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Real Estate Prices & Overview

Magnolia Dr / Bell Richard Ave median real estate price is $117,955, which is less expensive than 84.4% of Louisiana neighborhoods and 93.5% of all U.S. neighborhoods.

The average rental price in Magnolia Dr / Bell Richard Ave is currently $1,730, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.6% of the neighborhoods in Louisiana.

Magnolia Dr / Bell Richard Ave is a suburban neighborhood (based on population density) located in Fort Polk, Louisiana.

Magnolia Dr / Bell Richard Ave real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) small apartment buildings and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Magnolia Dr / Bell Richard Ave 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.

Vacant apartments or homes are a major fact of life in Magnolia Dr / Bell Richard Ave. The current real estate vacancy rate here is 15.5%. This is higher than the rate of vacancies in 81.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually 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.

Occupations

With 48.5% of employed workers living in the Magnolia Dr / Bell Richard Ave neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.9% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

People

Astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 99.7% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Magnolia Dr / Bell Richard Ave neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

In addition, one of the really interesting characteristics about the Magnolia Dr / Bell Richard Ave 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 0.4% of college-friendly places to live in the state of Louisiana.

Real Estate

If you love row houses and attached homes, you will probably really like the Magnolia Dr / Bell Richard Ave neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 32.2% of the residential real estate here is classified as row houses and attached homes.

In addition, renter-occupied real estate is dominant in the Magnolia Dr / Bell Richard Ave neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 96.6%, which is higher than 98.4% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

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 Magnolia Dr / Bell Richard Ave neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Magnolia Dr / Bell Richard Ave neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 72.3% 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 98.9% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Magnolia Dr / Bell Richard Ave neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.1% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Magnolia Dr / Bell Richard Ave neighborhood in Fort Polk are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 65.4% of U.S. neighborhoods. With 15.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.1% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Magnolia Dr / Bell Richard Ave neighborhood, 48.5% of the working population is employed in the military. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 44.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (33.7%), and 13.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Magnolia Dr / Bell Richard Ave neighborhood is English, spoken by 79.5% of households. Some people also speak Spanish (12.4%).

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 Magnolia Dr / Bell Richard Ave neighborhood in Fort Polk, LA, residents most commonly identify their ethnicity or ancestry as Mexican (8.6%). There are also a number of people of German ancestry (3.9%), and residents who report Asian roots (3.8%), and some of the residents are also of English ancestry (2.6%), along with some Puerto Rican ancestry residents (2.5%), 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 Magnolia Dr / Bell Richard Ave neighborhood spend under 15 minutes commuting one-way to work (72.3% of working residents), one of the shortest commutes across America.

Here most residents (79.2%) 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 (14.0%) . 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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