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Real Estate Prices & Overview

Kipling median real estate price is $350,006, which is more expensive than 64.7% of the neighborhoods in North Carolina and 53.3% of the neighborhoods in the U.S.

The average rental price in Kipling is currently $2,520, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.1% of the neighborhoods in North Carolina.

Kipling is a suburban neighborhood (based on population density) located in Fuquay-Varina, North Carolina.

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

In Kipling, the current vacancy rate is 3.1%, which is a lower rate of vacancies than 80.6% of all neighborhoods in the U.S. This means that the housing supply in Kipling 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 Kipling neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Kipling neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Kipling community truly stands out from the rest in this regard.

Diversity

Did you know that the Kipling neighborhood has more Danish and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.3% of this neighborhood's residents have Danish ancestry and 4.3% have British 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 Kipling 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 59.2% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Kipling neighborhood, 35.1% 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 27.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.0%), and 15.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Kipling neighborhood is English, spoken by 99.2% 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 Kipling neighborhood in Fuquay-Varina, NC, residents most commonly identify their ethnicity or ancestry as German (14.9%). There are also a number of people of English ancestry (9.2%), and residents who report Irish roots (6.7%), and some of the residents are also of Danish ancestry (6.3%), along with some British ancestry residents (4.3%), 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 Kipling neighborhood spend between 45 minutes and one hour commuting one-way to work (42.5% of working residents), longer and tougher than most commutes in America.

Here most residents (80.0%) 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 (16.5%) . 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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