Coleman / Folsom median real estate price is $254,245, which is less expensive than 72.2% of Alabama neighborhoods and 80.8% of all U.S. neighborhoods.
The average rental price in Coleman / Folsom is currently $855, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.0% of Alabama neighborhoods.
Coleman / Folsom is a remote neighborhood (based on population density) located in Marion, Alabama.
Coleman / Folsom 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 occupied by a mixture of owners and renters. Many of the residences in the Coleman / Folsom 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 Coleman / Folsom are 4.7%, which is lower than one will find in 66.0% of American neighborhoods. Demand for real estate in Coleman / Folsom 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.
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.
An extraordinary 21.5% of the residents of the Coleman / Folsom neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
In addition, one of the really interesting characteristics about the Coleman / Folsom neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 3.6% of college-friendly places to live in the state of Alabama.
The real estate in this neighborhood consists of more mobile homes than 96.1% of all neighborhoods in America, with 32.2% 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.
In addition, this neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 40 people per square mile living here, this neighborhood is less crowded than 91.0% of America.
Did you know that the Coleman / Folsom neighborhood has more Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.7% of this neighborhood's residents have Jamaican ancestry.
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 Coleman / Folsom neighborhood in Marion are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.1% of U.S. neighborhoods. With 41.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.4% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Coleman / Folsom neighborhood, 35.3% 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 clerical, assistant, and tech support occupations, with 23.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.1%), and 18.1% in executive, management, and professional occupations.
The most common language spoken in the Coleman / Folsom neighborhood is English, spoken by 99.3% 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 Coleman / Folsom neighborhood in Marion, AL, residents most commonly identify their ethnicity or ancestry as Jamaican (5.7%). There are also a number of people of English ancestry (4.0%), and residents who report Sub-Saharan African roots (2.8%), and some of the residents are also of African ancestry (2.0%), along with some Irish ancestry residents (2.0%), 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 Coleman / Folsom neighborhood spend under 15 minutes commuting one-way to work (46.6% of working residents), one of the shortest commutes across America.
Here most residents (84.2%) 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 (8.0%) and 6.0% of residents also carpool with coworkers, friends, or neighbors 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.