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Real Estate Prices & Overview

Millhaven Rd / Texas Ave median real estate price is $34,395, which is less expensive than 99.0% of Louisiana neighborhoods and 99.6% of all U.S. neighborhoods.

The average rental price in Millhaven Rd / Texas Ave is currently $936, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 92.3% of Louisiana neighborhoods.

Millhaven Rd / Texas Ave is a suburban neighborhood (based on population density) located in Monroe, Louisiana.

Millhaven Rd / Texas Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Millhaven Rd / Texas Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Millhaven Rd / Texas Ave has a 13.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.3% 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

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Millhaven Rd / Texas Ave neighborhood has more single mother households than 99.9% 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 Millhaven Rd / Texas Ave neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.9% of the neighborhoods in America. The Millhaven Rd / Texas Ave neighborhood also has a greater percentage of children living in poverty (77.4%) than found in 99.2% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

Occupations

There are more people living in the Millhaven Rd / Texas Ave neighborhood employed as sales and service workers (50.1%) 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.

Modes of Transportation

More people in Millhaven Rd / Texas Ave choose to walk to work each day (18.2%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Millhaven Rd / Texas Ave neighborhood have a highly unusual car ownership. 28.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.0% of U.S. 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 Millhaven Rd / Texas Ave 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, 35.8% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.2% of America's neighborhoods.

Diversity

Significantly, 2.1% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 96.6% 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 Millhaven Rd / Texas Ave neighborhood in Monroe are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.9% of U.S. neighborhoods. With 77.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.2% of U.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 Millhaven Rd / Texas Ave neighborhood, 49.9% 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 33.5% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (10.7%), and 8.8% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Millhaven Rd / Texas Ave neighborhood is English, spoken by 97.9% of households. Some people also speak German/Yiddish (2.1%).

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 Millhaven Rd / Texas Ave neighborhood in Monroe, LA, residents most commonly identify their ethnicity or ancestry as German (0.1%).

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 Millhaven Rd / Texas Ave neighborhood spend under 15 minutes commuting one-way to work (48.8% of working residents), one of the shortest commutes across America.

Here most residents (53.5%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (18.2%) and 17.4% of residents also carpool with coworkers, friends, or neighbors 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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