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Real Estate Prices & Overview

East Lincoln / Fair Oak Springs median real estate price is $209,576, which is more expensive than 62.4% of the neighborhoods in Mississippi and 25.5% of the neighborhoods in the U.S.

The average rental price in East Lincoln / Fair Oak Springs is currently $1,384, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 52.6% of Mississippi neighborhoods.

East Lincoln / Fair Oak Springs is a remote neighborhood (based on population density) located in Brookhaven, Mississippi.

East Lincoln / Fair Oak Springs 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 East Lincoln / Fair Oak Springs 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 East Lincoln / Fair Oak Springs. The current real estate vacancy rate here is 22.3%. This is higher than the rate of vacancies in 89.5% 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

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 Brookhaven, the East Lincoln / Fair Oak Springs neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the East Lincoln / Fair Oak Springs neighborhood has more Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.0% of this neighborhood's residents have Scots-Irish ancestry.

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 East Lincoln / Fair Oak Springs neighborhood in Brookhaven are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 74.7% of U.S. neighborhoods. In addition, 8.0% 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 56.0% of America'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 East Lincoln / Fair Oak Springs neighborhood, 63.7% 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 19.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (8.9%), and 7.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the East Lincoln / Fair Oak Springs neighborhood is English, spoken by 99.4% of households.

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 East Lincoln / Fair Oak Springs neighborhood in Brookhaven, MS, residents most commonly identify their ethnicity or ancestry as Scots-Irish (20.0%). There are also a number of people of Irish ancestry (4.7%), and residents who report English roots (3.6%), and some of the residents are also of German ancestry (2.2%), along with some British ancestry residents (1.9%), 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 East Lincoln / Fair Oak Springs neighborhood spend between 45 minutes and one hour commuting one-way to work (32.3% of working residents), longer and tougher than most commutes in America.

Here most residents (82.0%) 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 (12.3%) and 5.7% 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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