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Real Estate Prices & Overview

Homestead at Old Jefferson / Round Oak median real estate price is $235,509, which is more expensive than 57.2% of the neighborhoods in Louisiana and 27.9% of the neighborhoods in the U.S.

The average rental price in Homestead at Old Jefferson / Round Oak is currently $2,216, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.2% of the neighborhoods in Louisiana.

Homestead at Old Jefferson / Round Oak is a suburban neighborhood (based on population density) located in Baton Rouge, Louisiana.

Homestead at Old Jefferson / Round Oak real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Homestead at Old Jefferson / Round Oak 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.

In Homestead at Old Jefferson / Round Oak, the current vacancy rate is 1.4%, which is a lower rate of vacancies than 90.0% of all neighborhoods in the U.S. This means that the housing supply in Homestead at Old Jefferson / Round Oak is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

Divorcees may find friendship and understanding in this neighborhood, as 27.8% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 99.6% of the neighborhoods in America.

In addition, according to NeighborhoodScout's research, Homestead at Old Jefferson / Round Oak is better suited for first-time home buyers than 89.0% of neighborhoods in the state. Most homes here are priced below the state's median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in Louisiana. Along with an exclusive multi-metric measure of neighborhood quality developed by NeighborhoodScout that scores high here in this neighborhood, this means that buying into the neighborhood is not only an accessible option but considered a decent first time home buyer choice for building equity in your first home, while being in a quality neighborhood In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for active retirees.

Modes of Transportation

While most Americans do drive to work alone each day, the Homestead at Old Jefferson / Round Oak neighborhood stands out by having 93.4% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 98.9% of all American neighborhoods.

Occupations

There are more people living in the Homestead at Old Jefferson / Round Oak neighborhood employed as sales and service workers (62.1%) 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.

Diversity

Did you know that the Homestead at Old Jefferson / Round Oak neighborhood has more French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 14.5% of this neighborhood's residents have French ancestry.

Homestead at Old Jefferson / Round Oak is also pretty special linguistically. Significantly, 3.0% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 97.0% of the neighborhoods in America.

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 Homestead at Old Jefferson / Round Oak neighborhood in Baton Rouge are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.9% of the neighborhoods in America. In addition, 3.5% 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 69.6% of America'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 Homestead at Old Jefferson / Round Oak neighborhood, 41.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 37.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.0%), and 6.5% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Homestead at Old Jefferson / Round Oak neighborhood is English, spoken by 95.1% of households. Some people also speak African languages (3.0%).

Ethnicity / Ancestry

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 Homestead at Old Jefferson / Round Oak neighborhood in Baton Rouge, LA, residents most commonly identify their ethnicity or ancestry as French (14.5%). There are also a number of people of English ancestry (13.4%), and residents who report Italian roots (10.9%), and some of the residents are also of Irish ancestry (10.3%), along with some German ancestry residents (9.1%), among others.

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 Homestead at Old Jefferson / Round Oak neighborhood spend under 15 minutes commuting one-way to work (41.9% of working residents), one of the shortest commutes across America.

Here most residents (93.4%) drive alone in a private automobile to get to work. 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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