Real Estate Prices and Overview
Gajan / Morbihan median real estate prices are $165,364, which is more expensive than 77.3% of the neighborhoods
in Louisiana and 51.7% of the
neighborhoods in the U.S.
Average rental prices in Gajan / Morbihan are currently
$836, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 77.8%
of the neighborhoods in Louisiana.
Gajan / Morbihan is a suburban neighborhood (based on population
density) located in New Iberia, Louisiana.
Gajan / Morbihan real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes.
Most of the residential real estate is owner occupied. Many of
the residences in the Gajan / Morbihan neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Gajan / Morbihan, the current vacancy rate is 3.3%,
which is a lower rate of vacancies than 86.0% of all neighborhoods
in the U.S. This means that the housing supply in Gajan / Morbihan
is very tight compared to the demand for property here.
Notable & Unique Neighborhood Characteristics
The way a neighborhood looks and feels when you walk or drive around it, from
its setting, its buildings, and its flavor, can make all the difference. This
neighborhood has some really cool things about the way it looks and feels as
revealed by NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
Notable & Unique: Diversity
Did you know that the Gajan / Morbihan neighborhood has more
French and French Canadian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 20.5% of
this neighborhood's residents have French ancestry and 7.4% have French Canadian ancestry.
Gajan / Morbihan is also pretty special linguistically. Significantly, 8.0% of its residents five years old and above primarily
speak French at home. While this may seem like a small percentage, it is higher
than 99.7% of the neighborhoods in America.
Notable & Unique: People
If you are an executive or professional seeking a neighborhood affording
an executive lifestyle, or just wanting to find where other executives
live in the area, the Gajan / Morbihan neighborhood should be
on your list. It has an enviable mix of spacious homes, relatively stable
real estate values, and residents that include a number of wealthy
executives, managers, and professionals. NeighborhoodScout's exclusive
analysis places it as one of the top 13.8% executive lifestyle
neighborhoods in the state of Louisiana.
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 Gajan / Morbihan neighborhood in New Iberia are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 81.0% of the neighborhoods in America.
In addition, 15.4% of the children seventeen and under
living in this neighborhood are living below the federal poverty line, which
is a lower rate of childhood poverty than is found in 50.5%
of America'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 Gajan / Morbihan neighborhood, 45.2%
of the working population is employed in executive, management, and professional 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 21.2% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(19.8%), and 13.8% in clerical, assistant, and tech support occupations.
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 Gajan / Morbihan neighborhood in New Iberia, LA, residents
most commonly identify their ethnicity or ancestry as French
(20.5%). There are also a number of people of French Canadian ancestry (7.4%) , and residents who report Italian roots (3.2%) , and some of the residents are also of German ancestry (2.8%) , along with some English ancestry residents (2.2%), among others.
The Neighbors: Languages
The most common language spoken in the Gajan / Morbihan
neighborhood is English, spoken by 88.9% of households. Some people also speak French (8.0%).
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 Gajan / Morbihan neighborhood spend
under 15 minutes commuting one-way to work (44.5% of working
residents), one of the shortest commutes across America.
Here most residents (91.9%) 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 (6.2%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.