Real Estate Prices and Overview
W Tyvola Rd / Yorkmont Rd median real estate prices are $148,103, which is more expensive than 62.1% of the neighborhoods
in North Carolina and 45.1% of the
neighborhoods in the U.S.
Average rental prices in W Tyvola Rd / Yorkmont Rd are currently
$1,053, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.9%
of the neighborhoods in North Carolina.
W Tyvola Rd / Yorkmont Rd is a suburban neighborhood (based on population
density) located in Charlotte, North Carolina.
W Tyvola Rd / Yorkmont Rd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes.
Most of the residential real estate is renter occupied. Many of
the residences in the W Tyvola Rd / Yorkmont Rd neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 8.2% in
W Tyvola Rd / Yorkmont Rd. NeighborhoodScout analysis shows that this rate is lower
than 56.3% of the neighborhoods in the nation, approximately
near the middle range for vacancies.
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 Charlotte,
the W Tyvola Rd / Yorkmont Rd neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the W Tyvola Rd / Yorkmont Rd neighborhood has more
Brazilian and Asian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 7.8% of
this neighborhood's residents have Brazilian ancestry and 42.1% have Asian ancestry.
W Tyvola Rd / Yorkmont Rd is also pretty special linguistically. Significantly, 9.8% of its residents five years old and above primarily
speak Hindi, which is the official language of India at home. While this may seem like a small percentage, it is higher
than 99.9% of the neighborhoods in America.
Notable & Unique: Migration/Stability
Do you like to be surrounded by people from all over the country or world,
with different perspectives and life experiences? Or do you instead prefer
to be in a neighborhood where most residents have lived there for a long
time, creating a sense of cohesiveness? NeighborhoodScout's analysis
reveals that this neighborhood stands out among American neighborhoods
for the uniqueness of the mobility of its residents.
In the W Tyvola Rd / Yorkmont Rd neighborhood, a greater proportion of
the residents living here today did not live here five years ago than is
found in 98.9% of U.S. Neighborhoods. This neighborhood,
more than almost any other in America, has new residents from other areas.
What is also interesting to note, is that the W Tyvola Rd / Yorkmont Rd
neighborhood has a greater percentage of residents born in another country
(45.1%) than are found in 96.2% of all U.S. neighborhoods.
Notable & Unique: Occupations
The W Tyvola Rd / Yorkmont Rd neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
97.7% of the neighborhoods in American. In fact, 68.3%
of the employed people here make a living as an executive, a manager, or
other professional. With such a high concentration, this truly shapes
the character of this neighborhood, and to a large degree defines what
this neighborhood is about.
Notable & Unique: People
Do you like to read, write, and learn? Are you curious about the world? If
so, this neighborhood may be a good fit for you. NeighborhoodScout's research
revealed that a full 69.7% of the adults living in the
W Tyvola Rd / Yorkmont Rd neighborhood have earned at least a bachelor's
degree. This is a higher rate than NeighborhoodScout found in 96.6%
of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Notable & Unique: Real Estate
In addition, 86.9% of the real estate in the W Tyvola Rd / Yorkmont Rd neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Furthermore, one of the really unique and interesting things about the look and setting of the W Tyvola Rd / Yorkmont Rd neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 71.6% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 96.1% of all neighborhoods in America.
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 W Tyvola Rd / Yorkmont Rd neighborhood in Charlotte are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 77.6% of the neighborhoods in America.
With 25.3% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 67.0%
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 W Tyvola Rd / Yorkmont Rd neighborhood, 68.3%
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 11.4% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(10.5%), and 9.7% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 W Tyvola Rd / Yorkmont Rd neighborhood in Charlotte, NC, residents
most commonly identify their ethnicity or ancestry as Asian
(42.1%). There are also a number of people of German ancestry (7.9%) , and residents who report Brazilian roots (7.8%) , and some of the residents are also of English ancestry (2.4%) , along with some Irish ancestry residents (2.0%), among others. In addition, 45.1% 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 W Tyvola Rd / Yorkmont Rd
neighborhood is English, spoken by 61.2% of households. Other important languages spoken here include South Asian languages, Hindi (which is the official language of India), Portuguese and Spanish.
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 W Tyvola Rd / Yorkmont Rd neighborhood spend
between 15 and 30 minutes commuting one-way to work (60.3% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (66.8%) 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 (20.5%) and 7.6% of residents also ride the bus 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.