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Real Estate Prices & Overview

Karen Ave / S Marion St median real estate price is $11,555, which is less expensive than 99.7% of Nevada neighborhoods and 99.9% of all U.S. neighborhoods.

The average rental price in Karen Ave / S Marion St is currently $1,725, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.4% of Nevada neighborhoods.

Karen Ave / S Marion St is a densely urban neighborhood (based on population density) located in Las Vegas, Nevada.

Karen Ave / S Marion St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) mobile homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Karen Ave / S Marion St 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 Karen Ave / S Marion St. The current real estate vacancy rate here is 25.1%. This is higher than the rate of vacancies in 92.0% 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.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Karen Ave / S Marion St neighborhood has more single mother households than 99.8% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

In addition, one of the unique characteristics of the Karen Ave / S Marion St neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 97.0% of the neighborhoods in America.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Karen Ave / S Marion St neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.6% of all American neighborhoods.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Karen Ave / S Marion St neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 31.1% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 95.1% of America's neighborhoods.

In addition, most neighborhoods are composed of a mixture of ages of homes, but the Karen Ave / S Marion St 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, 85.8% of the residential real estate here was built in this one time period.

Diversity

Did you know that the Karen Ave / S Marion St neighborhood has more African and French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.0% of this neighborhood's residents have African ancestry and 13.5% have French ancestry.

The Neighbors

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 Karen Ave / S Marion St neighborhood in Las Vegas are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.0% of U.S. neighborhoods. With 46.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.7% 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 Karen Ave / S Marion St neighborhood, 52.1% 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 clerical, assistant, and tech support occupations, with 23.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.2%), and 6.6% in executive, management, and professional occupations.

Languages

The most common language spoken in the Karen Ave / S Marion St neighborhood is English, spoken by 85.6% of households. Some people also speak Spanish (14.1%).

Ethnicity / Ancestry

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 Karen Ave / S Marion St neighborhood in Las Vegas, NV, residents most commonly identify their ethnicity or ancestry as Mexican (17.5%). There are also a number of people of Sub-Saharan African ancestry (16.0%), and residents who report African roots (16.0%), and some of the residents are also of French ancestry (13.5%), along with some English ancestry residents (8.8%), among others. In addition, 14.4% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Karen Ave / S Marion St neighborhood spend between 30 and 45 minutes commuting one-way to work (63.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (78.3%) 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 (12.6%) . 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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