Found within zip codes: 28226
Popular real estate near Charlotte, NC (Rea Rd / Pineville Matthews Rd)
Rea Rd / Pineville Matthews Rd median real estate prices are $284,930, which is more expensive than 92.3% of the neighborhoods in North Carolina and 76.3% of the neighborhoods in the U.S.
Average rental prices in Rea Rd / Pineville Matthews Rd are currently $750, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.9% of the neighborhoods in North Carolina.
Rea Rd / Pineville Matthews Rd is an urban neighborhood (based on population density) located in Charlotte, North Carolina.
Rea Rd / Pineville Matthews Rd real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Rea Rd / Pineville Matthews Rd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Rea Rd / Pineville Matthews Rd, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Rea Rd / Pineville Matthews Rd is very tight compared to the demand for property here.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 get around.Notable & Unique: People
In a nation where 1 out of every 4 children lives in poverty, the Rea Rd / Pineville Matthews Rd neighborhood stands out as being ranked among the lowest 0.1% of neighborhoods affected by this global issue.
In addition, a majority of the adults in the Rea Rd / Pineville Matthews Rd neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for North Carolina by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 95.8% of the neighborhoods in North Carolina. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children , urban sophisticates and active retirees.Notable & Unique: Diversity
Did you know that the Rea Rd / Pineville Matthews Rd neighborhood has more Swiss and Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Swiss ancestry and 6.3% have Scots-Irish ancestry.
Rea Rd / Pineville Matthews Rd is also pretty special linguistically. Significantly, 6.5% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 99.1% of the neighborhoods in America.Notable & Unique: Modes of Transportation
In the Rea Rd / Pineville Matthews Rd neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 12.4% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 96.6% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.Notable & Unique: Real Estate
In addition, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Rea Rd / Pineville Matthews Rd neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Rea Rd / Pineville Matthews Rd stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 84.8% of the residential real estate here was built in this one time period.The Neighbors The Neighbors: Income
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. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Rea Rd / Pineville Matthews Rd neighborhood in Charlotte are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 87.2% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 99.9% of America's neighborhoods.The Neighbors: Occupations
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 Rea Rd / Pineville Matthews Rd neighborhood, 47.5% of the working population is employed in executive, management, and professional 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 28.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.4%), and 10.6% in manufacturing and laborer occupations.The Neighbors: Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior - comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures. In the Rea Rd / Pineville Matthews Rd neighborhood in Charlotte, NC, residents most commonly identify their ethnicity or ancestry as German (14.5%). There are also a number of people of Irish ancestry (11.9%) , and residents who report English roots (8.7%) , and some of the residents are also of Scots-Irish ancestry (6.3%) , along with some Asian ancestry residents (5.4%), among others.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 Rea Rd / Pineville Matthews Rd neighborhood is English, spoken by 90.1% of households. Other important languages spoken here include Korean and Spanish.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 Rea Rd / Pineville Matthews Rd neighborhood spend between 15 and 30 minutes commuting one-way to work (33.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (87.4%) 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 (7.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
|MEDIAN HOUSE VALUE||$284,930|
HOUSE VALUE RANGE
|RENTAL PRICE||Very high cost relative to NC, medium cost relative to the nation|
|NEIGHBORHOOD LOOK, FEEL, & CHARACTER||DETAILS|
|THE SETTING||Urban (based on population density)|
|TYPE OF HOMES / DWELLINGS||Mostly Single-family homes, some Small apartment buildings, some Complexes/high rise apartments and a few Rowhouses & attached homes|
|SIZE OF HOMES / DWELLINGS||Mostly Medium-sized dwellings (3 or 4 bedrooms), some Large dwellings (4 or 5 bedrooms) and a few Small dwellings (1, 2, or no bedrooms)|
|AGE OF HOMES / DWELLINGS||Mostly Established but not old (Built 1970 – 1999), some Newer Homes (Built 2000 or later) and some Well established older homes (Built 1940 - 1969)|
|HOMEOWNERSHIP||Mostly Owner occupied|
|SPECIAL CHARACTER||Mostly Urban Sophisticates and Quiet|
|AGE & LIFESTYLE||Mostly Young singles-upwardly mobile (young, educated, professionally employed, and single), some Families with children (family households with school-aged children), some Mixed ages and some Seniors (people 65 and over)|
|EDUCATION LEVEL||Rating: 10 (5 is average for the U.S., 10 is most educated)|
|INCOME||Wealthy (among the 15% most wealthy communities in America)|
|OCCUPATIONS||Mostly Executive, managerial & professional, some Sales & Service workers, some Clerical, assistants & technical support and some Manufacturing & Laborers|
|ETHNICITY / ANCESTRY||Mostly White (non-Hispanic), some Irish ancestry, some Black, some East Asian, some Italian ancestry and some Hispanic|
|LANGUAGES||Mostly English speaking and some Spanish speaking|
|SCHOOLS IN THIS NEIGHBORHOOD *||GRADES|
OLDE PROVIDENCE ELEMENTARY
3800 REA RD, CHARLOTTE, NC 28226
* Depending on where you live in this neighborhood, your children may attend these schools or other schools outside the neighborhood. Always check with your local school department to determine which schools your children may attend based on your specific address and your child's grade-level.
This neighborhood is served by one 1 district.
135,954 Students enrolled in District
READING & MATH
|ETHNIC/RACIAL GROUPS||THIS DISTRICT||THIS STATE|
|WHITE (NON-HISPANIC) (%)||32.8||53.2|
|ASIAN OR PACIFIC ISLANDER (%)||5.1||2.4|
|AMERICAN INDIAN OR NATIVE OF ALASKA (%)||0.4||1.5|
|ECONOMIC GROUPS||THIS DISTRICT||THIS STATE|
|ECONOMICALLY DISADVANTAGED (%)||53.0||50.2|
|FOR THIS DISTRICT||PER STUDENT||TOTAL||% OF TOTAL|
|NEIGHBORHOOD EDUCATIONAL ENVIRONMENT|
|ADULTS IN NEIGHBORHOOD WITH COLLEGE DEGREE OR HIGHER (%)||62.2|
|CHILDREN IN THE NEIGHBORHOOD LIVING IN POVERTY (%)||0.0|
|PERIOD||TOTAL APPRECIATION||AVG. ANNUAL RATE||COMPARED TO NC*||COMPARED TO AMERICA*|
|LAST 10 YEARS|
|LAST 5 YEARS|
|LAST 2 YEARS|
|LAST 12 MONTHS|
|* 10 is highest|
Rea Rd / Pineville Matthews Rd neighborhood appreciation rates are for subscribers only. Charlotte, NC appreciation rates (city-wide averages) are open to all visitors.
National Median 3.9
My chances of becoming a victim
in Rea Rd / Pineville Matthews Rd SUBSCRIBE FOR DETAIL
in Charlotte 1 in 162
in North Carolina 1 in 286
National Median 29.1
My chances of becoming a victim
in Rea Rd / Pineville Matthews Rd SUBSCRIBE FOR DETAIL
in Charlotte 1 in 24
in North Carolina 1 in 28
Rea Rd / Pineville Matthews Rd neighborhood Crime data are subscription only. Charlotte, NC crime rates (city-wide averages) are open to all visitors.
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