Real Estate Prices and Overview
Arkwright median real estate prices are $90,669, which is more expensive than 36.7% of the neighborhoods
in South Carolina and 19.6% of the
neighborhoods in the U.S.
Average rental prices in Arkwright are currently
$660, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 65.0% of South Carolina neighborhoods.
Arkwright is a suburban neighborhood (based on population
density) located in Spartanburg, South Carolina.
Arkwright real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the Arkwright neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 10.4% in
Arkwright. NeighborhoodScout analysis shows that this rate is lower
than 44.5% of the neighborhoods in the nation, approximately
near the middle range for vacancies.
Notable & Unique Neighborhood Characteristics
The way a neighborhood looks and feels when you walk or drive around it, from
its setting, its buildings, and its flavor, can make all the difference. This
neighborhood has some really cool things about the way it looks and feels as
revealed by NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
Notable & Unique: Occupations
NeighborhoodScout's exclusive research identifies the Arkwright
neighborhood as having one of the highest concentrations of people employed
in manufacturing or as laborers of any neighborhood in America. In fact,
despite the loss of manufacturing jobs nationally, this neighborhood has
49.8% of its working residents employed in such fields, which is a
higher proportion than 99.3% of American neighborhoods.
Notable & Unique: People
Of note, 66.9% of the children in this area
live in poverty; an extraordinarily high percentage compared to other
neighborhoods in the nation. In a nation where approximately one in
four children grows up in poverty, this neighborhood stands out for
the depth of the problem manifested here.
Notable & Unique: Diversity
Significantly, 0.2% 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 95.9% of the neighborhoods in America.
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 Arkwright neighborhood in Spartanburg are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 75.9% of U.S. neighborhoods.
With 66.9% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 97.2%
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 Arkwright neighborhood, 49.8%
of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is
sales and service jobs, from major sales accounts, to working in fast food restaurants, with 20.1% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(18.3%), and 11.9% in executive, management, and professional occupations.
The Neighbors: Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves,
Los Angeles' Persian neighborhoods. Each has its own culture derived primarily
from the ancestries and culture of the residents who call these neighborhoods
home. Likewise, each neighborhood in America has its own culture – some more
unique than others – based on lifestyle, occupations, the types of households
– and importantly – on the ethnicities and ancestries of the people who live
in the neighborhood. Understanding where people came from, who their grandparents
or great-grandparents were, can help you understand how a neighborhood is today.
In the Arkwright neighborhood in Spartanburg, SC, residents
most commonly identify their ethnicity or ancestry as Irish
(4.2%). There are also a number of people of Asian ancestry (3.7%) , and residents who report Mexican roots (2.4%) , and some of the residents are also of English ancestry (1.9%) , along with some German ancestry residents (1.1%), among others.
The Neighbors: Languages
The most common language spoken in the Arkwright
neighborhood is English, spoken by 90.5% of households. Some people also speak Spanish (5.5%).
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 Arkwright neighborhood spend
between 15 and 30 minutes commuting one-way to work (40.1% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (82.7%) 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 (17.2%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.