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Real Estate Prices & Overview

Kemp median real estate price is $295,220, which is more expensive than 52.3% of the neighborhoods in Texas and 38.6% of the neighborhoods in the U.S.

The average rental price in Kemp is currently $1,582, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.5% of Texas neighborhoods.

Kemp is a rural neighborhood (based on population density) located in Mabank, Texas.

Kemp 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 Kemp 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.

Kemp has a 15.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 Mabank, the Kemp neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 Kemp neighborhood in Mabank are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 41.0% of the neighborhoods in America. In addition, 9.4% 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 52.1% of America'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 Kemp neighborhood, 33.1% 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 executive, management, and professional occupations, with 31.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.1%), and 14.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Kemp neighborhood is English, spoken by 92.6% of households. Some people also speak Spanish (7.3%).

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 Kemp neighborhood in Mabank, TX, residents most commonly identify their ethnicity or ancestry as German (10.1%). There are also a number of people of Mexican ancestry (10.0%), and residents who report English roots (9.9%), and some of the residents are also of Irish ancestry (7.1%), along with some Scots-Irish ancestry residents (2.2%), 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 Kemp neighborhood spend under 15 minutes commuting one-way to work (31.4% of working residents), one of the shortest commutes across America.

Here most residents (81.3%) 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 (8.7%) . 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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