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 Mineral Wells Southeast neighborhood spend under 15 minutes commuting one-way to work (38.7% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (11.7%) who commute over an hour in each direction.
Here most residents (71.8%) 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 (23.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.