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Real Estate Prices & Overview

3rd St / Gerstner Memorial Dr median real estate price is $162,736, which is less expensive than 70.0% of Louisiana neighborhoods and 85.3% of all U.S. neighborhoods.

The average rental price in 3rd St / Gerstner Memorial Dr is currently $1,089, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.4% of Louisiana neighborhoods.

3rd St / Gerstner Memorial Dr is a suburban neighborhood (based on population density) located in Lake Charles, Louisiana.

3rd St / Gerstner Memorial Dr 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 occupied by a mixture of owners and renters. Many of the residences in the 3rd St / Gerstner Memorial Dr neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 7.3% in 3rd St / Gerstner Memorial Dr. NeighborhoodScout analysis shows that this rate is lower than 51.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the 3rd St / Gerstner Memorial Dr neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.3% of all American neighborhoods.

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 3rd St / Gerstner Memorial Dr neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the 3rd St / Gerstner Memorial Dr neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 60.7% 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 96.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

One of the unique characteristics of the 3rd St / Gerstner Memorial Dr neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.6% of the neighborhoods in America.

In addition, the 3rd St / Gerstner Memorial Dr neighborhood stands out within Louisiana for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 5.5% of college-friendly places to live in LA.

Diversity

Did you know that the 3rd St / Gerstner Memorial Dr neighborhood has more Jamaican and French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.1% of this neighborhood's residents have Jamaican ancestry and 5.8% have French Canadian ancestry.

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 3rd St / Gerstner Memorial Dr neighborhood in Lake Charles are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.6% of U.S. neighborhoods. With 36.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.4% 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 3rd St / Gerstner Memorial Dr neighborhood, 49.9% 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 36.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (6.7%), and 6.7% in executive, management, and professional occupations.

Languages

The most common language spoken in the 3rd St / Gerstner Memorial Dr neighborhood is English, spoken by 97.0% 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 3rd St / Gerstner Memorial Dr neighborhood in Lake Charles, LA, residents most commonly identify their ethnicity or ancestry as Jamaican (23.1%). There are also a number of people of Sub-Saharan African ancestry (8.6%), and residents who report African roots (8.6%), and some of the residents are also of French ancestry (6.7%), along with some French Canadian ancestry residents (5.8%), 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 3rd St / Gerstner Memorial Dr neighborhood spend under 15 minutes commuting one-way to work (60.7% of working residents), one of the shortest commutes across America.

Here most residents (74.0%) 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 (19.3%) and 6.7% of residents also hop out the door and walk to work 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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