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Real Estate Prices & Overview

Median real estate price in the Town Center of Pittsboro is $437,867, which is more expensive than 75.0% of the neighborhoods in North Carolina and 62.3% of the neighborhoods in the U.S.

The average rental price in Pittsboro Town Center is currently $1,562, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.8% of North Carolina neighborhoods.

Pittsboro Town Center is a rural neighborhood (based on population density) located in Pittsboro, North Carolina.

Real estate in the Town Center of Pittsboro, NC is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Town Center 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.

Home and apartment vacancy rates are 6.3% in Pittsboro Town Center. NeighborhoodScout analysis shows that this rate is lower than 58.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Pittsboro, the Town Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

If you are planning to retire in North Carolina, this neighborhood should be on your must-see list. For many reasons, Pittsboro Town Center may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in North Carolina, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.0% of neighborhoods in NC. If a North Carolina retirement is in your future, this neighborhood should be one of the places you visit.

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 Town Center neighborhood in Pittsboro are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 61.5% of U.S. neighborhoods. In addition, 6.7% 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 59.4% of America'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 Pittsboro Town Center neighborhood, 55.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 15.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (14.4%), and 14.4% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Pittsboro Town Center neighborhood is English, spoken by 96.5% of households. Other important languages spoken here include Italian and Spanish.

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 Town Center neighborhood in Pittsboro, NC, residents most commonly identify their ethnicity or ancestry as German (15.7%). There are also a number of people of English ancestry (12.7%), and residents who report Polish roots (3.4%), and some of the residents are also of Irish ancestry (3.2%), along with some Scots-Irish ancestry residents (2.6%), 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 Pittsboro Town Center neighborhood spend between 15 and 30 minutes commuting one-way to work (31.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (78.5%) 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 (8.7%) and 6.0% of residents also carpool with coworkers, friends, or neighbors 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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