Real Estate Prices and Overview
Jaluco median real estate prices are $199,368, which is more expensive than 84.7% of the neighborhoods
in South Carolina and 61.1% of the
neighborhoods in the U.S.
Average rental prices in Jaluco are currently
$822, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.0%
of the neighborhoods in South Carolina.
Jaluco is a suburban neighborhood (based on population
density) located in Myrtle Beach, South Carolina.
Jaluco real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Jaluco neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in
Jaluco. The current real estate vacancy rate here is 24.5%.
This is higher than the rate of vacancies in 90.4% 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: Diversity
Did you know that the Jaluco neighborhood has more
Hungarian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.3% of
this neighborhood's residents have Hungarian ancestry.
Jaluco is also pretty special linguistically. Significantly, 0.4% of its residents five years old and above primarily
speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher
than 96.7% of the neighborhoods in America.
Notable & Unique: People
An extraordinary 16.4% of the residents of the
Jaluco neighborhood are currently enrolled in college. This is
such a large part of life in this neighborhood that the neighborhood changes
a great deal with the change of semesters and is far quieter during
the summer when many students are away.
In addition, the Jaluco neighborhood stands out within South Carolina
for its college student friendly environment. NeighborhoodScout's analysis
reveals that this neighborhood is home to a number of college students,
is relatively walkable, and above average in safety. In combination, this
makes it stand out for a good place for college students to consider.
Because a number of college students live here, this neighborhood may
be close to a college campus and offer certain amenities nearby geared
towards the student body. While it's not an environment for everyone,
ambitious scholars can enjoy seasonal excitement between semesters and
school breaks, and parents can rest easy knowing that the area has an
above average safety rating. For each of these reasons, the
neighborhood is rated among the top 9%
of college-friendly places to live in SC.
Notable & Unique: Occupations
There are more people living in the Jaluco neighborhood
employed as sales and service workers (55.7%) 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.
Notable & Unique: Real Estate
In addition, homes built from 2000 through today make up a higher proportion of the Jaluco neighborhood's real estate landscape than 98.1% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 65.3% of the residential real estate here is classified as newer.
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 Jaluco neighborhood in Myrtle Beach are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 62.5% of the neighborhoods in America.
With 17.7% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 54.2%
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 Jaluco neighborhood, 44.3%
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 30.2% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(18.8%), and 6.8% in manufacturing and laborer 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 Jaluco neighborhood in Myrtle Beach, SC, residents
most commonly identify their ethnicity or ancestry as Irish
(13.8%). There are also a number of people of Italian ancestry (10.4%) , and residents who report German roots (8.7%) , and some of the residents are also of English ancestry (7.8%) , along with some Polish ancestry residents (6.2%), among others.
The Neighbors: Languages
The most common language spoken in the Jaluco
neighborhood is English, spoken by 93.8% of households. Some people also speak Spanish (2.5%).
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 Jaluco neighborhood spend
between 15 and 30 minutes commuting one-way to work (51.0% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (90.6%) 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.