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: People
The Michoud neighborhood stands out for having an
average per capita income lower than 98.7% of the neighborhoods
in the United States.
The Michoud neighborhood also has a greater percentage
of children living in poverty (87.4%) than found in
99.7% 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.
In addition, neighborhoodScout's exclusive research revealed that 94.8%
of the adult residents in the Michoud neighborhood do
not have a 4-year college degree, which is a lower rate of college graduated
adults than found in 95.7% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
More people ride the bus in this neighborhood each day to get to work
than 99.3% of U.S. neighborhoods.
Also, more people in Michoud choose to walk to work each day
(15.6%) than almost any neighborhood in America. If you are
attracted to the idea of being able to walk to work, this neighborhood
could be a good choice.
Notable & Unique: Occupations
With 4.0% of employed workers living in the
Michoud neighborhood active in the military, this neighborhood has
the distinction of having a higher proportion of people in the military
than 98.7% of American neighborhoods. This is a major
shaper of the neighborhood's culture and character.
Furthermore, it used to be that most Americans lived on the farm, or otherwise made their
living from the land, the forests, or the sea. With global trade and an
economy increasingly based on providing services to one another, fewer
people farm, fish or harvest timber now than at any time in American history.
But according to NeighborhoodScout's leading analysis, the
Michoud neighborhood stands apart from most American neighborhood due
to the proportion of its residents still working in these fields. With 4.8%
of the workforce so employed, this neighborhood has a greater concentration
of such workers than 96.3% of U.S. neighborhoods.
Notable & Unique: Migration / Stability
The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
In the Michoud neighborhood, a greater proportion of
the residents living here today did not live here five years ago than is
found in 97.8% of U.S. Neighborhoods. This neighborhood,
more than almost any other in America, has new residents from other areas.
Notable & Unique: Car Ownership
American households most often have a car, and regularly they have two or
three. But households in the Michoud neighborhood buck
30.2% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
96.8% of U.S. neighborhoods.
Notable & Unique: Real Estate
In addition, 90.3% of the real estate in the Michoud neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. Despite all of the residential real estate here in the Michoud neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 33.2%, which is higher than 95.4% of all U.S. neighborhoods.
Furthermore, the Michoud neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 82.5% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.