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Real Estate Prices & Overview

Georgia St / Beauregard St median real estate price is $66,717, which is less expensive than 95.3% of Louisiana neighborhoods and 98.1% of all U.S. neighborhoods.

The average rental price in Georgia St / Beauregard St is currently $1,039, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 85.7% of Louisiana neighborhoods.

Georgia St / Beauregard St is a suburban neighborhood (based on population density) located in Monroe, Louisiana.

Georgia St / Beauregard St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Georgia St / Beauregard St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Georgia St / Beauregard St. The current real estate vacancy rate here is 17.5%. This is higher than the rate of vacancies in 83.9% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually 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 Monroe, the Georgia St / Beauregard St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

In the Georgia St / Beauregard St neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 43.1% of commuters carpool here, which is more than in 99.8% of all U.S. neighborhoods.

People

The Georgia St / Beauregard St neighborhood stands out for having an average per capita income lower than 99.8% of the neighborhoods in the United States. The Georgia St / Beauregard St neighborhood also has a greater percentage of children living in poverty (88.6%) than found in 99.7% 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, single parenting is hard. But you don't have to tell the Georgia St / Beauregard St neighborhood about it; they already know. 23.5% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 98.4% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Also, the Georgia St / Beauregard St neighborhood is unique for having just 5.6% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 96.9% of America's neighborhoods.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Georgia St / Beauregard St neighborhood have a highly unusual car ownership. 43.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.3% of U.S. neighborhoods.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Georgia St / Beauregard St neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.3% of all American neighborhoods.

Real Estate

84.5% of the real estate in the Georgia St / Beauregard St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Diversity

Did you know that the Georgia St / Beauregard St neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 21.2% of this neighborhood's residents have African ancestry and 21.2% have Sub-Saharan African ancestry.

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 Georgia St / Beauregard St neighborhood in Monroe are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.8% of U.S. neighborhoods. With 88.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.7% 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 Georgia St / Beauregard St neighborhood, 43.4% 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 clerical, assistant, and tech support occupations, with 22.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.8%), and 15.7% in executive, management, and professional occupations.

Languages

The most common language spoken in the Georgia St / Beauregard St neighborhood is English, spoken by 99.4% 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 Georgia St / Beauregard St neighborhood in Monroe, LA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (21.2%). There are also a number of people of African ancestry (21.2%).

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Georgia St / Beauregard St neighborhood spend under 15 minutes commuting one-way to work (43.5% of working residents), one of the shortest commutes across America.

Here most residents (52.8%) 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 (43.1%) . 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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