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Real Estate Prices & Overview

Russellville Northeast median real estate price is $206,442, which is more expensive than 53.6% of the neighborhoods in Arkansas and 22.1% of the neighborhoods in the U.S.

The average rental price in Russellville Northeast is currently $1,283, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.6% of Arkansas neighborhoods.

Russellville Northeast is a rural neighborhood (based on population density) located in Russellville, Arkansas.

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

Russellville Northeast has a 12.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 70.6% 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.

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 Russellville, the Russellville Northeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Russellville Northeast neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Russellville Northeast neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 79.5% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

Of particular note, 11.0% of the people in the Russellville Northeast neighborhood currently reside in a correction facility, held due to punishment for a crime.

In addition, an extraordinary 11.2% of the residents of the Russellville Northeast 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.

Modes of Transportation

In the Russellville Northeast neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 14.2% of residents here. This is a higher proportion of walking commuters than we found in 96.8% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Also, our research shows that more people carpool to work here in the Russellville Northeast (24.1%) than in 96.5% of the neighborhoods in America.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Russellville Northeast stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 83.3% of the residential real estate here was built in this one time period.

Diversity

Did you know that the Russellville Northeast neighborhood has more Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.9% of this neighborhood's residents have Dutch 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 Russellville Northeast neighborhood in Russellville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.5% of U.S. neighborhoods. With 36.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.8% 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 Russellville Northeast neighborhood, 32.5% 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 27.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.5%), and 19.6% in executive, management, and professional occupations.

Languages

The most common language spoken in the Russellville Northeast neighborhood is English, spoken by 85.1% of households. Some people also speak Spanish (13.7%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Russellville Northeast neighborhood in Russellville, AR, residents most commonly identify their ethnicity or ancestry as Mexican (17.8%). There are also a number of people of German ancestry (12.9%), and residents who report Irish roots (7.8%), and some of the residents are also of Dutch ancestry (6.9%), along with some Spanish ancestry residents (2.7%), among others. In addition, 13.8% 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 Russellville Northeast neighborhood spend under 15 minutes commuting one-way to work (79.5% of working residents), one of the shortest commutes across America.

Here most residents (58.0%) 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 (24.1%) and 14.2% of residents also hop out the door and walk to work 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.


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