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Real Estate Prices & Overview

North Midtown / Millsaps College median real estate price is $243,418, which is more expensive than 74.6% of the neighborhoods in Mississippi and 31.6% of the neighborhoods in the U.S.

The average rental price in North Midtown / Millsaps College is currently $1,352, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.1% of Mississippi neighborhoods.

North Midtown / Millsaps College is a suburban neighborhood (based on population density) located in Jackson, Mississippi.

North Midtown / Millsaps College real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the North Midtown / Millsaps College 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 North Midtown / Millsaps College. The current real estate vacancy rate here is 17.9%. This is higher than the rate of vacancies in 83.6% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. 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 Jackson, the North Midtown / Millsaps College neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

An extraordinary 24.6% of the residents of the North Midtown / Millsaps College neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

In addition, the North Midtown / Millsaps College neighborhood stands out for having an average per capita income lower than 97.3% of the neighborhoods in the United States. The North Midtown / Millsaps College neighborhood also has a greater percentage of children living in poverty (61.5%) than found in 97.2% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

Also, there is an especially high percentage of incarcerated people (1.6%) living in the North Midtown / Millsaps College neighborhood.

Finally, the North Midtown / Millsaps College neighborhood stands out within Mississippi for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 8.9% of college-friendly places to live in MS.

Real Estate

Renter-occupied real estate is dominant in the North Midtown / Millsaps College neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 94.6%, which is higher than 97.9% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

In addition, the North Midtown / Millsaps College neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 86.3% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Diversity

Did you know that the North Midtown / Millsaps College neighborhood has more Sub-Saharan African and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.1% of this neighborhood's residents have Sub-Saharan African ancestry and 8.8% have African ancestry.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the North Midtown / Millsaps College neighborhood. In the North Midtown / Millsaps College neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

The Neighbors

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 North Midtown / Millsaps College neighborhood in Jackson are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.3% of U.S. neighborhoods. With 61.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.2% of U.S. neighborhoods.

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 North Midtown / Millsaps College neighborhood, 42.7% 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 27.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.8%), and 11.6% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the North Midtown / Millsaps College neighborhood is English, spoken by 95.2% of households.

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 North Midtown / Millsaps College neighborhood in Jackson, MS, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (15.1%). There are also a number of people of African ancestry (8.8%), and residents who report German roots (4.6%), and some of the residents are also of English ancestry (3.0%), along with some Irish ancestry residents (2.4%), among others.

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 North Midtown / Millsaps College neighborhood spend under 15 minutes commuting one-way to work (48.6% of working residents), one of the shortest commutes across America.

Here most residents (72.7%) 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 (9.2%) and 8.5% 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.


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