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Real Estate Prices & Overview

Hwy 82 E / 1st St median real estate price is $38,145, which is less expensive than 98.5% of Mississippi neighborhoods and 99.4% of all U.S. neighborhoods.

The average rental price in Hwy 82 E / 1st St is currently $1,433, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.7% of Mississippi neighborhoods.

Hwy 82 E / 1st St is a suburban neighborhood (based on population density) located in Greenville, Mississippi.

Hwy 82 E / 1st St 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 occupied by a mixture of owners and renters. Many of the residences in the Hwy 82 E / 1st St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Hwy 82 E / 1st St. The current real estate vacancy rate here is 32.0%. This is higher than the rate of vacancies in 95.5% 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 Greenville, the Hwy 82 E / 1st St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

In the Hwy 82 E / 1st St neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 40.7% of commuters carpool here, which is more than in 99.8% of all U.S. neighborhoods.

People

The Hwy 82 E / 1st St neighborhood stands out for having an average per capita income lower than 98.6% of the neighborhoods in the United States. Also of note, 82.2% 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.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Hwy 82 E / 1st St neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 40.7% of the households here have four, five, or more cars. That is more cars per household than in 98.4% of the neighborhoods in the nation.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Hwy 82 E / 1st St neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Hwy 82 E / 1st St neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 14.4% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 98.4% of all neighborhoods in America.

Occupations

Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Hwy 82 E / 1st St neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 96.5% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

Real Estate

Despite all of the residential real estate here in the Hwy 82 E / 1st St 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 32.0%, which is higher than 95.5% of all U.S. neighborhoods.

Diversity

Did you know that the Hwy 82 E / 1st St neighborhood has more African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.7% of this neighborhood's residents have African 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 Hwy 82 E / 1st St neighborhood in Greenville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.6% of U.S. neighborhoods. With 82.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.5% 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 Hwy 82 E / 1st St neighborhood, 38.8% of the working population is employed in manufacturing and laborer 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 33.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.5%), and 8.5% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Hwy 82 E / 1st St neighborhood is English, spoken by 97.4% of households. Some people also speak Spanish (2.6%).

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 Hwy 82 E / 1st St neighborhood in Greenville, MS, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (5.7%). There are also a number of people of African ancestry (5.7%), and residents who report Asian roots (2.1%).

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 Hwy 82 E / 1st St neighborhood spend under 15 minutes commuting one-way to work (50.0% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (14.4%) who commute over an hour in each direction.

Here most residents (53.7%) 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 (40.7%) . 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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