Real Estate Prices and Overview
Skibo median real estate prices are $99,026, which is less expensive than 73.4% of North Carolina neighborhoods
and 76.4% of all U.S. neighborhoods.
Average rental prices in Skibo are currently
$998, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.9%
of the neighborhoods in North Carolina.
Skibo is a suburban neighborhood (based on population
density) located in Fayetteville, North Carolina.
Skibo 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 Skibo neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.
Skibo has a 16.1% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
76.6% 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
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: Occupations
With 20.0% of employed workers living in the
Skibo neighborhood active in the military, this neighborhood has
the distinction of having a higher proportion of people in the military
than 99.7% of American neighborhoods. This is a major
shaper of the neighborhood's culture and character.
Notable & Unique: Diversity
Did you know that the Skibo neighborhood has more
Scots-Irish and Czechoslovakian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 3.9% of
this neighborhood's residents have Scots-Irish ancestry and 0.5% have Czechoslovakian ancestry.
Skibo is also pretty special linguistically. Significantly, 5.1% 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.
The Neighbors: Income
There are two complementary 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 Skibo neighborhood in Fayetteville are middle-income, making it a moderate income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 49.6% of the neighborhoods in America.
In addition, 1.7% 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 85.9%
of America'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 Skibo neighborhood, 41.5%
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 30.4% of the residents employed.
Other residents here are employed in the military
(20.0%), and 16.5% in clerical, assistant, and tech support occupations.
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 Skibo neighborhood in Fayetteville, NC, residents
most commonly identify their ethnicity or ancestry as German
(11.9%). There are also a number of people of Irish ancestry (6.9%) , and residents who report Mexican roots (4.9%) , and some of the residents are also of Italian ancestry (4.1%) , along with some Puerto Rican ancestry residents (4.0%), among others. In addition, 11.1% 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 Skibo
neighborhood is English, spoken by 78.3% of households. Other important languages spoken here include Spanish, Korean, Vietnamese and German.
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 Skibo neighborhood spend
between 15 and 30 minutes commuting one-way to work (53.7% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (89.8%) 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 (9.0%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.