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Real Estate Prices & Overview

Greenwell Springs median real estate price is $236,924, which is more expensive than 57.7% of the neighborhoods in Louisiana and 28.1% of the neighborhoods in the U.S.

The average rental price in Greenwell Springs is currently $2,275, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.0% of the neighborhoods in Louisiana.

Greenwell Springs is a rural neighborhood (based on population density) located in Central, Louisiana.

Greenwell Springs real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Greenwell Springs 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 6.8% in Greenwell Springs. NeighborhoodScout analysis shows that this rate is lower than 54.9% 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 Central, the Greenwell Springs 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 Greenwell Springs 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 Greenwell Springs community truly stands out from the rest in this regard.

In addition, the Greenwell Springs neighborhood is a great option for families, as revealed by NeighborhoodScout's research on this neighborhood. The combination of top public schools, low crime rates, and owner-occupied single family homes, make this neighborhood among the top 5.7% of family-friendly neighborhoods in the state of Louisiana. Many other families also live here, making it easy to socialize and develop a sense of community. In addition, families here highly value education, as is reflected by the strength of the local schools.

Modes of Transportation

While most Americans do drive to work alone each day, the Greenwell Springs neighborhood stands out by having 92.8% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 98.6% of all American neighborhoods.

Real Estate

Real estate in the Greenwell Springs neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 96.4% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.

Diversity

Did you know that the Greenwell Springs neighborhood has more French Canadian and French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.7% of this neighborhood's residents have French Canadian ancestry and 7.1% have French ancestry.

Greenwell Springs is also pretty special linguistically. Significantly, 7.2% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 96.2% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the Greenwell Springs neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.7% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

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 Greenwell Springs neighborhood in Central are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 58.9% 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.

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 Greenwell Springs neighborhood, 33.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 32.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.1%), and 12.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Greenwell Springs neighborhood is English, spoken by 99.2% of households. Some people also speak Italian (7.2%).

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 Greenwell Springs neighborhood in Central, LA, residents most commonly identify their ethnicity or ancestry as Irish (9.4%). There are also a number of people of French ancestry (7.1%), and residents who report English roots (6.6%), and some of the residents are also of German ancestry (4.6%), along with some French Canadian ancestry residents (3.7%), 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 Greenwell Springs neighborhood spend between 30 and 45 minutes commuting one-way to work (43.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (92.8%) 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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