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Real Estate Prices & Overview

Newell South median real estate price is $258,946, which is less expensive than 59.8% of North Carolina neighborhoods and 66.1% of all U.S. neighborhoods.

The average rental price in Newell South is currently $2,543, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 84.9% of the neighborhoods in North Carolina.

Newell South is a suburban neighborhood (based on population density) located in Charlotte, North Carolina.

Newell South real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Newell South 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.

Real estate vacancies in Newell South are 3.6%, which is lower than one will find in 76.1% of American neighborhoods. Demand for real estate in Newell South 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.

Modes of Transportation

A unique way of commuting is simply not to. And in the Newell South neighborhood, analysis shows that 36.7% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 99.1% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 95.6% of all neighborhoods in America, with 31.5% 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

Significantly, 0.8% 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 98.6% of the neighborhoods in America.

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 Newell South neighborhood in Charlotte are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.9% of U.S. neighborhoods. With 21.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.9% 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 Newell South neighborhood, 37.6% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 31.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.0%), and 9.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Newell South neighborhood is Spanish, spoken by 50.9% of households. Some people also speak English (45.7%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Newell South neighborhood in Charlotte, NC, residents most commonly identify their ethnicity or ancestry as Mexican (49.5%). There are also a number of people of German ancestry (3.8%), and residents who report Puerto Rican roots (3.1%), and some of the residents are also of Irish ancestry (3.0%), along with some English ancestry residents (2.8%), among others. In addition, 30.7% 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 Newell South neighborhood spend between 30 and 45 minutes commuting one-way to work (39.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (50.8%) 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 (8.5%) . 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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