If you want to buy a house in Slidell Louisiana, you need to understand the real estate market there. As a small town, Slidell has a great number of families and good public schools, and it is much cheaper than New Orleans. If you want to purchase real estate in Slidell, you will have to speak with a realtor.
Slidell is a small town alternative to New Orleans
Slidell is a small city in northeastern Louisiana and is part of the New Orleans-Metairie-Kenner metropolitan statistical area. It is home to the Slidell Airport, a city-owned public use airport. The airport is located four nautical miles (7 km) northwest of Slidell’s central business district. Slidell has no IATA designation but it is assigned a three-letter location identifier, ASD.
The town’s public schools are run by St. Tammany Parish Public Schools and there are three public high schools, including Slidell High School. The town is served by three interstate highways and is well-served by train. The I-10 Twin Span Bridge connects Slidell with New Orleans East.
It has a large number of families
Slidell Louisiana has a large number of people, but the median age is just under 40. The median age for all residents realtor is 39.5, with the median age of foreign-born residents at 46. Overall, the average age for all Slidell residents was 37 in 2019. The majority of Slidell’s foreign-born residents were born in Honduras, Mexico, and Vietnam.
The area has a high proportion of Hispanic residents, with the Hispanic population in Slidell Louisiana at 6.9%, which is higher than the rest of the greater Slidell region. As for the gender makeup, Slidell Louisiana has a much lower male population than its female population. In fact, the male population is 13.4% smaller than the female population.
It has good public schools
When it comes to public education, Slidell, Louisiana has some good options. The school data in Slidell is based on the American Community Survey and the National Center for Education Statistics. The information on average school test scores is based on all schools in the state, but the type of tests can vary by school.
Overall school enrollment varies by age group. The percentage of children in Kindergarten is the highest in Slidell, with a rate of 23.1%. The highest percentage of children in Slidell are in grade 1 to 4, which puts it in the top ten percent of the nation. But Slidell’s public schools are not the only source of good public education. The city ranks #2 in the country for the percentage of people with a bachelor’s degree in science or engineering.
It has a low cost of living
Living in Slidell Louisiana is relatively affordable compared to many other places. The average rent in Slidell is $1,142 for a studio apartment, and $1,399 for a one bedroom. This is slightly above the state’s average of $35,133, but well within the range of national averages. The city’s affordability is perfect for retirees and young families.
Housing affordability is determined by several factors, including area income. A typical home price in the United States is 3.4 times the median household income of $60,293 – a ratio that varies from 1.0 in the least expensive cities to a whopping 10.0 in the most expensive cities. In Slidell, the median household income is $54,733, or 2.9 times the median home value.
It has a strong rental market
The Slidell Louisiana rental market is hot, which means that many investors are interested in buying rental properties in the area. If you are interested in investing in rental property, you should check out the market in Slidell and make an appointment with a real estate professional. After all, a rental property is a great investment!
Conclusion
Slidell’s rental market is dominated by residents with bachelor’s degrees and above. Only 13% of apartments are occupied by people with less than a high school diploma. Among the 1,489 rental units in Slidell, Louisiana, 42% are occupied by families. Another 29% are occupied by people under the age of 18. The average size of a renter-occupied household in Slidell is 2.25 people.
