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
$568, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 40.9% 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, one of the unique characteristics of the Dr Martin Luther King Jr Ave / N Broad St
neighborhood revealed by analysis is that the per capita income of
residents here is lower than that found in 97.0% of the neighborhoods
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
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 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
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 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
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 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
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 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.