Real Estate Prices and Overview
Overbrook median real estate prices are $144,425, which is more expensive than 68.4% of the neighborhoods
in South Carolina and 43.4% of the
neighborhoods in the U.S.
Average rental prices in Overbrook are currently
$751, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 45.3% of South Carolina neighborhoods.
Overbrook is a suburban neighborhood (based on population
density) located in Greenville, South Carolina.
Overbrook real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Overbrook neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in
Overbrook. The current real estate vacancy rate here is 18.0%.
This is higher than the rate of vacancies in 81.1% of
all U.S. neighborhoods. This can sometimes be the case in neighborhoods
dominated by seasonal homes (such as vacation areas), and occasionally
it is also found in neighborhoods that are primarily filled with college
students, as some apartments could be vacant when school is not in session.
But often neighborhoods with vacancy rates this high are places that
can be plagued by a protracted vacancy problem. If you live here, you
may find that a number of buildings in your neighborhood are actually empty.
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 Overbrook 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 91.7% of U.S. neighborhoods.
With 28.6% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 71.5%
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 Overbrook neighborhood, 38.5%
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 23.4% of the residents employed.
Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants
(23.0%), and 15.1% in manufacturing and laborer occupations.
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 Overbrook neighborhood in Greenville, SC, residents
most commonly identify their ethnicity or ancestry as Mexican
(14.5%). There are also a number of people of English ancestry (13.0%) , and residents who report Irish roots (8.1%) , and some of the residents are also of German ancestry (7.0%) , along with some Asian ancestry residents (3.8%), among others.
The Neighbors: Languages
The most common language spoken in the Overbrook
neighborhood is English, spoken by 93.7% of households. Some people also speak Spanish (4.1%).
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 Overbrook neighborhood spend
under 15 minutes commuting one-way to work (57.6% of working
residents), one of the shortest commutes across America.
Here most residents (90.8%) 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 (8.5%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.