Real Estate Prices and Overview
Nicholtown median real estate prices are $91,819, which is more expensive than 37.8% of the neighborhoods
in South Carolina and 20.1% of the
neighborhoods in the U.S.
Average rental prices in Nicholtown are currently
$625, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 74.1% of South Carolina neighborhoods.
Nicholtown is a suburban neighborhood (based on population
density) located in Greenville, South Carolina.
Nicholtown real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the Nicholtown neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Nicholtown has a 16.8% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
78.3% 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.
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 Nicholtown neighborhood in Greenville are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 91.1% of U.S. neighborhoods.
With 45.2% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 87.8%
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 Nicholtown neighborhood, 36.5%
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
manufacturing and laborer occupations, with 30.6% of the residents employed.
Other residents here are employed in executive, management, and professional occupations
(21.3%), and 11.6% 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 Nicholtown neighborhood in Greenville, SC, residents
most commonly identify their ethnicity or ancestry as English
(2.8%). There are also a number of people of German ancestry (1.2%) .
The Neighbors: Languages
The most common language spoken in the Nicholtown
neighborhood is English, spoken by 94.1% of households. Some people also speak Spanish (5.4%).
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 Nicholtown neighborhood spend
between 15 and 30 minutes commuting one-way to work (52.0% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (84.1%) 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 (11.4%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.