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Real Estate Prices & Overview

Industrial median real estate price is $181,543, which is more expensive than 57.5% of the neighborhoods in Mississippi and 22.1% of the neighborhoods in the U.S.

The average rental price in Industrial is currently $1,684, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 78.7% of the neighborhoods in Mississippi.

Industrial is a rural neighborhood (based on population density) located in Picayune, Mississippi.

Industrial 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 owner occupied. Many of the residences in the Industrial 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.

Industrial has a 11.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.8% 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

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.

People

In a nation where 1 out of every 4 children lives in poverty, the Industrial neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Modes of Transportation

In the Industrial neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 24.5% of commuters carpool here, which is more than in 96.9% of all U.S. neighborhoods.

Occupations

NeighborhoodScout's exclusive research identifies the Industrial neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 41.6% of its working residents employed in such fields, which is a higher proportion than 95.1% of American neighborhoods.

Diversity

Did you know that the Industrial neighborhood has more French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.5% of this neighborhood's residents have French ancestry.

Industrial is also pretty special linguistically. Significantly, 6.8% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 95.7% of the neighborhoods in America.

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 Industrial neighborhood in Picayune are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 82.3% of U.S. neighborhoods. In addition, 0.0% 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 100.0% of America'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 Industrial neighborhood, 41.6% 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 27.8% of the residents employed. Other residents here are employed in executive, management, and professional occupations (27.5%), and 3.3% in government jobs, whether they are in local, state, or federal positions.

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 Industrial neighborhood is English, spoken by 94.0% of households. Other important languages spoken here include Italian and Spanish.

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 Industrial neighborhood in Picayune, MS, residents most commonly identify their ethnicity or ancestry as German (14.3%). There are also a number of people of English ancestry (13.2%), and residents who report Irish roots (11.4%), and some of the residents are also of Italian ancestry (7.7%), along with some French ancestry residents (7.5%), 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 Industrial neighborhood spend between 45 minutes and one hour commuting one-way to work (39.6% of working residents), longer and tougher than most commutes in America.

Here most residents (68.0%) 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 (24.5%) . 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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