Real Estate Prices and Overview
Dr Martin Luther King Jr Ave / N Broad St median real estate prices are $49,586, which is less expensive than 94.9% of Alabama neighborhoods
and 97.7% of all U.S. neighborhoods.
Average rental prices in Dr Martin Luther King Jr Ave / N Broad St are currently
$587, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 67.1% of Alabama neighborhoods.
Dr Martin Luther King Jr Ave / N Broad St is a suburban neighborhood (based on population
density) located in Mobile, Alabama.
Dr Martin Luther King Jr Ave / N Broad St 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 occupied by a mixture of owners and renters. Many of
the residences in the Dr Martin Luther King Jr Ave / N Broad St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in
Dr Martin Luther King Jr Ave / N Broad St. The current real estate vacancy rate here is 24.0%.
This is higher than the rate of vacancies in 89.9% 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 Mobile,
the Dr Martin Luther King Jr Ave / N Broad St neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
NeighborhoodScout's exclusive research revealed that 97.4%
of the adult residents in the Dr Martin Luther King Jr Ave / N Broad St neighborhood do
not have a 4-year college degree, which is a lower rate of college graduated
adults than found in 98.1% of the neighborhoods in America.
In addition, the Dr Martin Luther King Jr Ave / N Broad St neighborhood stands out for having an
average per capita income lower than 97.0% of the neighborhoods
in the United States.
Also of note, 59.4% 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.
The Neighbors: Income
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 Dr Martin Luther King Jr Ave / N Broad St neighborhood in Mobile are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 97.0% of U.S. neighborhoods.
With 59.4% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 95.2%
of U.S. neighborhoods.
The Neighbors: Occupations
What we choose to do for a living reflects who we are. Each neighborhood has
a different mix of occupations represented, and together these tell you about
the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Dr Martin Luther King Jr Ave / N Broad St neighborhood, 41.3%
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
manufacturing and laborer occupations, with 28.3% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(23.8%), and 7.9% in government jobs, whether they are in local, state, or federal positions.
The Neighbors: Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves,
Los Angeles' Persian neighborhoods. Each has its own culture derived primarily
from the ancestries and culture of the residents who call these neighborhoods
home. Likewise, each neighborhood in America has its own culture – some more
unique than others – based on lifestyle, occupations, the types of households
– and importantly – on the ethnicities and ancestries of the people who live
in the neighborhood. Understanding where people came from, who their grandparents
or great-grandparents were, can help you understand how a neighborhood is today.
In the Dr Martin Luther King Jr Ave / N Broad St neighborhood in Mobile, AL, residents
most commonly identify their ethnicity or ancestry as English
The Neighbors: Languages
The most common language spoken in the Dr Martin Luther King Jr Ave / N Broad St
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 Dr Martin Luther King Jr Ave / N Broad St neighborhood spend
under 15 minutes commuting one-way to work (45.8% of working
residents), one of the shortest commutes across America.
Here most residents (80.5%) 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 (9.9%) and 5.3% 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.