New Iberia Northwest median real estate price is $134,118, which is less expensive than 76.6% of Louisiana neighborhoods and 89.8% of all U.S. neighborhoods.
The average rental price in New Iberia Northwest is currently $1,031, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.7% of Louisiana neighborhoods.
New Iberia Northwest is a suburban neighborhood (based on population density) located in New Iberia, Louisiana.
New Iberia Northwest real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the New Iberia Northwest neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in New Iberia Northwest. The current real estate vacancy rate here is 38.4%. This is higher than the rate of vacancies in 97.6% 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 New Iberia, the New Iberia Northwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
NeighborhoodScout's exclusive research revealed that 97.0% of the adult residents in the New Iberia Northwest neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 98.4% of the neighborhoods in America.
In addition, one of the unique characteristics of the New Iberia Northwest neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 97.3% of the neighborhoods in America. Also of note, 59.3% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
In the New Iberia Northwest neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 27.4% of commuters carpool here, which is more than in 97.9% of all U.S. neighborhoods.
Despite all of the residential real estate here in the New Iberia Northwest neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 38.4%, which is higher than 97.6% of all U.S. neighborhoods.
Did you know that the New Iberia Northwest neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.7% of this neighborhood's residents have African ancestry and 13.7% have Sub-Saharan African 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 New Iberia Northwest neighborhood in New Iberia are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.3% of U.S. neighborhoods. With 59.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.9% of U.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 New Iberia Northwest neighborhood, 30.6% of the working population is employed in manufacturing and laborer 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 24.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (24.4%), and 20.0% in clerical, assistant, and tech support occupations.
The most common language spoken in the New Iberia Northwest neighborhood is English, spoken by 95.8% of households. Some people also speak French (2.7%).
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 New Iberia Northwest neighborhood in New Iberia, LA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (13.7%). There are also a number of people of African ancestry (13.7%), and residents who report Mexican roots (7.6%), and some of the residents are also of Spanish ancestry (1.6%).
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 New Iberia Northwest neighborhood spend under 15 minutes commuting one-way to work (40.2% of working residents), one of the shortest commutes across America.
Here most residents (72.4%) 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 (27.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.