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Real Estate Prices & Overview

State Capitol / West Capitol Street Historic District median real estate price is $83,660, which is less expensive than 89.0% of Mississippi neighborhoods and 96.9% of all U.S. neighborhoods.

The average rental price in State Capitol / West Capitol Street Historic District is currently $2,050, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.5% of the neighborhoods in Mississippi.

State Capitol / West Capitol Street Historic District is a rural neighborhood (based on population density) located in Jackson, Mississippi.

State Capitol / West Capitol Street Historic District real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the State Capitol / West Capitol Street Historic District neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in State Capitol / West Capitol Street Historic District. The current real estate vacancy rate here is 18.8%. This is higher than the rate of vacancies in 85.1% 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

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.

People

Of note is NeighborhoodScout's research finding that the State Capitol / West Capitol Street Historic District neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the State Capitol / West Capitol Street Historic District community truly stands out from the rest in this regard.

In addition, one of the most interesting things about the State Capitol / West Capitol Street Historic District neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 77.4% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.9% of the neighborhoods in America.

Also, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 43.8% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 98.1% of U.S. neighborhoods, where the average American neighborhood has 13.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

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 State Capitol / West Capitol Street Historic District neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 57.9% of its workforce, this neighborhood has a greater concentration of government workers than 100.0% of U.S. neighborhoods.

Furthermore, executives, managers and professionals make up 74.2% of the workforce in the State Capitol / West Capitol Street Historic District neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 97.4% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The State Capitol / West Capitol Street Historic District neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the State Capitol / West Capitol Street Historic District neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 79.3% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Real Estate

Renter-occupied real estate is dominant in the State Capitol / West Capitol Street Historic District neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 92.8%, which is higher than 97.5% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

In addition, the State Capitol / West Capitol Street Historic District neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 88.9% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Furthermore, the real estate in the State Capitol / West Capitol Street Historic District neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 81.7% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.0% of American neighborhoods.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the State Capitol / West Capitol Street Historic District neighborhood. In the State Capitol / West Capitol Street Historic District neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 State Capitol / West Capitol Street Historic District neighborhood in Jackson are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 53.9% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 State Capitol / West Capitol Street Historic District neighborhood, 74.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 57.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.0%), and 10.1% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the State Capitol / West Capitol Street Historic District neighborhood is English, spoken by 96.9% of households. Some people also speak Spanish (2.3%).

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 State Capitol / West Capitol Street Historic District neighborhood in Jackson, MS, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (3.3%). There are also a number of people of African ancestry (3.3%), and residents who report Irish roots (2.8%), and some of the residents are also of German ancestry (2.7%), along with some French ancestry residents (2.0%), 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 State Capitol / West Capitol Street Historic District neighborhood spend under 15 minutes commuting one-way to work (79.3% of working residents), one of the shortest commutes across America.

Here most residents (86.2%) 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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