Cottonwood / Gassoway median real estate price is $191,632, which is more expensive than 37.9% of the neighborhoods in Louisiana and 20.8% of the neighborhoods in the U.S.
The average rental price in Cottonwood / Gassoway is currently $860, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 94.5% of Louisiana neighborhoods.
Cottonwood / Gassoway is a remote neighborhood (based on population density) located in Lake Providence, Louisiana.
Cottonwood / Gassoway real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Cottonwood / Gassoway neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Cottonwood / Gassoway. The current real estate vacancy rate here is 21.8%. This is higher than the rate of vacancies in 90.4% 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.
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 Lake Providence, the Cottonwood / Gassoway neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Single parenting is hard. But you don't have to tell the Cottonwood / Gassoway neighborhood about it; they already know. 26.5% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.1% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.
In addition, if you are planning to retire in Louisiana, this neighborhood should be on your must-see list. For many reasons, Cottonwood / Gassoway may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Louisiana, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.6% of neighborhoods in LA. If a Louisiana retirement is in your future, this neighborhood should be one of the places you visit.
Also, one of the unique characteristics of the Cottonwood / Gassoway neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 96.7% of the neighborhoods in America.
Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 20 residents per square mile, Cottonwood / Gassoway is less crowded than 94.8% of all U.S. neighborhoods.
Did you know that the Cottonwood / Gassoway neighborhood has more French and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.2% of this neighborhood's residents have French ancestry and 1.4% have Canadian ancestry.
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 Cottonwood / Gassoway neighborhood in Lake Providence are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.7% of U.S. neighborhoods. With 49.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.1% 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 Cottonwood / Gassoway neighborhood, 38.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 21.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.3%), and 20.3% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Cottonwood / Gassoway neighborhood is English, spoken by 99.3% of households.
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 Cottonwood / Gassoway neighborhood in Lake Providence, LA, residents most commonly identify their ethnicity or ancestry as French (9.2%). There are also a number of people of Irish ancestry (5.3%), and residents who report Italian roots (4.2%), and some of the residents are also of German ancestry (3.5%), along with some English ancestry residents (3.0%), among others.
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 Cottonwood / Gassoway neighborhood spend under 15 minutes commuting one-way to work (54.5% of working residents), one of the shortest commutes across America.
Here most residents (75.4%) 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 (10.9%) and 5.1% 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.