Real Estate Prices and Overview
E Roosevelt Rd / Bond Ave median real estate prices are $67,901, which is less expensive than 74.5% of Arkansas neighborhoods
and 92.0% of all U.S. neighborhoods.
Average rental prices in E Roosevelt Rd / Bond Ave are currently
$983, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.0%
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
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 Little Rock,
the E Roosevelt Rd / Bond Ave neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
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.
Notable & Unique: People
Astoundingly, the E Roosevelt Rd / Bond Ave neighborhood has one of the highest
concentrations of divorcees living here than of any neighborhood, a
higher concentration than NeighborhoodScout found in 95.9%
of U.S. neighborhoods. This may be because people living here divorce
more often than others, or that divorced people move here after they
become divorced. If you are divorced, you will be in good company in
this particular Little Rock neighborhood.
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 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
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 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
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 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.