New Iberia East median real estate price is $231,414, which is more expensive than 49.8% of the neighborhoods in Louisiana and 27.1% of the neighborhoods in the U.S.
The average rental price in New Iberia East is currently $1,185, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.0% of Louisiana neighborhoods.
New Iberia East is a suburban neighborhood (based on population density) located in New Iberia, Louisiana.
New Iberia East 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 single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the New Iberia East 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.
New Iberia East has a 10.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.5% 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.
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.
Our research shows that more people carpool to work here in the New Iberia East (22.9%) than in 95.8% of the neighborhoods in America.
Did you know that the New Iberia East neighborhood has more African and French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.0% of this neighborhood's residents have African ancestry and 6.7% have French ancestry.
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 New Iberia East neighborhood in New Iberia are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.7% of U.S. neighborhoods. With 27.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.2% 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 New Iberia East neighborhood, 36.8% 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 34.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.5%), and 9.6% in executive, management, and professional occupations.
The most common language spoken in the New Iberia East neighborhood is English, spoken by 95.4% of households. Some people also speak Spanish (2.4%).
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 New Iberia East neighborhood in New Iberia, LA, residents most commonly identify their ethnicity or ancestry as Irish (11.2%). There are also a number of people of Sub-Saharan African ancestry (9.0%), and residents who report African roots (9.0%), and some of the residents are also of French ancestry (6.7%), along with some German ancestry residents (2.7%), among others.
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 New Iberia East neighborhood spend under 15 minutes commuting one-way to work (54.2% of working residents), one of the shortest commutes across America.
Here most residents (71.5%) 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 (22.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.