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Real Estate Prices & Overview

Mound City / Salmon median real estate price is $217,918, which is more expensive than 34.2% of the neighborhoods in Texas and 24.7% of the neighborhoods in the U.S.

The average rental price in Mound City / Salmon is currently $1,917, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.0% of Texas neighborhoods.

Mound City / Salmon is a remote neighborhood (based on population density) located in Elkhart, Texas.

Mound City / Salmon 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 Mound City / Salmon neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Mound City / Salmon. The current real estate vacancy rate here is 18.2%. This is higher than the rate of vacancies in 84.2% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (11.1%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, 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 Elkhart, the Mound City / Salmon 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 Mound City / Salmon neighborhood stands out by having 90.0% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 96.4% of all American neighborhoods.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 96.1% of all neighborhoods in America, with 33.2% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

In addition, uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 26 residents per square mile, Mound City / Salmon is less crowded than 93.5% of all U.S. neighborhoods.

People

If you're nearing retirement age, or in retirement, the Mound City / Salmon is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 7.6% of retiree-friendly neighborhoods in Texas, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Texas.

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 Mound City / Salmon neighborhood in Elkhart are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 64.6% of U.S. neighborhoods. With 29.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 80.7% 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 Mound City / Salmon neighborhood, 41.4% of the working population is employed in manufacturing and laborer 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 28.8% of the residents employed. Other residents here are employed in executive, management, and professional occupations (20.1%), and 9.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Mound City / Salmon neighborhood is English, spoken by 97.5% of households. Some people also speak Spanish (2.1%).

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 Mound City / Salmon neighborhood in Elkhart, TX, residents most commonly identify their ethnicity or ancestry as English (18.6%). There are also a number of people of German ancestry (13.7%), and residents who report Irish roots (12.9%), and some of the residents are also of Mexican ancestry (5.6%), along with some Scottish ancestry residents (3.5%), among others.

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 Mound City / Salmon neighborhood spend between 15 and 30 minutes commuting one-way to work (46.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (90.0%) 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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