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Real Estate Prices & Overview

Median real estate price in the Town Center of Edenton is $323,638, which is more expensive than 56.4% of the neighborhoods in North Carolina and 46.3% of the neighborhoods in the U.S.

The average rental price in Edenton Town Center is currently $1,055, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 95.8% of North Carolina neighborhoods.

Edenton Town Center is a rural neighborhood (based on population density) located in Edenton, North Carolina. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Real estate in the Town Center of Edenton, NC is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Edenton Town Center has a 15.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.8% 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.

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 Edenton, the Town Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Edenton Town Center is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Edenton Town Center is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Edenton Town Center neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Edenton Town Center neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 57.8% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 95.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

If you're nearing retirement age, or in retirement, the Edenton Town Center is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 7.9% of retiree-friendly neighborhoods in North Carolina, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in North Carolina.

Diversity

Did you know that the Edenton Town Center neighborhood has more Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.5% of this neighborhood's residents have Scots-Irish ancestry.

The Neighbors

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 Town Center neighborhood in Edenton are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 82.4% of U.S. neighborhoods. With 51.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.7% of U.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 Edenton Town Center neighborhood, 34.7% 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 executive, management, and professional occupations, with 24.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.2%), and 18.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Edenton Town Center neighborhood is English, spoken by 99.3% of households.

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 neighborhood in Edenton, NC, residents most commonly identify their ethnicity or ancestry as English (12.9%). There are also a number of people of German ancestry (5.9%), and residents who report Irish roots (4.8%), and some of the residents are also of Scots-Irish ancestry (3.5%), along with some Swedish ancestry residents (2.6%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Edenton Town Center neighborhood spend under 15 minutes commuting one-way to work (57.8% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (10.5%) who commute over an hour in each direction.

Here most residents (72.6%) 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 (19.6%) . 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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