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Real Estate Prices & Overview

Downtown Alexandria median real estate price is $43,952, which is less expensive than 94.9% of Louisiana neighborhoods and 97.5% of all U.S. neighborhoods.

The average rental price in Downtown Alexandria is currently $911, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 91.6% of Louisiana neighborhoods.

Downtown Alexandria is a suburban neighborhood (based on population density) located in Alexandria, Louisiana.

Downtown Alexandria real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Downtown Alexandria 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 Downtown Alexandria. The current real estate vacancy rate here is 25.5%. This is higher than the rate of vacancies in 92.2% 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

The Downtown Alexandria neighborhood stands out for having an average per capita income lower than 99.1% of the neighborhoods in the United States. The Downtown Alexandria neighborhood also has a greater percentage of children living in poverty (82.3%) than found in 99.5% 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, of particular note, 10.4% of the people in the Downtown Alexandria neighborhood currently reside in a correction facility, held due to punishment for a crime.

Also, neighborhoodScout's exclusive research revealed that 94.7% of the adult residents in the Downtown Alexandria neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.9% of the neighborhoods in America.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Downtown Alexandria neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.8% of all American neighborhoods.

Modes of Transportation

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Downtown Alexandria neighborhood is a fantastic option for bicycle commuters, as 3.4% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 96.5% of the neighborhoods in America.

Also, more people ride the bus in this neighborhood each day to get to work than 95.1% of U.S. neighborhoods.

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 Downtown Alexandria neighborhood in Alexandria are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.1% of U.S. neighborhoods. With 82.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.5% of U.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 Downtown Alexandria neighborhood, 46.1% 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 manufacturing and laborer occupations, with 39.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.9%), and 6.4% in executive, management, and professional occupations.

Languages

The most common language spoken in the Downtown Alexandria neighborhood is English, spoken by 97.6% of households.

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 Downtown Alexandria neighborhood in Alexandria, LA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (3.4%). There are also a number of people of African ancestry (3.4%), and residents who report Irish roots (2.5%), and some of the residents are also of Asian ancestry (2.2%), along with some English ancestry residents (1.4%), 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 Downtown Alexandria neighborhood spend under 15 minutes commuting one-way to work (48.2% of working residents), one of the shortest commutes across America.

Here most residents (64.3%) 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 (19.1%) and 10.6% of residents also ride the bus for their daily commute. 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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