Slaton-Bean median real estate price is $90,911, which is less expensive than 92.9% of Texas neighborhoods and 94.7% of all U.S. neighborhoods.
The average rental price in Slaton-Bean is currently $1,176, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 90.2% of Texas neighborhoods.
Slaton-Bean is a suburban neighborhood (based on population density) located in Lubbock, Texas.
Slaton-Bean real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Slaton-Bean 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 Slaton-Bean. The current real estate vacancy rate here is 21.2%. This is higher than the rate of vacancies in 89.8% 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.
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.
Our research shows that more people carpool to work here in the Slaton-Bean (29.6%) than in 98.6% of the neighborhoods in America.
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 Slaton-Bean neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 6.3% of the workforce so employed, this neighborhood has a greater concentration of such workers than 97.9% of U.S. neighborhoods.
The Slaton-Bean neighborhood stands out for having an average per capita income lower than 96.5% of the neighborhoods in the United States.
Did you know that the Slaton-Bean neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.8% of this neighborhood's residents have Cuban ancestry.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Slaton-Bean neighborhood in Lubbock are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.5% of U.S. neighborhoods. With 31.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.0% 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 Slaton-Bean neighborhood, 33.1% 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 32.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.4%), and 6.3% in farming, forestry, or commercial fishing.
The most common language spoken in the Slaton-Bean neighborhood is Spanish, spoken by 51.3% of households. Some people also speak English (48.7%).
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 Slaton-Bean neighborhood in Lubbock, TX, residents most commonly identify their ethnicity or ancestry as Mexican (51.3%). There are also a number of people of English ancestry (9.3%), and residents who report Cuban roots (4.8%), and some of the residents are also of Sub-Saharan African ancestry (1.8%), along with some African ancestry residents (1.8%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Slaton-Bean neighborhood spend under 15 minutes commuting one-way to work (47.9% of working residents), one of the shortest commutes across America.
Here most residents (68.1%) 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 (29.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.