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Real Estate Prices & Overview

W 16th St / L Ave median real estate price is $115,928, which is less expensive than 89.9% of Texas neighborhoods and 92.4% of all U.S. neighborhoods.

The average rental price in W 16th St / L Ave is currently $1,979, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 64.4% of the neighborhoods in Texas.

W 16th St / L Ave is a rural neighborhood (based on population density) located in Odessa, Texas.

W 16th St / L Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) mobile homes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the W 16th St / L Ave 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.

Vacant apartments or homes are a major fact of life in W 16th St / L Ave. The current real estate vacancy rate here is 21.4%. This is higher than the rate of vacancies in 88.5% 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

The W 16th St / L Ave neighborhood stands out for having the majority of its residential real estate made up of mobile homes. In fact, 57.2% of the occupied real estate here are mobile homes, which is a greater proportion than is found in 99.5% of the neighborhoods in the U.S. If you like mobile homes, this might be a great neighborhood in which to look for real estate.

Modes of Transportation

While most Americans do drive to work alone each day, the W 16th St / L Ave neighborhood stands out by having 89.8% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 96.1% of all American neighborhoods.

Occupations

More people work in manufacturing and as laborers here in the W 16th St / L Ave neighborhood than in 95.9% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the W 16th St / L Ave neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.0% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

Diversity

Did you know that the W 16th St / L Ave neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 55.5% of this neighborhood's residents have Mexican ancestry.

W 16th St / L Ave is also pretty special linguistically. Significantly, 63.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.4% of all U.S. neighborhoods.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the W 16th St / L Ave neighborhood in Odessa are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 86.2% of U.S. neighborhoods. With 36.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.6% 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 W 16th St / L Ave neighborhood, 42.8% of the working population is employed in manufacturing and laborer 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 33.8% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.5%), and 6.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the W 16th St / L Ave neighborhood is Spanish, spoken by 63.6% of households. Some people also speak English (35.6%).

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 W 16th St / L Ave neighborhood in Odessa, TX, residents most commonly identify their ethnicity or ancestry as Mexican (55.5%). There are also a number of people of Irish ancestry (4.0%), and residents who report German roots (1.8%), and some of the residents are also of French ancestry (1.5%). In addition, 25.3% of the residents of this neighborhood were born in another country.

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 W 16th St / L Ave neighborhood spend under 15 minutes commuting one-way to work (40.1% of working residents), one of the shortest commutes across America.

Here most residents (89.8%) 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 (10.2%) . 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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