This is a small community in a single neighborhood.
As throughout the site, some neighborhood-level data are reserved for subscribers.
What do we mean by a neighborhood?
Ä¢¹½ÊÓƵ® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. Ä¢¹½ÊÓƵ contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Lorenzo is a tiny city located in the state of Texas. With a population of 924 people and just one neighborhood, Lorenzo is the 828th largest community in Texas.
Occupations and Workforce
Lorenzo is a blue-collar town, with 42.28% of people working in blue-collar occupations, while the average in America is just 27.7%. Overall, Lorenzo is a city of service providers, transportation and shipping workers, and managers. There are especially a lot of people living in Lorenzo who work in management occupations (11.92%), food service (9.49%), and sales jobs (8.40%).
Setting & Lifestyle
The city is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Lorenzo has relatively fewer families with younger children, and/or college students. Combined, this makes Lorenzo a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.
As is often the case in a small city, Lorenzo doesn't have a public transportation system that people use for their commute.
Demographics
The citizens of Lorenzo have a very low rate of college education: just 6.58% of people over 25 have a bachelor's degree or advanced degree, compared to a national average of 21.84% for all cities.
The per capita income in Lorenzo in 2022 was $21,103, which is low income relative to Texas and the nation. This equates to an annual income of $84,412 for a family of four. However, Lorenzo contains both very wealthy and poor people as well.
Lorenzo is an extremely ethnically-diverse city. The people who call Lorenzo home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Lorenzo, accounting for 66.43% of the city’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Lorenzo residents report their race to be White, followed by Black or African-American. Important ancestries of people in Lorenzo include German, Irish, English, Romanian, and Finnish.
The most common language spoken in Lorenzo is English. Other important languages spoken here include Spanish and Vietnamese.
Notable & Unique Neighborhood Characteristics
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Lorenzo, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Occupations
It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to Ä¢¹½ÊÓƵ's leading analysis, the neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 7.7% of the workforce so employed, this neighborhood has a greater concentration of such workers than 98.5% of U.S. neighborhoods.
Real Estate
This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on Ä¢¹½ÊÓƵ's exclusive analysis, with only 6 people per square mile living here, this neighborhood is less crowded than 98.0% of America.
The Neighbors
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. Ä¢¹½ÊÓƵ's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the neighborhood in Lorenzo are lower-middle income, making it a below average income neighborhood. Ä¢¹½ÊÓƵ's research shows that this neighborhood has an income lower than 83.9% of U.S. neighborhoods. With 36.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.8% of U.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 neighborhood, 33.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 30.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.0%), and 7.7% in farming, forestry, or commercial fishing.
Languages
The most common language spoken in the neighborhood is English, spoken by 69.9% of households. Some people also speak Spanish (28.4%).
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 neighborhood in Lorenzo, TX, residents most commonly identify their ethnicity or ancestry as Mexican (41.3%). There are also a number of people of German ancestry (7.3%), and residents who report Irish roots (3.8%), and some of the residents are also of English ancestry (3.1%), along with some Spanish ancestry residents (1.2%), 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 neighborhood spend between 30 and 45 minutes commuting one-way to work (35.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (83.1%) 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 (7.7%) and 5.4% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
