Real Estate Prices and Overview
S Martin Luther King Blvd / Alta Dr median real estate prices are $105,007, which is less expensive than 84.5% of Nevada neighborhoods
and 73.5% of all U.S. neighborhoods.
Average rental prices in S Martin Luther King Blvd / Alta Dr are currently
$825, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 88.2% of Nevada neighborhoods.
S Martin Luther King Blvd / Alta Dr is a suburban neighborhood (based on population
density) located in Las Vegas, Nevada.
S Martin Luther King Blvd / Alta Dr 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 S Martin Luther King Blvd / Alta Dr neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in
S Martin Luther King Blvd / Alta Dr. The current real estate vacancy rate here is 26.6%.
This is higher than the rate of vacancies in 92.0% 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 Las Vegas,
the S Martin Luther King Blvd / Alta Dr neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the S Martin Luther King Blvd / Alta Dr neighborhood has more
African ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 4.1% of
this neighborhood's residents have African ancestry.
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 S Martin Luther King Blvd / Alta Dr neighborhood in Las Vegas are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 73.9% of U.S. neighborhoods.
With 40.6% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 84.3%
of U.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 S Martin Luther King Blvd / Alta Dr neighborhood, 38.7%
of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is
manufacturing and laborer occupations, with 27.2% of the residents employed.
Other residents here are employed in executive, management, and professional occupations
(19.5%), and 14.6% in clerical, assistant, and tech support 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 S Martin Luther King Blvd / Alta Dr neighborhood in Las Vegas, NV, residents
most commonly identify their ethnicity or ancestry as Mexican
(27.3%). There are also a number of people of Asian ancestry (7.6%) , and residents who report Sub-Saharan African roots (4.1%) , and some of the residents are also of African ancestry (4.1%) , along with some German ancestry residents (3.6%), among others. In addition, 19.4% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The most common language spoken in the S Martin Luther King Blvd / Alta Dr
neighborhood is English, spoken by 62.3% of households. Some people also speak Spanish (33.7%).
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 S Martin Luther King Blvd / Alta Dr neighborhood spend
between 15 and 30 minutes commuting one-way to work (49.8% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (65.7%) 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 (14.6%) and 11.1% 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.