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Real Estate Prices & Overview

Paradise Northeast median real estate price is $219,177, which is less expensive than 91.8% of Nevada neighborhoods and 73.4% of all U.S. neighborhoods.

The average rental price in Paradise Northeast is currently $1,829, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 68.6% of Nevada neighborhoods.

Paradise Northeast is a densely urban neighborhood (based on population density) located in Las Vegas, Nevada.

Paradise Northeast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Paradise Northeast 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.

Vacant apartments or homes are a major fact of life in Paradise Northeast. The current real estate vacancy rate here is 56.8%. This is higher than the rate of vacancies in 99.2% 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

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.

Real Estate

Despite all of the residential real estate here in the Paradise Northeast neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 56.8%, which is higher than 99.2% of all U.S. neighborhoods.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Paradise Northeast neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.8% of all American neighborhoods.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 95.5% of U.S. neighborhoods.

Diversity

Did you know that the Paradise Northeast neighborhood has more Cuban and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.3% of this neighborhood's residents have Cuban ancestry and 13.1% have Sub-Saharan African ancestry.

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 Paradise Northeast neighborhood in Las Vegas are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 80.3% of U.S. neighborhoods. With 33.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 84.6% 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 Paradise Northeast neighborhood, 40.5% 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 36.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.1%), and 11.3% in executive, management, and professional occupations.

Languages

The most common language spoken in the Paradise Northeast neighborhood is English, spoken by 70.0% of households. Some people also speak Spanish (25.1%).

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 Paradise Northeast neighborhood in Las Vegas, NV, residents most commonly identify their ethnicity or ancestry as Mexican (22.7%). There are also a number of people of Sub-Saharan African ancestry (13.1%), and residents who report English roots (5.7%), and some of the residents are also of Cuban ancestry (5.3%), along with some Italian ancestry residents (5.0%), among others. In addition, 18.5% 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 Paradise Northeast neighborhood spend between 15 and 30 minutes commuting one-way to work (53.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (64.5%) 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%) and 11.2% of residents also ride the bus for their daily commute. 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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