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Real Estate Prices & Overview

Barnet Springs / Louisiana Tech University median real estate price is $192,039, which is more expensive than 39.9% of the neighborhoods in Louisiana and 18.2% of the neighborhoods in the U.S.

The average rental price in Barnet Springs / Louisiana Tech University is currently $1,109, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.8% of Louisiana neighborhoods.

Barnet Springs / Louisiana Tech University is a rural neighborhood (based on population density) located in Ruston, Louisiana.

Barnet Springs / Louisiana Tech University 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 renter occupied. Many of the residences in the Barnet Springs / Louisiana Tech University 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 7.0% in Barnet Springs / Louisiana Tech University. NeighborhoodScout analysis shows that this rate is lower than 51.5% 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 Ruston, the Barnet Springs / Louisiana Tech University neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Barnet Springs / Louisiana Tech University neighborhood stands out for having an average per capita income lower than 98.1% of the neighborhoods in the United States. Also of note, 82.6% 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 addition, neighborhoodScout's analysis shows that the Barnet Springs / Louisiana Tech University neighborhood has a greater concentration of residents currently enrolled in college than 98.9% of the neighborhoods in the U.S. With 39.1% of the population here attending college, this is very much a college-focused neighborhood.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Barnet Springs / Louisiana Tech University neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 6.4% of the workforce so employed, this neighborhood has a greater concentration of such workers than 98.0% of U.S. neighborhoods.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Barnet Springs / Louisiana Tech University neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 60.1% 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 96.1% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the Barnet Springs / Louisiana Tech University neighborhood has more French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.2% of this neighborhood's residents have French ancestry.

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 Barnet Springs / Louisiana Tech University neighborhood in Ruston are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.1% of U.S. neighborhoods. With 82.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.5% 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 Barnet Springs / Louisiana Tech University neighborhood, 35.3% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 32.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.4%), and 12.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Barnet Springs / Louisiana Tech University neighborhood is English, spoken by 96.1% of households.

Ethnicity / Ancestry

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 Barnet Springs / Louisiana Tech University neighborhood in Ruston, LA, residents most commonly identify their ethnicity or ancestry as Irish (7.5%). There are also a number of people of German ancestry (7.1%), and residents who report English roots (6.3%), and some of the residents are also of French ancestry (6.2%), along with some Mexican ancestry residents (5.0%), 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 Barnet Springs / Louisiana Tech University neighborhood spend under 15 minutes commuting one-way to work (60.1% of working residents), one of the shortest commutes across America.

Here most residents (64.8%) 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 (10.0%) and 6.4% 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.

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