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Real Estate Prices & Overview

Ashland / Lorman median real estate price is $99,677, which is less expensive than 82.7% of Mississippi neighborhoods and 95.4% of all U.S. neighborhoods.

The average rental price in Ashland / Lorman is currently $648, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.1% of Mississippi neighborhoods.

Ashland / Lorman is a remote neighborhood (based on population density) located in Fayette, Mississippi.

Ashland / Lorman 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 owner occupied. Many of the residences in the Ashland / Lorman 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.

Vacant apartments or homes are a major fact of life in Ashland / Lorman. The current real estate vacancy rate here is 23.7%. This is higher than the rate of vacancies in 90.8% 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

One of the unique characteristics of the Ashland / Lorman neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.4% of the neighborhoods in America. The Ashland / Lorman neighborhood also has a greater percentage of children living in poverty (74.2%) than found in 98.9% 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 Ashland / Lorman neighborhood about it; they already know. 26.1% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.1% 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, if you are planning to retire in Mississippi, this neighborhood should be on your must-see list. For many reasons, Ashland / Lorman may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Mississippi, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 96.3% of neighborhoods in MS. If a Mississippi retirement is in your future, this neighborhood should be one of the places you visit.

Modes of Transportation

While most Americans do drive to work alone each day, the Ashland / Lorman neighborhood stands out by having 91.7% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 98.0% of all American neighborhoods.

Real Estate

Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 14 residents per square mile, Ashland / Lorman is less crowded than 96.0% of all U.S. neighborhoods.

Occupations

More people work in manufacturing and as laborers here in the Ashland / Lorman neighborhood than in 95.3% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Diversity

Did you know that the Ashland / Lorman neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.0% of this neighborhood's residents have Cuban ancestry.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the Ashland / Lorman neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.1% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

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 Ashland / Lorman neighborhood in Fayette are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.4% of U.S. neighborhoods. With 74.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.9% 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 Ashland / Lorman neighborhood, 42.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 30.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.0%), and 7.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Ashland / Lorman neighborhood is English, spoken by 98.6% 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 Ashland / Lorman neighborhood in Fayette, MS, residents most commonly identify their ethnicity or ancestry as Cuban (8.0%). There are also a number of people of English ancestry (2.3%).

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 Ashland / Lorman neighborhood spend under 15 minutes commuting one-way to work (38.0% of working residents), one of the shortest commutes across America.

Here most residents (91.7%) 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 (8.3%) . 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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