Real Estate Prices and Overview
Dry Valley / Old Eastaboga median real estate prices are $86,408, which is more expensive than 45.1% of the neighborhoods
in Alabama and 17.5% of the
neighborhoods in the U.S.
Average rental prices in Dry Valley / Old Eastaboga are currently
$756, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.5%
of the neighborhoods in Alabama.
Dry Valley / Old Eastaboga is a suburban neighborhood (based on population
density) located in Lincoln, Alabama.
Dry Valley / Old Eastaboga real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes.
Most of the residential real estate is owner occupied. Many of
the residences in the Dry Valley / Old Eastaboga neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in
Dry Valley / Old Eastaboga. The current real estate vacancy rate here is 18.2%.
This is higher than the rate of vacancies in 81.5% of
all U.S. neighborhoods. This can sometimes be the case in neighborhoods
dominated by seasonal homes (such as vacation areas), and occasionally
it is also found in neighborhoods that are primarily filled with college
students, as some apartments could be vacant when school is not in session.
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.
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 Lincoln,
the Dry Valley / Old Eastaboga neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Dry Valley / Old Eastaboga neighborhood has more
Scottish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 5.7% of
this neighborhood's residents have Scottish ancestry.
Notable & Unique: Real Estate
In addition, the real estate in this neighborhood consists of more mobile homes than 99.0% of all neighborhoods in America, with 47.6% 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.
The Neighbors: Income
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 Dry Valley / Old Eastaboga neighborhood in Lincoln are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 71.9% of U.S. neighborhoods.
With 20.8% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 59.7%
of U.S. neighborhoods.
The Neighbors: Occupations
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 shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the Dry Valley / Old Eastaboga neighborhood, 33.2%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
manufacturing and laborer occupations, with 31.2% of the residents employed.
Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants
(23.0%), and 10.7% in clerical, assistant, and tech support occupations.
The Neighbors: 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 Dry Valley / Old Eastaboga neighborhood in Lincoln, AL, residents
most commonly identify their ethnicity or ancestry as Irish
(11.5%). There are also a number of people of English ancestry (8.9%) , and residents who report German roots (6.9%) , and some of the residents are also of Scottish ancestry (5.7%) , along with some Mexican ancestry residents (1.7%), among others.
The Neighbors: Languages
The most common language spoken in the Dry Valley / Old Eastaboga
neighborhood is English, spoken by 98.7% of households.
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 Dry Valley / Old Eastaboga neighborhood spend
between 15 and 30 minutes commuting one-way to work (40.6% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (85.9%) 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 (9.1%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.