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Real Estate Prices & Overview

Ashland / Lorman median real estate price is $94,427, which is less expensive than 83.1% of Mississippi neighborhoods and 95.6% of all U.S. neighborhoods.

The average rental price in Ashland / Lorman is currently $625, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.1% of Mississippi neighborhoods.

Ashland / Lorman is a remote neighborhood (based on population density) located in Fayette, Mississippi.

Ashland / Lorman real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Ashland / Lorman 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 Ashland / Lorman. The current real estate vacancy rate here is 23.7%. This is higher than the rate of vacancies in 90.8% 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.

People

One of the unique characteristics of the Ashland / Lorman neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.4% of the neighborhoods in America. Also of note, 74.2% 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, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Ashland / Lorman neighborhood has more single mother households than 99.1% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Also, if you are planning to retire in Mississippi, this neighborhood should be on your must-see list. For many reasons, Ashland / Lorman may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Mississippi, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 96.3% of neighborhoods in MS. If a Mississippi retirement is in your future, this neighborhood should be one of the places you visit.

Modes of Transportation

While most Americans do drive to work alone each day, the Ashland / Lorman neighborhood stands out by having 91.7% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 98.0% of all American neighborhoods.

Real Estate

Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 14 residents per square mile, Ashland / Lorman is less crowded than 96.0% of all U.S. neighborhoods.

Occupations

NeighborhoodScout's exclusive research identifies the Ashland / Lorman neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 42.0% of its working residents employed in such fields, which is a higher proportion than 95.3% of American neighborhoods.

Diversity

Did you know that the Ashland / Lorman neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.0% of this neighborhood's residents have Cuban ancestry.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the Ashland / Lorman neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.1% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Ashland / Lorman neighborhood in Fayette are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.4% of U.S. neighborhoods. With 74.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.9% 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 Ashland / Lorman neighborhood, 42.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 30.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.0%), and 7.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Ashland / Lorman neighborhood is English, spoken by 98.6% of households.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Ashland / Lorman neighborhood in Fayette, MS, residents most commonly identify their ethnicity or ancestry as Cuban (8.0%). There are also a number of people of English ancestry (2.3%).

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 Ashland / Lorman neighborhood spend under 15 minutes commuting one-way to work (38.0% of working residents), one of the shortest commutes across America.

Here most residents (91.7%) 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 (8.3%) . 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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