Pensiontown of Carrollton / Carrollton - Riverbend median real estate price is $402,757, which is more expensive than 86.6% of the neighborhoods in Louisiana and 53.3% of the neighborhoods in the U.S.
The average rental price in Pensiontown of Carrollton / Carrollton - Riverbend is currently $1,416, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.5% of Louisiana neighborhoods.
Pensiontown of Carrollton / Carrollton - Riverbend is a densely urban neighborhood (based on population density) located in New Orleans, Louisiana.
Pensiontown of Carrollton / Carrollton - Riverbend real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Pensiontown of Carrollton / Carrollton - Riverbend neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Pensiontown of Carrollton / Carrollton - Riverbend. The current real estate vacancy rate here is 15.2%. This is higher than the rate of vacancies in 80.4% 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 New Orleans, the Pensiontown of Carrollton / Carrollton - Riverbend neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Pensiontown of Carrollton / Carrollton - Riverbend neighborhood is a fantastic option for bicycle commuters, as 4.8% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 98.1% of the neighborhoods in America.
Also, our research revealed that more commuters here take the bus to work (11.5% ride the bus) than 96.2% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Divorcees may find friendship and understanding in this neighborhood, as 20.4% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 96.1% of the neighborhoods in America.
Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Pensiontown of Carrollton / Carrollton - Riverbend neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 31.2% of the real estate here is made up of such dwellings, which is higher than 95.1% of all U.S. neighborhoods.
Did you know that the Pensiontown of Carrollton / Carrollton - Riverbend neighborhood has more African and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.8% of this neighborhood's residents have African ancestry and 2.0% have Austrian 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 Pensiontown of Carrollton / Carrollton - Riverbend neighborhood in New Orleans are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.7% of U.S. neighborhoods. With 24.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 75.9% 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 Pensiontown of Carrollton / Carrollton - Riverbend neighborhood, 53.1% 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 26.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.6%), and 6.8% in manufacturing and laborer occupations.
The most common language spoken in the Pensiontown of Carrollton / Carrollton - Riverbend neighborhood is English, spoken by 95.8% of households. Some people also speak French (2.2%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Pensiontown of Carrollton / Carrollton - Riverbend neighborhood in New Orleans, LA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (20.4%). There are also a number of people of African ancestry (19.8%), and residents who report Irish roots (11.6%), and some of the residents are also of French ancestry (10.7%), along with some German ancestry residents (5.5%), 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 Pensiontown of Carrollton / Carrollton - Riverbend neighborhood spend between 15 and 30 minutes commuting one-way to work (49.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (54.2%) 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 (12.2%) and 11.5% of residents also ride the bus 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.