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Real Estate Prices & Overview

Mandalay / Waterproof median real estate price is $432,019, which is more expensive than 90.0% of the neighborhoods in Louisiana and 58.7% of the neighborhoods in the U.S.

The average rental price in Mandalay / Waterproof is currently $1,812, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.1% of the neighborhoods in Louisiana.

Mandalay / Waterproof is a rural neighborhood (based on population density) located in Houma, Louisiana.

Mandalay / Waterproof real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Mandalay / Waterproof neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Mandalay / Waterproof are 3.4%, which is lower than one will find in 77.3% of American neighborhoods. Demand for real estate in Mandalay / Waterproof is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Houma, the Mandalay / Waterproof neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

According to NeighborhoodScout's exclusive analysis, Mandalay / Waterproof is among the best neighborhoods for families in Louisiana. In fact, this neighborhood is more family-friendly than 99.7% of neighborhoods in the entire state of Louisiana. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Mandalay / Waterproof neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives.

In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 99.5% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Mandalay / Waterproof neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Real Estate

Owner-occupied real estate dominates the Mandalay / Waterproof neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 99.3% of neighborhoods in America.

In addition, the Mandalay / Waterproof neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.5% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 96.9% of all neighborhoods in America.

Diversity

Did you know that the Mandalay / Waterproof neighborhood has more French and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 46.3% of this neighborhood's residents have French ancestry and 1.9% have Portuguese ancestry.

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 Mandalay / Waterproof neighborhood in Houma are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 83.6% of the neighborhoods in America. In addition, 2.3% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 73.9% of America'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 Mandalay / Waterproof neighborhood, 50.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 28.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.0%), and 5.4% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Mandalay / Waterproof neighborhood is English, spoken by 100.0% 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 Mandalay / Waterproof neighborhood in Houma, LA, residents most commonly identify their ethnicity or ancestry as French (46.3%). There are also a number of people of Italian ancestry (9.6%), and residents who report German roots (9.3%), and some of the residents are also of English ancestry (8.1%), along with some Irish ancestry residents (3.9%), 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 Mandalay / Waterproof neighborhood spend between 15 and 30 minutes commuting one-way to work (47.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (83.8%) 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 (12.0%) . 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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Crime includes:
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Schools include:
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