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Real Estate Prices & Overview

Downtown Alexandria median real estate price is $49,522, which is less expensive than 93.7% of Louisiana neighborhoods and 96.9% of all U.S. neighborhoods.

The average rental price in Downtown Alexandria is currently $924, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 91.5% of Louisiana neighborhoods.

Downtown Alexandria is a suburban neighborhood (based on population density) located in Alexandria, Louisiana.

Downtown Alexandria real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Downtown Alexandria 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 Downtown Alexandria. The current real estate vacancy rate here is 25.5%. This is higher than the rate of vacancies in 92.2% 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

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 get around.

People

The Downtown Alexandria neighborhood stands out for having an average per capita income lower than 99.1% of the neighborhoods in the United States. Also of note, 82.3% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, of particular note, 10.4% of the people in the Downtown Alexandria neighborhood currently reside in a correction facility, held due to punishment for a crime.

Also, neighborhoodScout's exclusive research revealed that 94.7% of the adult residents in the Downtown Alexandria neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.9% of the neighborhoods in America.

Occupations

There are more people living in the Downtown Alexandria neighborhood employed as sales and service workers (53.9%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.4% of residents in the Downtown Alexandria neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 96.5% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, our research revealed that more commuters here take the bus to work (10.6% ride the bus) than 95.1% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

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 Downtown Alexandria neighborhood in Alexandria are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.1% of U.S. neighborhoods. With 82.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.5% 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 Downtown Alexandria neighborhood, 46.1% 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 39.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.9%), and 6.4% in executive, management, and professional occupations.

Languages

The most common language spoken in the Downtown Alexandria neighborhood is English, spoken by 97.6% 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 Downtown Alexandria neighborhood in Alexandria, LA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (3.4%). There are also a number of people of African ancestry (3.4%), and residents who report Irish roots (2.5%), and some of the residents are also of Asian ancestry (2.2%), along with some English ancestry residents (1.4%), 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 Downtown Alexandria neighborhood spend under 15 minutes commuting one-way to work (48.2% of working residents), one of the shortest commutes across America.

Here most residents (64.3%) 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 (19.1%) and 10.6% of residents also ride the bus 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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