What do we mean by a neighborhood?
NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Angel Falls St / Alcott Ave median real estate price is $344,861, which is less expensive than 80.8% of Nevada neighborhoods and 54.0% of all U.S. neighborhoods.
The average rental price in Angel Falls St / Alcott Ave is currently $2,796, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.1% of the neighborhoods in Nevada.
Angel Falls St / Alcott Ave is a densely urban neighborhood (based on population density) located in Las Vegas, Nevada.
Angel Falls St / Alcott Ave real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Angel Falls St / Alcott Ave 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.
Angel Falls St / Alcott Ave has a 12.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.7% 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
NeighborhoodScout's exclusive research revealed that 95.8% of the adult residents in the Angel Falls St / Alcott Ave neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.8% of the neighborhoods in America.
Occupations
There are more people living in the Angel Falls St / Alcott Ave neighborhood employed as sales and service workers (58.4%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Real Estate
The Angel Falls St / Alcott Ave neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.5% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 97.1% of all neighborhoods in America.
In addition, most neighborhoods are composed of a mixture of ages of homes, but the Angel Falls St / Alcott Ave stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 81.5% of the residential real estate here was built in this one time period.
Diversity
Did you know that the Angel Falls St / Alcott Ave neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 59.5% of this neighborhood's residents have Mexican ancestry.
Angel Falls St / Alcott Ave is also pretty special linguistically. Significantly, 0.7% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 98.3% 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 Angel Falls St / Alcott Ave neighborhood in Las Vegas are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 49.8% of the neighborhoods in America. With 26.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.5% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Angel Falls St / Alcott Ave neighborhood, 41.6% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.6%), and 16.5% in executive, management, and professional occupations.
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 Angel Falls St / Alcott Ave neighborhood is Spanish, spoken by 60.1% of households. Other important languages spoken here include English, Tagalog (the first language of the Philippine region) and Italian.
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 Angel Falls St / Alcott Ave neighborhood in Las Vegas, NV, residents most commonly identify their ethnicity or ancestry as Mexican (59.5%). There are also a number of people of English ancestry (7.7%), and residents who report Asian roots (6.0%), and some of the residents are also of German ancestry (4.8%), along with some Irish ancestry residents (3.0%), among others. In addition, 35.4% of the residents of this neighborhood were born in another country.
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 Angel Falls St / Alcott Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (48.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (72.9%) 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 (22.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
