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Real Estate Prices & Overview

Barnet Springs / Louisiana Tech University median real estate price is $183,510, which is more expensive than 38.0% of the neighborhoods in Louisiana and 18.1% of the neighborhoods in the U.S.

The average rental price in Barnet Springs / Louisiana Tech University is currently $1,161, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.4% of Louisiana neighborhoods.

Barnet Springs / Louisiana Tech University is a rural neighborhood (based on population density) located in Ruston, Louisiana.

Barnet Springs / Louisiana Tech University 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 Barnet Springs / Louisiana Tech University 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.

Home and apartment vacancy rates are 8.1% in Barnet Springs / Louisiana Tech University. NeighborhoodScout analysis shows that this rate is lower than 47.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Ruston, the Barnet Springs / Louisiana Tech University neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Barnet Springs / Louisiana Tech University neighborhood stands out for having an average per capita income lower than 97.6% of the neighborhoods in the United States. The Barnet Springs / Louisiana Tech University neighborhood also has a greater percentage of children living in poverty (78.3%) 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.

In addition, neighborhoodScout's analysis shows that the Barnet Springs / Louisiana Tech University neighborhood has a greater concentration of residents currently enrolled in college than 99.0% of the neighborhoods in the U.S. With 40.7% of the population here attending college, this is very much a college-focused neighborhood.

Occupations

There are more people living in the Barnet Springs / Louisiana Tech University neighborhood employed as sales and service workers (54.7%) 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.

Furthermore, it used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Barnet Springs / Louisiana Tech University neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 3.9% of the workforce so employed, this neighborhood has a greater concentration of such workers than 95.6% of U.S. neighborhoods.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Barnet Springs / Louisiana Tech University neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Barnet Springs / Louisiana Tech University neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 63.3% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.1% of U.S. neighborhoods. Less time commuting means more time for other things in life.

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 Barnet Springs / Louisiana Tech University neighborhood in Ruston are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.6% of U.S. neighborhoods. With 78.3% 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.

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 Barnet Springs / Louisiana Tech University neighborhood, 45.3% 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 executive, management, and professional occupations, with 29.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.4%), and 9.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Barnet Springs / Louisiana Tech University neighborhood is English, spoken by 96.6% of households.

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 Barnet Springs / Louisiana Tech University neighborhood in Ruston, LA, residents most commonly identify their ethnicity or ancestry as German (9.7%). There are also a number of people of Irish ancestry (9.1%), and residents who report French roots (5.6%), and some of the residents are also of English ancestry (5.6%), along with some Mexican ancestry residents (3.1%), among others.

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 Barnet Springs / Louisiana Tech University neighborhood spend under 15 minutes commuting one-way to work (63.3% of working residents), one of the shortest commutes across America.

Here most residents (73.1%) 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 (6.1%) . 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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