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Real Estate Prices & Overview

W 42nd St / N F M 1936 median real estate price is $225,672, which is more expensive than 36.1% of the neighborhoods in Texas and 26.3% of the neighborhoods in the U.S.

The average rental price in W 42nd St / N F M 1936 is currently $1,466, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 74.6% of Texas neighborhoods.

W 42nd St / N F M 1936 is a rural neighborhood (based on population density) located in Odessa, Texas.

W 42nd St / N F M 1936 real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the W 42nd St / N F M 1936 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.

Home and apartment vacancy rates are 8.8% in W 42nd St / N F M 1936. NeighborhoodScout analysis shows that this rate is lower than 43.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Odessa, the W 42nd St / N F M 1936 neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the W 42nd St / N F M 1936 neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the W 42nd St / N F M 1936 community truly stands out from the rest in this regard.

Length of Commute

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 W 42nd St / N F M 1936 neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 16.8% 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 99.0% of all neighborhoods in America.

Occupations

NeighborhoodScout's exclusive research identifies the W 42nd St / N F M 1936 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 46.6% of its working residents employed in such fields, which is a higher proportion than 97.9% of American neighborhoods.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 97.6% of all neighborhoods in America, with 39.1% 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.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the W 42nd St / N F M 1936 neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 34.5% of the households here have four, five, or more cars. That is more cars per household than in 95.9% of the neighborhoods in the nation.

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 W 42nd St / N F M 1936 neighborhood in Odessa are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 74.2% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 W 42nd St / N F M 1936 neighborhood, 46.6% 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 25.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.5%), and 8.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the W 42nd St / N F M 1936 neighborhood is English, spoken by 58.8% of households. Some people also speak Spanish (41.2%).

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 W 42nd St / N F M 1936 neighborhood in Odessa, TX, residents most commonly identify their ethnicity or ancestry as Mexican (52.7%). There are also a number of people of English ancestry (4.2%), and residents who report German roots (4.0%), and some of the residents are also of Spanish ancestry (3.1%), along with some Irish ancestry residents (2.7%), among others. In addition, 14.0% 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 W 42nd St / N F M 1936 neighborhood spend between 30 and 45 minutes commuting one-way to work (32.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods. However, there is also a significant group of residents (16.8%) who commute over an hour in each direction.

Here most residents (84.1%) 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 (8.8%) . 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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