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Real Estate Prices & Overview

Southside / Cannondale median real estate price is $99,525, which is less expensive than 93.8% of Texas neighborhoods and 95.5% of all U.S. neighborhoods.

The average rental price in Southside / Cannondale is currently $2,178, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.4% of the neighborhoods in Texas.

Southside / Cannondale is a suburban neighborhood (based on population density) located in Odessa, Texas.

Southside / Cannondale 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 owner occupied. Many of the residences in the Southside / Cannondale neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Southside / Cannondale are 4.2%, which is lower than one will find in 71.1% of American neighborhoods. Demand for real estate in Southside / Cannondale is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

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.

People

Single parenting is hard. But you don't have to tell the Southside / Cannondale neighborhood about it; they already know. 24.5% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 98.7% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

In addition, neighborhoodScout's exclusive research revealed that 97.2% of the adult residents in the Southside / Cannondale 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.

Diversity

Did you know that the Southside / Cannondale neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 81.5% of this neighborhood's residents have Mexican ancestry.

Southside / Cannondale is also pretty special linguistically. Significantly, 72.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.8% of all U.S. neighborhoods.

The Neighbors

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 Southside / Cannondale neighborhood in Odessa are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.4% of U.S. neighborhoods. With 37.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.5% 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 Southside / Cannondale neighborhood, 35.5% 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 manufacturing and laborer occupations, with 29.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.1%), and 11.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Southside / Cannondale neighborhood is Spanish, spoken by 72.4% of households. Some people also speak English (27.6%).

Ethnicity / Ancestry

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 Southside / Cannondale neighborhood in Odessa, TX, residents most commonly identify their ethnicity or ancestry as Mexican (81.5%). In addition, 23.6% of the residents of this neighborhood were born in another country.

Getting to Work

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 Southside / Cannondale neighborhood spend between 15 and 30 minutes commuting one-way to work (44.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (84.9%) 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 (14.1%) . 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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