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Real Estate Prices & Overview

Palmers Crossing median real estate price is $270,318, which is more expensive than 65.1% of the neighborhoods in Mississippi and 35.0% of the neighborhoods in the U.S.

The average rental price in Palmers Crossing is currently $1,277, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.0% of Mississippi neighborhoods.

Palmers Crossing is a rural neighborhood (based on population density) located in Hattiesburg, Mississippi.

Palmers Crossing 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 Palmers Crossing neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Palmers Crossing has a 10.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.6% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

Of particular note, 4.1% of the people in the Palmers Crossing neighborhood currently reside in a correction facility, held due to punishment for a crime.

In addition, of note, 58.3% 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.

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 Palmers Crossing neighborhood in Hattiesburg are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 93.3% of U.S. neighborhoods. With 58.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.5% 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 Palmers Crossing neighborhood, 33.9% 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 26.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.4%), and 19.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Palmers Crossing neighborhood is English, spoken by 96.8% of households. Some people also speak Spanish (2.3%).

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 Palmers Crossing neighborhood in Hattiesburg, MS, residents most commonly identify their ethnicity or ancestry as Irish (12.2%). There are also a number of people of German ancestry (9.4%), and residents who report English roots (4.2%), and some of the residents are also of Mexican ancestry (2.3%), along with some Scots-Irish ancestry residents (1.9%), 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 Palmers Crossing neighborhood spend under 15 minutes commuting one-way to work (42.1% of working residents), one of the shortest commutes across America.

Here most residents (77.3%) 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 (20.0%) . 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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