Real Estate Prices and Overview
Forestbrook median real estate prices are $151,654, which is more expensive than 73.0% of the neighborhoods
in South Carolina and 46.6% of the
neighborhoods in the U.S.
Average rental prices in Forestbrook are currently
$789, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 77.8%
of the neighborhoods in South Carolina.
Forestbrook is a suburban neighborhood (based on population
density) located in Myrtle Beach, South Carolina.
Forestbrook 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 Forestbrook 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.
Vacant apartments or homes are a major fact of life in
Forestbrook. The current real estate vacancy rate here is 30.7%.
This is higher than the rate of vacancies in 94.4% 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.
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 Myrtle Beach,
the Forestbrook neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Occupations
There are more people living in the Forestbrook neighborhood
employed as sales and service workers (54.3%) than almost any neighborhood
in the country. From fast-food service workers to major sales accounts,
sales and service workers make up the largest proportion of our national
employment picture. But despite that size and importance nationally, this
neighborhood still stands out as unique due to the dominance of people
living here who work in such occupations.
The Neighbors: Income
There are two complimentary 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 Forestbrook neighborhood in Myrtle Beach are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 60.8% of U.S. neighborhoods.
With 21.4% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 60.7%
of U.S. neighborhoods.
The Neighbors: Occupations
What we choose to do for a living reflects who we are. Each neighborhood has
a different mix of occupations represented, and together these tell you about
the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Forestbrook neighborhood, 45.7%
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 27.1% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(14.8%), and 12.4% in clerical, assistant, and tech support 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 Forestbrook neighborhood in Myrtle Beach, SC, residents
most commonly identify their ethnicity or ancestry as Irish
(12.6%). There are also a number of people of English ancestry (11.8%) , and residents who report German roots (10.8%) , and some of the residents are also of Italian ancestry (6.2%) , along with some Mexican ancestry residents (3.7%), among others.
The Neighbors: Languages
The most common language spoken in the Forestbrook
neighborhood is English, spoken by 91.1% of households. Some people also speak Spanish (7.8%).
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 Forestbrook neighborhood spend
between 15 and 30 minutes commuting one-way to work (45.0% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (90.2%) 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 (5.8%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.