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Real Estate Prices & Overview

Letohatchee median real estate price is $211,806, which is more expensive than 50.1% of the neighborhoods in Alabama and 25.8% of the neighborhoods in the U.S.

The average rental price in Letohatchee is currently $1,195, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.5% of Alabama neighborhoods.

Letohatchee is a remote neighborhood (based on population density) located in Hayneville, Alabama.

Letohatchee real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Letohatchee 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 Letohatchee. The current real estate vacancy rate here is 18.0%. This is higher than the rate of vacancies in 83.8% 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.

Occupations

Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Letohatchee neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 98.0% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

People

Of particular note, 3.7% of the people in the Letohatchee neighborhood currently reside in a correction facility, held due to punishment for a crime.

In addition, if you're nearing retirement age, or in retirement, the Letohatchee is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 5.8% of retiree-friendly neighborhoods in Alabama, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Alabama.

Real Estate

Unpopulated, and rural, the Letohatchee neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 94.4% of the neighborhoods in America.

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 Letohatchee neighborhood in Hayneville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 91.9% of U.S. neighborhoods. With 18.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.9% 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 Letohatchee neighborhood, 40.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 21.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.6%), and 11.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Letohatchee neighborhood is English, spoken by 99.9% 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 Letohatchee neighborhood in Hayneville, AL, residents most commonly identify their ethnicity or ancestry as English (9.4%). There are also a number of people of Sub-Saharan African ancestry (2.0%), and residents who report African roots (2.0%), and some of the residents are also of Irish ancestry (1.2%).

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 Letohatchee neighborhood spend between 15 and 30 minutes commuting one-way to work (28.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (78.7%) 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 (10.3%) and 5.8% 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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