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Real Estate Prices & Overview

Walnut Creek / Elroy median real estate price is $321,906, which is more expensive than 52.9% of the neighborhoods in North Carolina and 44.1% of the neighborhoods in the U.S.

The average rental price in Walnut Creek / Elroy is currently $1,627, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.8% of North Carolina neighborhoods.

Walnut Creek / Elroy is a rural neighborhood (based on population density) located in Goldsboro, North Carolina.

Walnut Creek / Elroy 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 Walnut Creek / Elroy 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.

In Walnut Creek / Elroy, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 85.4% of all neighborhoods in the U.S. This means that the housing supply in Walnut Creek / Elroy 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 Goldsboro, the Walnut Creek / Elroy neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

With 3.0% of employed workers living in the Walnut Creek / Elroy neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 97.6% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

People

With a nice mix of college students, safety from crime, and decent walkability, the Walnut Creek / Elroy neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 85.2% of the neighborhoods in NC. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

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 Walnut Creek / Elroy neighborhood in Goldsboro are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.6% of the neighborhoods in America. With 15.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.4% 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 Walnut Creek / Elroy neighborhood, 43.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 18.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.7%), and 16.6% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Walnut Creek / Elroy neighborhood is English, spoken by 81.8% of households. Some people also speak Spanish (16.7%).

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 Walnut Creek / Elroy neighborhood in Goldsboro, NC, residents most commonly identify their ethnicity or ancestry as English (13.5%). There are also a number of people of Mexican ancestry (12.2%), and residents who report German roots (10.6%), and some of the residents are also of Irish ancestry (7.8%), along with some Italian ancestry residents (2.5%), 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 Walnut Creek / Elroy neighborhood spend between 15 and 30 minutes commuting one-way to work (64.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (86.1%) 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 (5.3%) . 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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