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Real Estate Prices & Overview

Veltin median real estate price is $205,698, which is more expensive than 44.6% of the neighborhoods in Louisiana and 22.4% of the neighborhoods in the U.S.

The average rental price in Veltin is currently $1,272, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.4% of Louisiana neighborhoods.

Veltin is a suburban neighborhood (based on population density) located in Opelousas, Louisiana.

Veltin 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 Veltin neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Veltin are 5.5%, which is lower than one will find in 63.4% of American neighborhoods. Demand for real estate in Veltin 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 Opelousas, the Veltin neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

While most Americans do drive to work alone each day, the Veltin neighborhood stands out by having 94.2% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 99.2% of all American neighborhoods.

Diversity

Did you know that the Veltin neighborhood has more French Canadian and French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.8% of this neighborhood's residents have French Canadian ancestry and 14.5% have French ancestry.

Veltin is also pretty special linguistically. Significantly, 5.4% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 97.8% of the neighborhoods in America.

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 Veltin neighborhood in Opelousas are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 47.4% of the neighborhoods in America. In addition, 9.3% 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 52.4% 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 Veltin neighborhood, 31.5% 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 29.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.8%), and 17.8% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Veltin neighborhood is English, spoken by 92.5% of households. Other important languages spoken here include French and Italian.

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 Veltin neighborhood in Opelousas, LA, residents most commonly identify their ethnicity or ancestry as French (14.5%). There are also a number of people of French Canadian ancestry (12.8%), and residents who report Italian roots (8.2%), and some of the residents are also of English ancestry (4.2%), along with some German ancestry residents (3.4%), 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 Veltin neighborhood spend under 15 minutes commuting one-way to work (46.7% of working residents), one of the shortest commutes across America.

Here most residents (94.2%) 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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