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Real Estate Prices & Overview

Paradise Southeast median real estate price is $518,814, which is more expensive than 64.1% of the neighborhoods in Nevada and 68.0% of the neighborhoods in the U.S.

The average rental price in Paradise Southeast is currently $2,779, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.0% of the neighborhoods in Nevada.

Paradise Southeast is a suburban neighborhood (based on population density) located in Las Vegas, Nevada.

Paradise Southeast real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Paradise Southeast 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.

Real estate vacancies in Paradise Southeast are 3.3%, which is lower than one will find in 77.9% of American neighborhoods. Demand for real estate in Paradise Southeast is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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.

Modes of Transportation

If you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 2.6% of the Paradise Southeast neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 99.6% of America's neighborhoods.

Diversity

Did you know that the Paradise Southeast neighborhood has more Lebanese and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.4% of this neighborhood's residents have Lebanese ancestry and 1.1% have Iranian ancestry.

Paradise Southeast is also pretty special linguistically. Significantly, 1.5% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 98.7% of the neighborhoods in America.

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 Paradise Southeast neighborhood in Las Vegas are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.1% of the neighborhoods in America. In addition, 1.5% 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 77.0% 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 Paradise Southeast neighborhood, 37.0% of the working population is employed in executive, management, and professional 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 29.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.6%), and 15.7% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Paradise Southeast neighborhood is English, spoken by 67.2% of households. Other important languages spoken here include Spanish, Tagalog (the first language of the Philippine region) and French.

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 Paradise Southeast neighborhood in Las Vegas, NV, residents most commonly identify their ethnicity or ancestry as Mexican (19.5%). There are also a number of people of German ancestry (13.7%), and residents who report Asian roots (10.5%), and some of the residents are also of Irish ancestry (6.9%), along with some English ancestry residents (6.7%), among others. In addition, 20.2% of the residents of this neighborhood were born in another country.

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 Paradise Southeast neighborhood spend between 15 and 30 minutes commuting one-way to work (46.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (84.1%) 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 (5.5%) . 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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