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Real Estate Prices & Overview

Aspel / Larkinsville median real estate price is $240,379, which is more expensive than 57.3% of the neighborhoods in Alabama and 30.3% of the neighborhoods in the U.S.

The average rental price in Aspel / Larkinsville is currently $1,298, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.6% of Alabama neighborhoods.

Aspel / Larkinsville is a remote neighborhood (based on population density) located in Scottsboro, Alabama.

Aspel / Larkinsville real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Aspel / Larkinsville 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.

Aspel / Larkinsville has a 12.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.1% 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

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 Scottsboro, the Aspel / Larkinsville neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research reveals that 90.5% of commuters who live in the Aspel / Larkinsville neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 96.9% of U.S. neighborhoods.

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 Aspel / Larkinsville neighborhood in Scottsboro are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.3% of U.S. neighborhoods. With 34.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.1% 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 Aspel / Larkinsville neighborhood, 37.8% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 34.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.0%), and 12.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Aspel / Larkinsville neighborhood is English, spoken by 92.3% of households. Some people also speak Spanish (7.2%).

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 Aspel / Larkinsville neighborhood in Scottsboro, AL, residents most commonly identify their ethnicity or ancestry as Irish (11.4%). There are also a number of people of English ancestry (7.6%), and residents who report German roots (6.9%), and some of the residents are also of Mexican ancestry (6.2%), along with some Puerto Rican ancestry residents (3.5%), 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 Aspel / Larkinsville neighborhood spend under 15 minutes commuting one-way to work (48.6% of working residents), one of the shortest commutes across America.

Here most residents (90.5%) drive alone in a private automobile to get to work. 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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