Real Estate Prices and Overview
E Roosevelt Rd / Bond Ave median real estate prices are $67,901, which is less expensive than 74.6% of Arkansas neighborhoods
and 91.9% of all U.S. neighborhoods.
Average rental prices in E Roosevelt Rd / Bond Ave are currently
$631, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.4%
of the neighborhoods in Arkansas.
E Roosevelt Rd / Bond Ave is a rural neighborhood (based on population
density) located in Little Rock, Arkansas.
E Roosevelt Rd / Bond Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the E Roosevelt Rd / Bond Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in
E Roosevelt Rd / Bond Ave. The current real estate vacancy rate here is 17.9%.
This is higher than the rate of vacancies in 80.9% 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
When you see a neighborhood for the first time, the most important thing
is often the way it looks, like its homes and its setting. Some places look
the same, but they only reveal their true character after living in them for
a while because they contain a unique mix of occupational or cultural groups.
This neighborhood is very unique in some important ways, according to
NeighborhoodScout's exclusive exploration and analysis.
Notable & Unique: Modes of Transportation
Our research shows that more people carpool to work here in the
E Roosevelt Rd / Bond Ave (23.7%) than in 97.1% of the
neighborhoods in America.
The Neighbors: Income
There are two complimentary 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 E Roosevelt Rd / Bond Ave neighborhood in Little Rock are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 92.5% of U.S. neighborhoods.
With 38.5% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 82.5%
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 E Roosevelt Rd / Bond Ave neighborhood, 35.8%
of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is
sales and service jobs, from major sales accounts, to working in fast food restaurants, with 35.0% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(20.2%), and 9.8% 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 E Roosevelt Rd / Bond Ave neighborhood in Little Rock, AR, residents
most commonly identify their ethnicity or ancestry as Mexican
(6.8%). There are also a number of people of Irish ancestry (1.5%) .
The Neighbors: Languages
The most common language spoken in the E Roosevelt Rd / Bond Ave
neighborhood is English, spoken by 91.0% of households. Some people also speak Spanish (9.0%).
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 E Roosevelt Rd / Bond Ave neighborhood spend
between 15 and 30 minutes commuting one-way to work (33.7% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (72.6%) 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 (23.7%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.