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Real Estate Prices & Overview

City Center / Wells median real estate price is $141,406, which is more expensive than 43.6% of the neighborhoods in Mississippi and 13.8% of the neighborhoods in the U.S.

The average rental price in City Center / Wells is currently $1,908, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.6% of the neighborhoods in Mississippi.

City Center / Wells is a rural neighborhood (based on population density) located in Flowood, Mississippi.

City Center / Wells real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center / Wells 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.

In City Center / Wells, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 83.6% of all neighborhoods in the U.S. This means that the housing supply in City Center / Wells is very tight compared to the demand for property here.

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 Flowood, the City Center / Wells neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research reveals that 96.9% of commuters who live in the City Center / Wells neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 99.7% of U.S. neighborhoods.

People

Of particular note, 5.8% of the people in the City Center / Wells neighborhood currently reside in a correction facility, held due to punishment for a crime.

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 City Center / Wells neighborhood in Flowood are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 67.9% of U.S. neighborhoods. With 42.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.4% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the City Center / Wells neighborhood, 40.9% 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 30.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.4%), and 11.5% 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 City Center / Wells neighborhood is English, spoken by 88.6% of households. Other important languages spoken here include Spanish and Chinese.

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 City Center / Wells neighborhood in Flowood, MS, residents most commonly identify their ethnicity or ancestry as Asian (5.6%). There are also a number of people of German ancestry (4.4%), and residents who report English roots (3.7%), and some of the residents are also of Irish ancestry (2.7%), along with some Mexican ancestry residents (2.1%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in City Center / Wells neighborhood spend between 15 and 30 minutes commuting one-way to work (52.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (96.9%) drive alone in a private automobile to get to work. 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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