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Real Estate Prices & Overview

Frazier Crossroads / Gold Valley Crossroads median real estate price is $230,325, which is more expensive than 33.9% of the neighborhoods in North Carolina and 29.0% of the neighborhoods in the U.S.

The average rental price in Frazier Crossroads / Gold Valley Crossroads is currently $1,746, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.9% of North Carolina neighborhoods.

Frazier Crossroads / Gold Valley Crossroads is a remote neighborhood (based on population density) located in Middlesex, North Carolina.

Frazier Crossroads / Gold Valley Crossroads 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 Frazier Crossroads / Gold Valley Crossroads 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.

Frazier Crossroads / Gold Valley Crossroads has a 14.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.4% 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

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 Middlesex, the Frazier Crossroads / Gold Valley Crossroads neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 98.3% of all neighborhoods in America, with 43.1% 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.

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 Frazier Crossroads / Gold Valley Crossroads neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 4.4% of the workforce so employed, this neighborhood has a greater concentration of such workers than 96.3% of U.S. neighborhoods.

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 Frazier Crossroads / Gold Valley Crossroads neighborhood in Middlesex are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 60.3% of U.S. neighborhoods. In addition, 9.0% 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 53.2% of America'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 Frazier Crossroads / Gold Valley Crossroads neighborhood, 30.3% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.0%), and 18.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Frazier Crossroads / Gold Valley Crossroads neighborhood is English, spoken by 74.5% of households. Some people also speak Spanish (25.5%).

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 Frazier Crossroads / Gold Valley Crossroads neighborhood in Middlesex, NC, residents most commonly identify their ethnicity or ancestry as Mexican (24.7%). There are also a number of people of English ancestry (11.4%), and residents who report German roots (6.8%), and some of the residents are also of Irish ancestry (4.3%). In addition, 14.5% of the residents of this neighborhood were born in another country.

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 Frazier Crossroads / Gold Valley Crossroads neighborhood spend between 30 and 45 minutes commuting one-way to work (30.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (62.4%) 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 (16.9%) and 8.6% of residents also ride the bus for their daily commute. 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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