SE Loop 338 E / Lone Star Dr median real estate price is $492,328, which is more expensive than 76.4% of the neighborhoods in Texas and 61.0% of the neighborhoods in the U.S.
The average rental price in SE Loop 338 E / Lone Star Dr is currently $1,978, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.8% of the neighborhoods in Texas.
SE Loop 338 E / Lone Star Dr is a remote neighborhood (based on population density) located in Odessa, Texas.
SE Loop 338 E / Lone Star Dr real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the SE Loop 338 E / Lone Star Dr neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In SE Loop 338 E / Lone Star Dr, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 86.5% of all neighborhoods in the U.S. This means that the housing supply in SE Loop 338 E / Lone Star Dr is very tight compared to the demand for property here.
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 Odessa, the SE Loop 338 E / Lone Star Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
NeighborhoodScout's exclusive research identifies the SE Loop 338 E / Lone Star Dr neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 69.5% of its working residents employed in such fields, which is a higher proportion than 99.9% of American neighborhoods.
Of particular note, 17.0% of the people in the SE Loop 338 E / Lone Star Dr neighborhood currently reside in a correction facility, held due to punishment for a crime.
In addition, the SE Loop 338 E / Lone Star Dr neighborhood is unique for having just 4.1% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.9% of America's neighborhoods.
The real estate in this neighborhood consists of more mobile homes than 96.4% of all neighborhoods in America, with 33.7% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.
Did you know that the SE Loop 338 E / Lone Star Dr neighborhood has more Scots-Irish and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.3% of this neighborhood's residents have Scots-Irish ancestry and 10.9% have Scottish ancestry.
SE Loop 338 E / Lone Star Dr is also pretty special linguistically. Significantly, 59.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.6% of all U.S. neighborhoods.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the SE Loop 338 E / Lone Star Dr neighborhood. In the SE Loop 338 E / Lone Star Dr neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.4% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 SE Loop 338 E / Lone Star Dr neighborhood in Odessa are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.1% of the neighborhoods in America. With 13.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 57.5% 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 SE Loop 338 E / Lone Star Dr neighborhood, 69.5% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 14.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (9.4%), and 6.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the SE Loop 338 E / Lone Star Dr neighborhood is Spanish, spoken by 59.1% of households. Some people also speak English (39.8%).
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 SE Loop 338 E / Lone Star Dr neighborhood in Odessa, TX, residents most commonly identify their ethnicity or ancestry as Mexican (63.9%). There are also a number of people of Scottish ancestry (10.9%), and residents who report Scots-Irish roots (9.3%), and some of the residents are also of German ancestry (4.4%), along with some Irish ancestry residents (1.6%), among others. In addition, 16.1% of the residents of this neighborhood were born in another country.
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 SE Loop 338 E / Lone Star Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (55.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (73.5%) 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 (13.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.