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Real Estate Prices & Overview

Glenwood Ave / Southern Pkwy median real estate price is $973,781, which is more expensive than 97.9% of the neighborhoods in North Carolina and 92.3% of the neighborhoods in the U.S.

The average rental price in Glenwood Ave / Southern Pkwy is currently $2,851, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 88.1% of the neighborhoods in North Carolina.

Glenwood Ave / Southern Pkwy is a suburban neighborhood (based on population density) located in Raleigh, North Carolina.

Glenwood Ave / Southern Pkwy real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Glenwood Ave / Southern Pkwy neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Glenwood Ave / Southern Pkwy are 3.3%, which is lower than one will find in 79.6% of American neighborhoods. Demand for real estate in Glenwood Ave / Southern Pkwy is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Raleigh, the Glenwood Ave / Southern Pkwy neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Glenwood Ave / Southern Pkwy neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, divorcees may find friendship and understanding in this neighborhood, as 22.5% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 97.8% of the neighborhoods in America.

Real Estate

Homes built from 2000 through today make up a higher proportion of the Glenwood Ave / Southern Pkwy neighborhood's real estate landscape than 96.1% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 69.5% of the residential real estate here is classified as newer.

Diversity

Did you know that the Glenwood Ave / Southern Pkwy neighborhood has more Lithuanian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.6% of this neighborhood's residents have Lithuanian ancestry and 2.7% have Eastern European ancestry.

Glenwood Ave / Southern Pkwy is also pretty special linguistically. Significantly, 6.3% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 98.6% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Glenwood Ave / Southern Pkwy neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.1% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Glenwood Ave / Southern Pkwy neighborhood in Raleigh are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 59.3% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America'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 Glenwood Ave / Southern Pkwy neighborhood, 54.4% 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 25.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (12.8%), and 7.7% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Glenwood Ave / Southern Pkwy neighborhood is English, spoken by 84.7% of households. Some people also speak Tagalog (the first language of the Philippine region) (6.3%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Glenwood Ave / Southern Pkwy neighborhood in Raleigh, NC, residents most commonly identify their ethnicity or ancestry as German (13.4%). There are also a number of people of Asian ancestry (11.9%), and residents who report Irish roots (9.2%), and some of the residents are also of Lithuanian ancestry (6.6%), along with some English ancestry residents (6.2%), among others. In addition, 16.2% 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 Glenwood Ave / Southern Pkwy neighborhood spend between 15 and 30 minutes commuting one-way to work (55.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.1%) 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 (8.0%) . 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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