Louis Stephens Dr / Kitt Creek Rd median real estate price is $739,485, which is more expensive than 94.6% of the neighborhoods in North Carolina and 84.3% of the neighborhoods in the U.S.
The average rental price in Louis Stephens Dr / Kitt Creek Rd is currently $2,868, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 91.8% of the neighborhoods in North Carolina.
Louis Stephens Dr / Kitt Creek Rd is a rural neighborhood (based on population density) located in Cary, North Carolina.
Louis Stephens Dr / Kitt Creek Rd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Louis Stephens Dr / Kitt Creek Rd neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Louis Stephens Dr / Kitt Creek Rd has a 14.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.6% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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
Renter-occupied real estate is dominant in the Louis Stephens Dr / Kitt Creek Rd neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
In addition, the Louis Stephens Dr / Kitt Creek Rd neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 93.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Furthermore, homes built from 2000 through today make up a higher proportion of the Louis Stephens Dr / Kitt Creek Rd neighborhood's real estate landscape than 98.4% 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, 87.5% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
Also of note, the real estate in the Louis Stephens Dr / Kitt Creek Rd neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 89.0% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.0% of American neighborhoods.
Occupations
Executives, managers and professionals make up 80.9% of the workforce in the Louis Stephens Dr / Kitt Creek Rd neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.2% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Modes of Transportation
In the Louis Stephens Dr / Kitt Creek Rd neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 32.5% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 98.0% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
People
NeighborhoodScout's analysis shows that the Louis Stephens Dr / Kitt Creek Rd neighborhood has a greater concentration of residents currently enrolled in college than 97.6% of the neighborhoods in the U.S. With 19.6% of the population here attending college, this is very much a college-focused neighborhood.
In addition, if you're looking for an active nightlife with lots of opportunities to flirt and find romance, then you probably won't have to go too far from the Louis Stephens Dr / Kitt Creek Rd neighborhood to find it. Only 4.5% of the neighborhoods in the country have a larger proportion of young, single professionals. The nightlife may not be reminiscent of a "Sex and the City" episode, but the people who live here find friendship, romance, fun, and socializing readily available.
Diversity
Did you know that the Louis Stephens Dr / Kitt Creek Rd neighborhood has more Welsh and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have Welsh ancestry and 30.2% have Asian ancestry.
Louis Stephens Dr / Kitt Creek Rd is also pretty special linguistically. Significantly, 16.8% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.
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 Louis Stephens Dr / Kitt Creek Rd 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 61.3% of the neighborhoods in America. With 32.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.5% 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 Louis Stephens Dr / Kitt Creek Rd neighborhood, 80.9% 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 16.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (2.7%).
Languages
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Louis Stephens Dr / Kitt Creek Rd neighborhood is English, spoken by 66.1% of households. Other important languages spoken here include Langs. of India, Spanish and Arabic.
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 Louis Stephens Dr / Kitt Creek Rd neighborhood in Cary, NC, residents most commonly identify their ethnicity or ancestry as Asian (30.2%). There are also a number of people of German ancestry (13.5%), and residents who report English roots (10.9%), and some of the residents are also of French ancestry (7.6%), along with some Norwegian ancestry residents (5.6%), among others. In addition, 26.0% of the residents of this neighborhood were born in another country.
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 Louis Stephens Dr / Kitt Creek Rd neighborhood spend under 15 minutes commuting one-way to work (39.7% 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 a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
