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Real Estate Prices & Overview

Elks / Walroy median real estate price is $314,156, which is more expensive than 77.5% of the neighborhoods in Louisiana and 42.2% of the neighborhoods in the U.S.

The average rental price in Elks / Walroy is currently $1,337, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.7% of Louisiana neighborhoods.

Elks / Walroy is a rural neighborhood (based on population density) located in Broussard, Louisiana.

Elks / Walroy 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 Elks / Walroy 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.

Elks / Walroy has a 10.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.5% 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

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.

People

If you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Elks / Walroy neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 12.1% executive lifestyle neighborhoods in the state of Louisiana.

Diversity

Did you know that the Elks / Walroy neighborhood has more French and French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.6% of this neighborhood's residents have French ancestry and 5.5% have French Canadian ancestry.

Elks / Walroy is also pretty special linguistically. Significantly, 4.0% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 96.7% 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 Elks / Walroy neighborhood in Broussard are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 64.3% of the neighborhoods in America. With 17.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.9% of U.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 Elks / Walroy neighborhood, 62.4% 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 17.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.5%), and 9.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Elks / Walroy neighborhood is English, spoken by 93.1% of households. Some people also speak French (4.0%).

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 Elks / Walroy neighborhood in Broussard, LA, residents most commonly identify their ethnicity or ancestry as French (16.6%). There are also a number of people of Irish ancestry (8.9%), and residents who report German roots (8.8%), and some of the residents are also of Italian ancestry (6.5%), along with some English ancestry residents (5.7%), 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 Elks / Walroy neighborhood spend between 15 and 30 minutes commuting one-way to work (36.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (79.1%) 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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