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Real Estate Prices & Overview

Chalybeate Springs / Rawls median real estate price is $310,097, which is more expensive than 59.4% of the neighborhoods in North Carolina and 47.9% of the neighborhoods in the U.S.

The average rental price in Chalybeate Springs / Rawls is currently $1,575, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 68.4% of North Carolina neighborhoods.

Chalybeate Springs / Rawls is a suburban neighborhood (based on population density) located in Fuquay-Varina, North Carolina.

Chalybeate Springs / Rawls 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 Chalybeate Springs / Rawls neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Chalybeate Springs / Rawls, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Chalybeate Springs / Rawls is very tight compared to the demand for property here.

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 Fuquay-Varina, the Chalybeate Springs / Rawls neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Chalybeate Springs / Rawls neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Chalybeate Springs / Rawls neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 33.5% of the households here have four, five, or more cars. That is more cars per household than in 95.3% of the neighborhoods in the nation.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Chalybeate Springs / Rawls neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 9.7% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 95.0% of all neighborhoods in America.

Diversity

Did you know that the Chalybeate Springs / Rawls neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.2% of this neighborhood's residents have Cuban 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 Chalybeate Springs / Rawls neighborhood in Fuquay-Varina are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 52.5% of the neighborhoods in America. In addition, 9.3% 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 53.2% 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 Chalybeate Springs / Rawls neighborhood, 38.5% 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 29.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.3%), and 12.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Chalybeate Springs / Rawls neighborhood is English, spoken by 90.1% of households. Some people also speak Spanish (7.5%).

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 Chalybeate Springs / Rawls neighborhood in Fuquay-Varina, NC, residents most commonly identify their ethnicity or ancestry as English (10.9%). There are also a number of people of Mexican ancestry (9.2%), and residents who report Irish roots (5.1%), and some of the residents are also of Polish ancestry (5.0%), along with some French ancestry residents (3.9%), 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 Chalybeate Springs / Rawls neighborhood spend between 30 and 45 minutes commuting one-way to work (24.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods. However, there is also a significant group of residents (9.7%) who commute over an hour in each direction.

Here most residents (81.7%) 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 (8.1%) . 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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