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Real Estate Prices & Overview

Barnet Springs / Louisiana Tech University median real estate price is $194,014, which is more expensive than 40.9% of the neighborhoods in Louisiana and 19.1% of the neighborhoods in the U.S.

The average rental price in Barnet Springs / Louisiana Tech University is currently $1,157, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 74.7% 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

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

One of the unique characteristics of the Barnet Springs / Louisiana Tech University neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 97.6% of the neighborhoods in America. Also of note, 78.3% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

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.

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 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 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 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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