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Real Estate Prices & Overview

Lake Pine Dr / Brookgreen Dr median real estate price is $422,646, which is more expensive than 73.8% of the neighborhoods in North Carolina and 60.8% of the neighborhoods in the U.S.

The average rental price in Lake Pine Dr / Brookgreen Dr is currently $2,932, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.9% of the neighborhoods in North Carolina.

Lake Pine Dr / Brookgreen Dr is a suburban neighborhood (based on population density) located in Cary, North Carolina.

Lake Pine Dr / Brookgreen Dr real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Lake Pine Dr / Brookgreen Dr neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Lake Pine Dr / Brookgreen Dr are 5.9%, which is lower than one will find in 60.4% of American neighborhoods. Demand for real estate in Lake Pine Dr / Brookgreen Dr is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Lake Pine Dr / Brookgreen Dr stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 91.5% of the residential real estate here was built in this one time period.

People

Divorcees may find friendship and understanding in this neighborhood, as 21.0% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 96.7% of the neighborhoods in America.

In addition, if you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Lake Pine Dr / Brookgreen Dr neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 15.0% executive lifestyle neighborhoods in the state of North Carolina.

Diversity

Did you know that the Lake Pine Dr / Brookgreen Dr neighborhood has more Scots-Irish and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.0% of this neighborhood's residents have Scots-Irish ancestry and 32.1% have English 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 Lake Pine Dr / Brookgreen Dr neighborhood in Cary are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 79.0% of the neighborhoods in America. In addition, 1.2% 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 78.1% of America's neighborhoods.

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 Lake Pine Dr / Brookgreen Dr neighborhood, 56.8% 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 20.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.5%), and 7.9% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Lake Pine Dr / Brookgreen Dr neighborhood is English, spoken by 91.8% of households. Some people also speak Chinese (2.4%).

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 Lake Pine Dr / Brookgreen Dr neighborhood in Cary, NC, residents most commonly identify their ethnicity or ancestry as English (32.1%). There are also a number of people of Irish ancestry (12.9%), and residents who report Scots-Irish roots (11.0%), and some of the residents are also of German ancestry (9.8%), along with some Italian ancestry residents (8.9%), 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 Lake Pine Dr / Brookgreen Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (54.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.1%) 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.


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