Olive Branch Northwest median real estate price is $301,048, which is more expensive than 85.3% of the neighborhoods in Mississippi and 46.0% of the neighborhoods in the U.S.
The average rental price in Olive Branch Northwest is currently $3,694, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.8% of the neighborhoods in Mississippi.
Olive Branch Northwest is a suburban neighborhood (based on population density) located in Olive Branch, Mississippi.
Olive Branch Northwest real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Olive Branch Northwest neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Olive Branch Northwest, the current vacancy rate is 2.9%, which is a lower rate of vacancies than 81.8% of all neighborhoods in the U.S. This means that the housing supply in Olive Branch Northwest is very tight compared to the demand for property here.
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.
Some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Olive Branch Northwest neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 96.7% of all American neighborhoods.
The Olive Branch Northwest neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 94.9% of Mississippi neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state.
Did you know that the Olive Branch Northwest neighborhood has more Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.3% of this neighborhood's residents have Scots-Irish ancestry.
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 Olive Branch Northwest neighborhood in Olive Branch are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 71.2% of the neighborhoods in America. In addition, 8.9% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 54.1% of America'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 Olive Branch Northwest neighborhood, 38.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 21.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.3%), and 19.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Olive Branch Northwest neighborhood is English, spoken by 96.0% of households. Some people also speak Spanish (2.5%).
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 Olive Branch Northwest neighborhood in Olive Branch, MS, residents most commonly identify their ethnicity or ancestry as English (6.6%). There are also a number of people of German ancestry (4.7%), and residents who report Irish roots (3.4%), and some of the residents are also of Scots-Irish ancestry (3.3%), along with some Mexican ancestry residents (3.1%), among others.
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 Olive Branch Northwest neighborhood spend between 15 and 30 minutes commuting one-way to work (43.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (87.4%) 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 (7.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.