Real Estate Prices and Overview
Louetta median real estate prices are $161,290, which is more expensive than 73.7% of the neighborhoods
in Texas and 50.2% of the
neighborhoods in the U.S.
Average rental prices in Louetta are currently
$1,711, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.1%
of the neighborhoods in Texas.
Louetta is an urban neighborhood (based on population
density) located in Spring, Texas.
Louetta 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 Louetta 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 Louetta, the current vacancy rate is 1.6%,
which is a lower rate of vacancies than 93.6% of all neighborhoods
in the U.S. This means that the housing supply in Louetta
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 Louetta neighborhood has more
Swiss ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 0.9% of
this neighborhood's residents have Swiss ancestry.
Louetta is also pretty special linguistically. Significantly, 1.8% of its residents five years old and above primarily
speak Gujarati, which is native to the Indian state of Gujarat, at home. While this may seem like a small percentage, it is higher
than 98.4% of the neighborhoods in America.
Notable & Unique: People
The Louetta neighborhood is a great option for families,
as revealed by NeighborhoodScout's research on this neighborhood. The
combination of top public schools, low crime rates, and owner-occupied
single family homes, make this neighborhood among the top
5.9% of family-friendly neighborhoods in the
state of Texas. Many other families also live here, making
it easy to socialize and develop a sense of community. In addition,
families here highly value education, as is reflected by the strength of
the local schools.
In addition to being an excellent choice for families with school-aged children, this
neighborhood is also a very good choice for college students , urban sophisticates and highly educated executives.
Notable & Unique: Real Estate
In addition, this Louetta neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 99.0% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 98.2% of all neighborhoods in America.
Furthermore, one way that the Louetta neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.1% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Also of note, most neighborhoods are composed of a mixture of ages of homes, but the Louetta stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 83.0% of the residential real estate here was built in this one time period.
The Neighbors: Income
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 Louetta neighborhood in Spring 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 90.6% of the neighborhoods in America.
In addition, 4.1% 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 78.4%
of America's neighborhoods.
The Neighbors: Occupations
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 Louetta neighborhood, 40.4%
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 28.0% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(16.9%), and 14.3% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents,
our houses of worship, and much of our culture – our learned behavior - comes
from our ancestors. That is why ancestry and ethnicity can be so interesting
and important to understand: places with concentrations of people of one or
more ancestries often express those shared learned behaviors and this gives
each neighborhood its own culture. Even different neighborhoods in the same
city can have drastically different cultures.
In the Louetta neighborhood in Spring, TX, residents
most commonly identify their ethnicity or ancestry as German
(18.6%). There are also a number of people of Asian ancestry (11.8%) , and residents who report Mexican roots (11.0%) , and some of the residents are also of English ancestry (10.0%) , along with some Irish ancestry residents (10.0%), among others. In addition, 13.7% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The languages spoken by people in this neighborhood are diverse. These are
tabulated as the languages people preferentially speak when they are
at home with their families.
The most common language spoken in the Louetta
neighborhood is English, spoken by 75.1% of households. Other important languages spoken here include Spanish, Chinese and South Asian languages.
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 Louetta neighborhood spend
between 15 and 30 minutes commuting one-way to work (29.6% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (91.2%) 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 (5.7%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.