Real Estate Prices and Overview
Forestbrook median real estate prices are $151,654, which is more expensive than 72.9% of the neighborhoods
in South Carolina and 46.5% of the
neighborhoods in the U.S.
Average rental prices in Forestbrook are currently
$929, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.1%
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
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
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
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 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
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 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 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 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
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 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.