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 45.0% 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 87.7%
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
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
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
Some neighborhoods have more internal cohesiveness than others. While other
neighborhoods feel like a collection of strangers who just happen to live
near each other. Sometimes this comes down to not only the personalities
of the people in a place, but how long people have been together in that
neighborhood. NeighborhoodScout's research has revealed some interesting
things about the rootedness of people in the W Tyvola Rd / Yorkmont Rd
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
The rate of college educated adults in the W Tyvola Rd / Yorkmont Rd neighborhood
is a unique characteristic of the neighborhood. 69.7% of
adults here have received at least a 4-year bachelor's degree, compared to
the average neighborhood in America, which has 22.6% of the adults with a
bachelor's degree. The rate here is higher than NeighborhoodScout found in
96.6% of all U.S. neighborhoods.
Notable & Unique: Real Estate
In addition, renter-occupied real estate is dominant in the W Tyvola Rd / Yorkmont Rd neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 86.9%, which is higher than 96.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Furthermore, the real estate in the W Tyvola Rd / Yorkmont Rd neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 71.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.1% of American neighborhoods.
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 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
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 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 the shared learned behavior of peoples. Undeniably, different ethnicities
and ancestries have different cultural traditions, and as a result, neighborhoods
with concentrations of residents of one or another ethnicities or ancestries
will express those cultures. It is what makes the North End in Boston so fun
to visit for the Italian restaurants, bakeries, culture, and charm, and similarly,
why people enjoy visiting Chinatown in San Francisco.
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
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 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.