Grand Falls Plaza is a neighborhood in Joplin, Missouri, and it is a suburban area. It is worth noting that the median real estate price in Grand Falls Plaza is $170,442, making it more costly than 48.5 percent of the communities in Missouri and 29.2 percent of areas in the United States.
The current average rental fee in Grand Falls Plaza is $1,054, according to the property management company. Rents in this neighborhood are currently less expensive than rents in 58.9 percent of Missouri neighborhoods.
Grand Falls Plaza real estate is mostly comprised of single-family homes ranging in size from medium (three or four bedrooms) to small (studio to two bedrooms), as well as mobile homes. The majority of residential real estate is occupied by a mix of owners and tenants, with the exception of a few vacant lots. Despite being established, many of the homes in the Grand Falls Plaza area were built between 1970 and 1999, making them very young in age. Between 1940 and 1969, a number of houses were constructed as well.
Grand Falls Plaza has a vacancy rate of 11.8 percent, which is much higher than the national average when compared to other U.S. communities (higher than 64.0 percent of American neighborhoods). The majority of unoccupied houses in this area is vacant all year. This could indicate that there is a lack of demand for real estate in the neighborhood, or that a big number of new housing has been constructed but has not yet been occupied, depending on your perspective. In either case, if you live in this area, you may notice that many of the homes and flats are vacant.
The Grand Falls Plaza area has more people of British and Lebanese origin residing there than almost any other neighborhood in the United States. British heritage is represented by 2.9 percent of this neighborhood’s people, while Lebanese ancestry represents 0.9 percent.
Grand Falls Plaza is also noteworthy for its linguistic distinction. Significantly, 3.0 percent of its citizens aged five and up speak predominantly German or Yiddish at home, a figure that is higher than the national average. However, while this may appear to be a small percentage, it is more than the 98.5 percent of neighborhoods in the United States.
When compared to the rest of Joplin, the Grand Falls Plaza area has a lower-middle income, making it a community with a lower than average income. This community has a lower income than 61.7 percent of all neighborhoods in the United States. The rate of childhood poverty in this area is also lower than the national average, with 7.4 percent of children seventeen and under living below the federal poverty line, compared to 64.7 percent of all American neighborhoods.