Real Estate Prices and Overview
Old Statesville Rd / Henderson Rd median real estate prices are $117,497, which is more expensive than 41.1% of the neighborhoods
in North Carolina and 32.4% of the
neighborhoods in the U.S.
Average rental prices in Old Statesville Rd / Henderson Rd are currently
$864, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.9%
of the neighborhoods in North Carolina.
Old Statesville Rd / Henderson Rd is a suburban neighborhood (based on population
density) located in Charlotte, North Carolina.
Old Statesville Rd / Henderson Rd real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the Old Statesville Rd / Henderson Rd neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Old Statesville Rd / Henderson Rd has a 12.6% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
65.3% of American neighborhoods). This could either
signal that there is weak demand for real estate in the neighborhood,
or that much of the housing stock is seasonally occupied,
which can occur in some markets dominated by colleges or vacation homes.
Either way, if you live here year round, you will find many of the homes
or apartments are empty for all or a portion of the year.
Notable & Unique Neighborhood Characteristics
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 as
revealed by NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
Notable & Unique: Diversity
Significantly, 2.6% of its residents five years old and above primarily
speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher
than 95.2% of the neighborhoods in America.
Notable & Unique: Real Estate
In addition, homes built from 2000 through today make up a higher proportion of the Old Statesville Rd / Henderson Rd neighborhood's real estate landscape than 97.0% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 54.4% of the residential real estate here is classified as newer.
The Neighbors: Income
There are two complimentary 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 Old Statesville Rd / Henderson Rd neighborhood in Charlotte are middle-income, making it a moderate income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 43.8% of the neighborhoods in America.
With 28.8% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 71.8%
of U.S. neighborhoods.
The Neighbors: Occupations
A neighborhood is far different if it is dominated by enlisted military personnel
rather than people who earn their living by farming. It is also different if
most of the neighbors are clerical support or managers. What is wonderful is
the shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the Old Statesville Rd / Henderson Rd neighborhood, 28.9%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
clerical, assistant, and tech support occupations, with 25.4% of the residents employed.
Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants
(23.2%), and 22.6% in manufacturing and laborer occupations.
The Neighbors: 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 Old Statesville Rd / Henderson Rd neighborhood in Charlotte, NC, residents
most commonly identify their ethnicity or ancestry as Mexican
(12.1%). There are also a number of people of German ancestry (2.9%) , and residents who report Sub-Saharan African roots (2.5%) , and some of the residents are also of African ancestry (2.3%) , along with some Irish ancestry residents (2.2%), among others. In addition, 14.5% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The languages spoken by people in this neighborhood are diverse. These are
tabulated as the languages people preferentially speak when they are
at home with their families.
The most common language spoken in the Old Statesville Rd / Henderson Rd
neighborhood is English, spoken by 72.2% of households. Other important languages spoken here include Spanish and Tagalog (the first language of the Philippine region).
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 Old Statesville Rd / Henderson Rd neighborhood spend
between 15 and 30 minutes commuting one-way to work (40.1% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (75.9%) 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 (16.4%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.