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Real Estate Prices & Overview

Concord / Town Center median real estate price is $111,527, which is less expensive than 93.7% of North Carolina neighborhoods and 92.6% of all U.S. neighborhoods.

The average rental price in Concord / Town Center is currently $1,094, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 94.6% of North Carolina neighborhoods.

Concord / Town Center is a remote neighborhood (based on population density) located in Magnolia, North Carolina.

Concord / Town Center real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Concord / 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.

Concord / Town Center has a 13.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.9% 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Concord / Town Center neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 12.6% of the workforce so employed, this neighborhood has a greater concentration of such workers than 99.3% of U.S. neighborhoods.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 97.2% of all neighborhoods in America, with 37.3% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Concord / Town Center neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 36.4% of the households here have four, five, or more cars. That is more cars per household than in 96.8% of the neighborhoods in the nation.

People

Single parenting is hard. But you don't have to tell the Concord / Town Center neighborhood about it; they already know. 18.8% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 96.3% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Diversity

Did you know that the Concord / Town Center neighborhood has more Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.0% of this neighborhood's residents have Scottish 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 Concord / Town Center neighborhood in Magnolia are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 92.6% of U.S. neighborhoods. With 39.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.7% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Concord / Town Center 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 23.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.9%), and 12.6% in farming, forestry, or commercial fishing.

Languages

The most common language spoken in the Concord / Town Center neighborhood is English, spoken by 70.2% of households. Some people also speak Spanish (29.7%).

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 Concord / Town Center neighborhood in Magnolia, NC, residents most commonly identify their ethnicity or ancestry as Mexican (17.0%). There are also a number of people of English ancestry (9.5%), and residents who report Scottish roots (8.0%), and some of the residents are also of Irish ancestry (4.2%). In addition, 14.4% of the residents of this neighborhood were born in another country.

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 Concord / Town Center neighborhood spend between 15 and 30 minutes commuting one-way to work (47.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (84.1%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (6.6%) . 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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Economics & Demographics include:
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Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
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Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
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