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Real Estate Prices & Overview

Bromley / Malbis median real estate price is $411,937, which is more expensive than 84.2% of the neighborhoods in Alabama and 54.4% of the neighborhoods in the U.S.

The average rental price in Bromley / Malbis is currently $2,470, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.2% of the neighborhoods in Alabama.

Bromley / Malbis is a rural neighborhood (based on population density) located in Spanish Fort, Alabama.

Bromley / Malbis 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 Bromley / Malbis neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Bromley / Malbis has a 10.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.7% 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

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.

Occupations

The Bromley / Malbis neighborhood stands out nationally for having a greater proportion of its residents active in the military than 95.0% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

People

The Bromley / Malbis neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 92.2% of Alabama neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for first-time home buyers.

Diversity

Did you know that the Bromley / Malbis neighborhood has more Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.1% of this neighborhood's residents have Brazilian ancestry.

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 Bromley / Malbis neighborhood in Spanish Fort are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 66.9% of the neighborhoods in America. In addition, 4.1% 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 67.6% 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 Bromley / Malbis neighborhood, 45.3% 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 23.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.6%), and 13.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Bromley / Malbis neighborhood is English, spoken by 94.7% of households. Some people also speak Spanish (2.1%).

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 Bromley / Malbis neighborhood in Spanish Fort, AL, residents most commonly identify their ethnicity or ancestry as English (19.9%). There are also a number of people of Irish ancestry (9.7%), and residents who report French roots (6.1%), and some of the residents are also of German ancestry (5.4%), along with some Italian ancestry residents (4.4%), 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 Bromley / Malbis neighborhood spend between 15 and 30 minutes commuting one-way to work (53.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (85.3%) 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 (6.5%) . 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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