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Real Estate Prices & Overview

Hwy 82 E / S Colorado St median real estate price is $67,941, which is less expensive than 91.6% of Mississippi neighborhoods and 97.7% of all U.S. neighborhoods.

The average rental price in Hwy 82 E / S Colorado St is currently $1,261, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.4% of Mississippi neighborhoods.

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

Hwy 82 E / S Colorado St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Hwy 82 E / S Colorado 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 / S Colorado St. The current real estate vacancy rate here is 27.6%. This is higher than the rate of vacancies in 93.1% 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 / S Colorado St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Hwy 82 E / S Colorado St neighborhood stands out for having an average per capita income lower than 97.9% of the neighborhoods in the United States. The Hwy 82 E / S Colorado St neighborhood also has a greater percentage of children living in poverty (75.4%) than found in 99.1% 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.

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 / S Colorado 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 97.9% of U.S. neighborhoods. With 75.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.1% 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 / S Colorado St neighborhood, 36.5% 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 28.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.8%), and 14.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Hwy 82 E / S Colorado St neighborhood is English, spoken by 97.7% of households.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Hwy 82 E / S Colorado St neighborhood in Greenville, MS, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (5.2%). There are also a number of people of African ancestry (5.2%).

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 / S Colorado St neighborhood spend under 15 minutes commuting one-way to work (56.9% of working residents), one of the shortest commutes across America.

Here most residents (87.5%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (6.9%) . 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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