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Real Estate Prices & Overview

Town Center / Sharps Corners median real estate price is $298,729, which is more expensive than 61.2% of the neighborhoods in Michigan and 40.3% of the neighborhoods in the U.S.

The average rental price in Town Center / Sharps Corners is currently $1,378, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.4% of Michigan neighborhoods.

Town Center / Sharps Corners is a remote neighborhood (based on population density) located in Prudenville, Michigan.

Town Center / Sharps Corners 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 owner occupied. Many of the residences in the Town Center / Sharps Corners neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Town Center / Sharps Corners. The current real estate vacancy rate here is 51.7%. This is higher than the rate of vacancies in 98.8% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (48.0%). This can occur in 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. If you live here year round, 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 Prudenville, the Town Center / Sharps Corners neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Despite all of the residential real estate here in the Town Center / Sharps Corners neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 51.7%, which is higher than 98.8% of all U.S. neighborhoods.

Diversity

Did you know that the Town Center / Sharps Corners neighborhood has more Scots-Irish and Croatian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.0% of this neighborhood's residents have Scots-Irish ancestry and 1.2% have Croatian ancestry.

The Neighbors

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 Town Center / Sharps Corners neighborhood in Prudenville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.5% of U.S. neighborhoods. With 21.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.4% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Town Center / Sharps Corners neighborhood, 41.1% of the working population is employed in executive, management, and professional 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 36.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.1%), and 6.4% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Town Center / Sharps Corners neighborhood is English, spoken by 98.4% of households. Some people also speak Italian (3.9%).

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 Town Center / Sharps Corners neighborhood in Prudenville, MI, residents most commonly identify their ethnicity or ancestry as German (22.4%). There are also a number of people of Irish ancestry (18.0%), and residents who report English roots (14.8%), and some of the residents are also of Polish ancestry (9.5%), along with some Scots-Irish ancestry residents (5.0%), among others.

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 Town Center / Sharps Corners neighborhood spend under 15 minutes commuting one-way to work (48.9% of working residents), one of the shortest commutes across America.

Here most residents (64.5%) 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 (10.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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