Real Estate Prices and Overview
Route 98 / Cole Rd median real estate prices are $264,223, which is more expensive than 99.1% of the neighborhoods
in Mississippi and 73.4% of the
neighborhoods in the U.S.
Average rental prices in Route 98 / Cole Rd are currently
$809, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.7%
of the neighborhoods in Mississippi.
Route 98 / Cole Rd is a suburban neighborhood (based on population
density) located in Hattiesburg, Mississippi.
Route 98 / Cole Rd real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments.
Most of the residential real estate is owner occupied. Many of
the residences in the Route 98 / Cole Rd 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 Route 98 / Cole Rd, the current vacancy rate is 2.5%,
which is a lower rate of vacancies than 89.8% of all neighborhoods
in the U.S. This means that the housing supply in Route 98 / Cole Rd
is very tight compared to the demand for property here.
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 Hattiesburg,
the Route 98 / Cole Rd neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
A majority of the adults in the Route 98 / Cole Rd neighborhood
are wealthy and educated executives. They own stately
homes that tend to maintain high real estate appreciation rates. Their
upper-level careers keep them busy, but allow them to live comfortably.
If you're an executive and want to keep similar company, consider settling
in this neighborhood, rated as an executive lifestyle
"best choice" neighborhood for Mississippi by NeighborhoodScout's analysis,
which rated it as better for executive lifestyles than 99.5%
of the neighborhoods in Mississippi.
In addition to being an excellent choice for highly educated executives, this
neighborhood is also a very good choice for families with school-aged children.
In addition, priests and therapists would like to think they know the secrets to a
truly successful marriage, but according to NeighborhoodScout's research,
the folks of the Route 98 / Cole Rd neighborhood may actually hold
the key. 67.3% of its residents are married, which is a higher
percentage than is found in 95.7% of the neighborhoods
Notable & Unique: Diversity
Did you know that the Route 98 / Cole Rd neighborhood has more
Scots-Irish and Scottish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 6.1% of
this neighborhood's residents have Scots-Irish ancestry and 3.6% have Scottish ancestry.
Notable & Unique: Modes of Transportation
Our research reveals that 95.6% of commuters who live in the
Route 98 / Cole Rd neighborhood get to work each day by driving
alone in their automobiles, which is a higher proportion than
98.7% of U.S. neighborhoods.
Notable & Unique: Occupations
With 1.6% of employed workers living in the
Route 98 / Cole Rd neighborhood active in the military, this neighborhood has
the distinction of having a higher proportion of people in the military
than 95.9% of American neighborhoods. This is a major
shaper of the neighborhood's culture and character.
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 Route 98 / Cole Rd neighborhood in Hattiesburg are wealthy, making it among the 15% highest income neighborhoods in America.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 86.4% of the neighborhoods in America.
In addition, 1.9% 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 85.3%
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 Route 98 / Cole Rd neighborhood, 58.4%
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 21.1% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(11.9%), and 8.6% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities
and ancestries have different cultural traditions, and as a result, neighborhoods
with concentrations of residents of one or another ethnicities or ancestries
will express those cultures. It is what makes the North End in Boston so fun
to visit for the Italian restaurants, bakeries, culture, and charm, and similarly,
why people enjoy visiting Chinatown in San Francisco.
In the Route 98 / Cole Rd neighborhood in Hattiesburg, MS, residents
most commonly identify their ethnicity or ancestry as German
(12.7%). There are also a number of people of English ancestry (9.3%) , and residents who report Irish roots (7.7%) , and some of the residents are also of Scots-Irish ancestry (6.1%) , along with some French ancestry residents (3.9%), among others.
The Neighbors: Languages
The most common language spoken in the Route 98 / Cole Rd
neighborhood is English, spoken by 96.1% 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 Route 98 / Cole Rd neighborhood spend
between 15 and 30 minutes commuting one-way to work (48.4% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (95.6%) drive alone in a private automobile to get to work.
In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.