The Home Buyer's Korner

Information presented should be used for educational purposes only.

October 17th, 2015

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CREATING THE DREAM OF HOME OWNERSHIP

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Rust College/Route 178 Neighborhood

Holly Springs, Mississippi  

East Salem Ave

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Rust College/Route 178 median real estate price is $77,465, which is more expensive than 37.2 percent of the neighborhoods in Mississippi and 9.3 percent of the neighborhoods in the U.S.

The average rental price in Rust College/ Route 178 is currently $1,179, and the average rental cost in this neighborhood is higher than 90.8 percent of the neighborhoods in Mississippi.

Rust College/Route 178 has a 14.4 percent vacancy rate, which is well above average compared to other U.S. neighborhoods and higher than 71.9 percent of American neighborhoods, due in part to a high percentage of college students attending Rust College.

Rust College/Route 178 is a suburban neighborhood located in Holly Springs, Mississippi, and primarily made up of medium sized three or four bedroom to small two bedroom single-family and manufactured homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Rust College/Route 178 neighborhood are established, but not old, having been built between 1970 and 1999, with a number of residences built between 1940 and 1969. 

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.

An extraordinary 16.0 percent of the residents of the Rust College/Route 178 neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

The Rust College/Route 178 neighborhood stands out within Mississippi for its college student friendly environment. 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 offers certain amenities nearby geared towards the student body. While it’s not an environment for everyone, ambitious scholars can enjoy the 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 8 percent of college-friendly places to live in Mississippi.

Many of those attracted to Holly Springs are families with an interest in higher education for their children. If you have a college bound child check out my blog post on Kiddie Condos to see if it’s something that’s right for you.

Your future neighbors in the Rust College/Route 178 neighborhood of Holly Springs earn a modest income, making it among the lowest income neighborhoods in America, but that can also be attributed to the high percentage of college students who are focused on their academic careers.

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 Rust College/Route 178 neighborhood, 31.4 percent of the working population is employed in manufacturing and laborer 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 29.5 percent of the residents employed. Other residents here are employed in executive, management, and professional occupations at 21.6 percent, and 17.5 percent in clerical, assistant, and tech support occupations.

Each neighborhood has its own culture derived primarily from the ancestry 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 ethnicity and ancestry 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 Rust College/Route 178 neighborhood of Holly Springs, MS, residents most commonly identify their ethnicity or ancestry as African at 6.7 percent, and residents who report English roots at 3.7 percent. Some of the residents are also of German ancestry at 1.9 percent.

The most common language spoken in the Rust College/Route 178 neighborhood is English, spoken by 99.0 percent of households.

Livingston Homes for Sale

MISSISSIPPI HOME OWNERSHIP TOOLS

Your Home Purchasing or Refinancing & Renovation Tools,

Home Improvements, Home Renovations,

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase.

Here are just a few of the home improvements

you might consider with any Home Renovation loan

Repair or replace a roof

Install, replace or repair gutters and downspouts

Replace, repair or upgrade your HVAC system

Repair or replace plumbing

Install, repair or replace electrical systems

Kitchen remodeling (including the purchase and installation of appliances)

Bathroom remodeling, Full interior painting, Total exterior painting

Repair or replace a septic system and/or well

Disability access (wheelchair ramp, elevator, widen doorways)

Build, repair or replace deck, patio or porch

Basement waterproofing and finishing

Abatement/Stabilization of lead-based paint hazards

Replace old windows, Room additions, Finish an attic

Add a second story to your home

Replace a termite damaged sill plate (a water-damaged sill plate also)

Possible landscaping items such as correction of grading & drainage problems,

tree removal, repair a driveway and sidewalks

FHA 203K

Your Home Purchasing or Refinancing & Renovation Tool

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

FANNIE MAE HOMESTYLE

The Conventional Alternative to FHA 203K

Great for Real Estate Investors and Second Home Renovations

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

Up to $10K for Home Improvements, Renovations or a Simple Remodel

Mortgage Loan Officers, Real Estate Agents & General Contractors are ready to assist you

A SIMPLE HOME SHOPPING INSPECTION TOOL

Organizing your home shopping experience affords a wise decision-making process.

This simple home inspection tool makes your ultimate buying decision a smart one.

To print this document, click on “Open in New Window” located at the lower right corner;

click on “File”; then click on “Print”. In the center of the screen you will

have the option to “Create A Printable PDF of the Presentation”.

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