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Real Estate Prices & Overview

Fairbrook / Fairgrove median real estate price is $100,793, which is less expensive than 94.7% of North Carolina neighborhoods and 93.2% of all U.S. neighborhoods.

The average rental price in Fairbrook / Fairgrove is currently $1,133, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 97.3% of North Carolina neighborhoods.

Fairbrook / Fairgrove is a suburban neighborhood (based on population density) located in Hickory, North Carolina.

Fairbrook / Fairgrove real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Fairbrook / Fairgrove neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Fairbrook / Fairgrove has a 12.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.4% 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

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.

Occupations

More people work in manufacturing and as laborers here in the Fairbrook / Fairgrove neighborhood than in 99.7% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Modes of Transportation

Our research shows that more people carpool to work here in the Fairbrook / Fairgrove (25.6%) than in 97.5% of the neighborhoods in America.

People

The Fairbrook / Fairgrove neighborhood is unique for having just 6.7% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 95.2% of America's neighborhoods.

Diversity

Did you know that the Fairbrook / Fairgrove neighborhood has more Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.9% of this neighborhood's residents have Dutch 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 Fairbrook / Fairgrove neighborhood in Hickory are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 91.3% of U.S. neighborhoods. With 53.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.0% 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 Fairbrook / Fairgrove neighborhood, 58.4% of the working population is employed in manufacturing and laborer 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 19.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.3%), and 9.5% in executive, management, and professional occupations.

Languages

The most common language spoken in the Fairbrook / Fairgrove neighborhood is English, spoken by 80.7% of households. Some people also speak Spanish (19.1%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Fairbrook / Fairgrove neighborhood in Hickory, NC, residents most commonly identify their ethnicity or ancestry as Mexican (22.4%). There are also a number of people of German ancestry (13.9%), and residents who report Irish roots (6.4%), and some of the residents are also of Sub-Saharan African ancestry (4.3%), along with some African ancestry residents (4.3%), among others.

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 Fairbrook / Fairgrove neighborhood spend under 15 minutes commuting one-way to work (51.5% of working residents), one of the shortest commutes across America.

Here most residents (65.9%) 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 (25.6%) . 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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