Vieux Carre median real estate price is $562,999, which is more expensive than 95.7% of the neighborhoods in Louisiana and 71.5% of the neighborhoods in the U.S.
The average rental price in Vieux Carre is currently $1,966, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.5% of the neighborhoods in Louisiana.
Vieux Carre is an urban neighborhood (based on population density) located in New Orleans, Louisiana.
Vieux Carre 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Vieux Carre neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Vieux Carre. The current real estate vacancy rate here is 48.4%. This is higher than the rate of vacancies in 98.5% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (38.2%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
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.
People
Of note is NeighborhoodScout's research finding that the Vieux Carre 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 Vieux Carre community truly stands out from the rest in this regard.
In addition, the first thing that you'll notice if you moved to this neighborhood is that an astounding 4.9% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.9% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Vieux Carre neighborhood should definitely be on your list of places to consider.
Modes of Transportation
In the Vieux Carre neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 47.4% of residents here. This is a higher proportion of walking commuters than we found in 99.8% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Vieux Carre neighborhood is a fantastic option for bicycle commuters, as 4.4% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 97.7% of the neighborhoods in America.
Finally, a unique way of commuting is simply not to. And in the Vieux Carre neighborhood, analysis shows that 30.6% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 97.2% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
Real Estate
Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 48.4% of the residential real estate vacant, the Vieux Carre neighborhood claims the distinction of having a higher vacancy rate than 98.5% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
In addition, the Vieux Carre 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 93.0% 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, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Vieux Carre neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 34.2% of the real estate here is made up of such dwellings, which is higher than 95.9% of all U.S. neighborhoods.
Also of note, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Vieux Carre neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 95.1% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 100.0% of the neighborhoods in the United States.
Car Ownership
American households most often have a car, and regularly they have two or three. But households in the Vieux Carre neighborhood buck this trend. 26.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.6% of U.S. 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 Vieux Carre neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Vieux Carre neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 58.7% 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 95.6% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Occupations
There are more people living in the Vieux Carre neighborhood employed as sales and service workers (61.3%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Diversity
Did you know that the Vieux Carre neighborhood has more Belgian and French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.8% of this neighborhood's residents have Belgian ancestry and 24.9% have French ancestry.
Vieux Carre is also pretty special linguistically. Significantly, 3.5% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 96.2% of the neighborhoods in America.
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 Vieux Carre neighborhood in New Orleans are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.0% of U.S. neighborhoods. 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.
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 Vieux Carre neighborhood, 46.2% 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 38.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.5%), and 7.7% in government jobs, whether they are in local, state, or federal positions.
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 Vieux Carre neighborhood is English, spoken by 87.5% of households. Other important languages spoken here include Spanish, Polish and French.
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 Vieux Carre neighborhood in New Orleans, LA, residents most commonly identify their ethnicity or ancestry as French (24.9%). There are also a number of people of English ancestry (21.0%), and residents who report Belgian roots (9.8%), and some of the residents are also of Italian ancestry (9.8%), along with some Irish ancestry residents (9.1%), among others.
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 Vieux Carre neighborhood spend under 15 minutes commuting one-way to work (58.7% of working residents), one of the shortest commutes across America.
Here most residents (47.4%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (12.5%) and 5.1% of residents also carpool with coworkers, friends, or neighbors for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.
