When you see a neighborhood for the first time, the most important thing
is often the way it looks, like its homes and its setting. Some places look
the same, but they only reveal their true character after living in them for
a while because they contain a unique mix of occupational or cultural groups.
This neighborhood is very unique in some important ways, according to
NeighborhoodScout's exclusive exploration and analysis.
Notable & Unique: Diversity
Did you know that the Rea Rd / Pineville Matthews Rd neighborhood has more
Scots-Irish and Swiss ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 7.7% of
this neighborhood's residents have Scots-Irish ancestry and 1.3% have Swiss ancestry.
Rea Rd / Pineville Matthews Rd is also pretty special linguistically. Significantly, 5.2% 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 98.8% of the neighborhoods in America.
Notable & Unique: People
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 97.8%
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 urban sophisticates and families with school-aged children.
In addition, priests and therapists would like to think they know the secrets to a
truly successful marriage, but according to NeighborhoodScout's research,
the folks of the Rea Rd / Pineville Matthews Rd neighborhood may actually hold
the key. 66.7% of its residents are married, which is a higher
percentage than is found in 95.0% of the neighborhoods
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.