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Real Estate Prices & Overview

Bingham Heights median real estate price is $218,326, which is less expensive than 69.3% of North Carolina neighborhoods and 73.5% of all U.S. neighborhoods.

The average rental price in Bingham Heights is currently $2,208, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.2% of the neighborhoods in North Carolina.

Bingham Heights is a suburban neighborhood (based on population density) located in Asheville, North Carolina.

Bingham Heights real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is renter occupied. Many of the residences in the Bingham Heights 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 Bingham Heights. The current real estate vacancy rate here is 30.3%. This is higher than the rate of vacancies in 94.8% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. 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

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 get around.

People

In a nation where 1 out of every 4 children lives in poverty, the Bingham Heights neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Bingham Heights neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.2% of all American neighborhoods.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 96.6% of all neighborhoods in America, with 34.9% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

Diversity

Did you know that the Bingham Heights neighborhood has more Ukrainian and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.2% of this neighborhood's residents have Ukrainian ancestry and 1.3% have Austrian 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 Bingham Heights neighborhood in Asheville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 91.1% of U.S. neighborhoods. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Bingham Heights neighborhood, 41.2% 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 manufacturing and laborer occupations, with 22.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.1%), and 16.1% in executive, management, and professional occupations.

Languages

The most common language spoken in the Bingham Heights neighborhood is English, spoken by 81.7% of households. Some people also speak Spanish (14.7%).

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 Bingham Heights neighborhood in Asheville, NC, residents most commonly identify their ethnicity or ancestry as English (19.4%). There are also a number of people of Mexican ancestry (16.6%), and residents who report German roots (6.5%), and some of the residents are also of Irish ancestry (5.3%), along with some South American ancestry residents (3.7%), among others. In addition, 11.7% of the residents of this neighborhood were born in another country.

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 Bingham Heights neighborhood spend between 15 and 30 minutes commuting one-way to work (70.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (77.6%) 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 (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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