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Real Estate Prices & Overview

Bannertown / Boones Hill median real estate price is $218,766, which is less expensive than 69.1% of North Carolina neighborhoods and 73.4% of all U.S. neighborhoods.

The average rental price in Bannertown / Boones Hill is currently $1,219, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.0% of North Carolina neighborhoods.

Bannertown / Boones Hill is a rural neighborhood (based on population density) located in Mount Airy, North Carolina.

Bannertown / Boones Hill real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Bannertown / Boones Hill 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.

Home and apartment vacancy rates are 6.7% in Bannertown / Boones Hill. NeighborhoodScout analysis shows that this rate is lower than 55.3% 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 Mount Airy, the Bannertown / Boones Hill neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 95.1% of all neighborhoods in America, with 30.1% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

Diversity

Did you know that the Bannertown / Boones Hill neighborhood has more Armenian and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.0% of this neighborhood's residents have Armenian ancestry and 22.6% have English ancestry.

The Neighbors

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 Bannertown / Boones Hill neighborhood in Mount Airy are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.5% of U.S. neighborhoods. With 21.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.2% of U.S. neighborhoods.

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 sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Bannertown / Boones Hill neighborhood, 33.1% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.8%), and 19.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Bannertown / Boones Hill neighborhood is English, spoken by 84.0% of households. Some people also speak Spanish (16.0%).

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 Bannertown / Boones Hill neighborhood in Mount Airy, NC, residents most commonly identify their ethnicity or ancestry as English (22.6%). There are also a number of people of Mexican ancestry (17.1%), and residents who report German roots (6.8%), and some of the residents are also of Irish ancestry (5.1%), along with some Puerto Rican ancestry residents (4.2%), among others. In addition, 10.9% of the residents of this neighborhood were born in another country.

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 Bannertown / Boones Hill neighborhood spend under 15 minutes commuting one-way to work (45.8% of working residents), one of the shortest commutes across America.

Here most residents (86.4%) 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 (8.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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