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Real Estate Prices & Overview

Rolla Southeast median real estate price is $238,896, which is more expensive than 48.4% of the neighborhoods in Missouri and 28.5% of the neighborhoods in the U.S.

The average rental price in Rolla Southeast is currently $1,432, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.1% of Missouri neighborhoods.

Rolla Southeast is a suburban neighborhood (based on population density) located in Rolla, Missouri.

Rolla 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 small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Rolla Southeast neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Rolla Southeast has a 10.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.2% 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.

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 Rolla Southeast neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Rolla Southeast neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 66.0% 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 97.7% of U.S. neighborhoods. Less time commuting means more time for other things in life.

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 Rolla Southeast neighborhood in Rolla are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.3% of U.S. neighborhoods. With 22.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.7% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Rolla Southeast neighborhood, 56.2% 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 23.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.8%), and 8.7% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Rolla Southeast neighborhood is English, spoken by 95.0% of households.

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 Rolla Southeast neighborhood in Rolla, MO, residents most commonly identify their ethnicity or ancestry as German (18.1%). There are also a number of people of English ancestry (14.9%), and residents who report Irish roots (11.1%), and some of the residents are also of Asian ancestry (4.8%), along with some Swedish ancestry residents (3.1%), 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 Rolla Southeast neighborhood spend under 15 minutes commuting one-way to work (66.0% of working residents), one of the shortest commutes across America.

Here most residents (78.0%) 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 (12.6%) . 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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