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Real Estate Prices & Overview

New Iberia West median real estate price is $136,583, which is less expensive than 75.6% of Louisiana neighborhoods and 88.4% of all U.S. neighborhoods.

The average rental price in New Iberia West is currently $994, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.6% of Louisiana neighborhoods.

New Iberia West is an urban neighborhood (based on population density) located in New Iberia, Louisiana.

New Iberia West 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 occupied by a mixture of owners and renters. Many of the residences in the New Iberia West neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

New Iberia West has a 11.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 New Iberia, the New Iberia West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Single parenting is hard. But you don't have to tell the New Iberia West neighborhood about it; they already know. 33.8% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.8% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

In addition, one of the unique characteristics of the New Iberia West neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.5% of the neighborhoods in America. The New Iberia West neighborhood also has a greater percentage of children living in poverty (65.8%) than found in 97.9% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

Occupations

There are more people living in the New Iberia West neighborhood employed as sales and service workers (46.7%) 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

Our research reveals that 89.5% of commuters who live in the New Iberia West neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 95.7% of U.S. neighborhoods.

Diversity

Did you know that the New Iberia West neighborhood has more Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.9% of this neighborhood's residents have Arab ancestry.

New Iberia West is also pretty special linguistically. Significantly, 3.5% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 97.3% 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 New Iberia West neighborhood in New Iberia are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.5% of U.S. neighborhoods. With 65.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.9% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the New Iberia West neighborhood, 53.3% 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 25.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (14.0%), and 7.3% in clerical, assistant, and tech support occupations.

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 New Iberia West neighborhood is English, spoken by 92.2% of households. Other important languages spoken here include French, Arabic and Italian.

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 New Iberia West neighborhood in New Iberia, LA, residents most commonly identify their ethnicity or ancestry as Arab (5.9%). There are also a number of people of French ancestry (2.7%), and residents who report Asian roots (2.6%), and some of the residents are also of German ancestry (1.1%).

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 New Iberia West neighborhood spend under 15 minutes commuting one-way to work (50.6% of working residents), one of the shortest commutes across America.

Here most residents (89.5%) 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 (9.3%) . 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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