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Real Estate Prices & Overview

Spring Ridge median real estate price is $188,276, which is less expensive than 60.4% of Louisiana neighborhoods and 80.6% of all U.S. neighborhoods.

The average rental price in Spring Ridge is currently $1,293, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.5% of Louisiana neighborhoods.

Spring Ridge is a rural neighborhood (based on population density) located in Keithville, Louisiana.

Spring Ridge 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 owner occupied. Many of the residences in the Spring Ridge 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.

Real estate vacancies in Spring Ridge are 4.7%, which is lower than one will find in 68.7% of American neighborhoods. Demand for real estate in Spring Ridge 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

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.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Spring Ridge neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 17.8% of its workforce, this neighborhood has a greater concentration of government workers than 98.4% of U.S. neighborhoods.

People

Divorcees may find friendship and understanding in this neighborhood, as 21.8% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 97.4% of the neighborhoods in America.

Diversity

Did you know that the Spring Ridge neighborhood has more French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.7% of this neighborhood's residents have French Canadian 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 Spring Ridge neighborhood in Keithville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.5% of U.S. neighborhoods. 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 74.2% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Spring Ridge neighborhood, 33.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 31.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.4%), and 17.8% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Spring Ridge neighborhood is English, spoken by 94.7% of households. Some people also speak Spanish (3.7%).

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 Spring Ridge neighborhood in Keithville, LA, residents most commonly identify their ethnicity or ancestry as English (10.7%). There are also a number of people of German ancestry (5.5%), and residents who report Irish roots (5.4%), and some of the residents are also of Mexican ancestry (4.6%), along with some French ancestry residents (4.4%), 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 Spring Ridge neighborhood spend between 15 and 30 minutes commuting one-way to work (44.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (86.0%) 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 (11.4%) . 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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