Genessee median real estate price is $196,324, which is more expensive than 42.7% of the neighborhoods in Louisiana and 20.4% of the neighborhoods in the U.S.
The average rental price in Genessee is currently $1,400, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.9% of Louisiana neighborhoods.
Genessee is a rural neighborhood (based on population density) located in Hammond, Louisiana.
Genessee real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Genessee 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.
Genessee has a 15.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.1% 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.
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 Hammond, the Genessee neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
An extraordinary 28.1% of the residents of the Genessee neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
In addition, one of the unique characteristics of the Genessee neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 96.2% of the neighborhoods in America.
Also, according to NeighborhoodScout's research, Genessee is better suited for first-time home buyers than 85.5% of neighborhoods in the state. Most homes here are priced below the state's median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in Louisiana. Along with an exclusive multi-metric measure of neighborhood quality developed by NeighborhoodScout that scores high here in this neighborhood, this means that buying into the neighborhood is not only an accessible option but considered a decent first time home buyer choice for building equity in your first home, while being in a quality neighborhood
Did you know that the Genessee neighborhood has more French and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.2% of this neighborhood's residents have French ancestry and 1.1% have Brazilian ancestry.
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 Genessee neighborhood in Hammond are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.2% of U.S. neighborhoods. With 50.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.3% 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 Genessee neighborhood, 33.9% 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 executive, management, and professional occupations, with 32.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.7%), and 11.1% in manufacturing and laborer occupations.
The most common language spoken in the Genessee neighborhood is English, spoken by 93.2% of households.
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 Genessee neighborhood in Hammond, LA, residents most commonly identify their ethnicity or ancestry as Italian (11.2%). There are also a number of people of French ancestry (10.2%), and residents who report German roots (8.4%), and some of the residents are also of Irish ancestry (7.4%), along with some English ancestry residents (7.4%), among others.
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 Genessee neighborhood spend under 15 minutes commuting one-way to work (39.1% of working residents), one of the shortest commutes across America.
Here most residents (80.2%) 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 (14.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.