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Real Estate Prices & Overview

Oneal Rd / Lakewood Dr median real estate price is $639,267, which is more expensive than 91.2% of the neighborhoods in North Carolina and 79.5% of the neighborhoods in the U.S.

The average rental price in Oneal Rd / Lakewood Dr is currently $1,911, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.1% of North Carolina neighborhoods.

Oneal Rd / Lakewood Dr is a suburban neighborhood (based on population density) located in Raleigh, North Carolina.

Oneal Rd / Lakewood Dr real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Oneal Rd / Lakewood Dr 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.

Oneal Rd / Lakewood Dr has a 12.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 70.7% 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 Raleigh, the Oneal Rd / Lakewood Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Oneal Rd / Lakewood Dr neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Oneal Rd / Lakewood Dr community truly stands out from the rest in this regard.

In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Oneal Rd / Lakewood Dr neighborhood may actually hold the key. 74.4% of its residents are married, which is a higher percentage than is found in 98.8% of the neighborhoods in America.

Also, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 78.4% of the adults living in the Oneal Rd / Lakewood Dr neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 97.3% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Finally, the Oneal Rd / Lakewood Dr neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 94.7% of North Carolina neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children, college students and urban sophisticates.

Real Estate

One way that the Oneal Rd / Lakewood Dr neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.1% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Diversity

Did you know that the Oneal Rd / Lakewood Dr neighborhood has more English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 22.1% of this neighborhood's residents have English ancestry.

Oneal Rd / Lakewood Dr is also pretty special linguistically. Significantly, 0.7% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 96.0% of the neighborhoods in America.

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 Oneal Rd / Lakewood Dr neighborhood in Raleigh are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 94.2% 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.

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 Oneal Rd / Lakewood Dr neighborhood, 65.4% 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 17.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.9%), and 6.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Oneal Rd / Lakewood Dr neighborhood is English, spoken by 93.8% of households. Some people also speak Spanish (3.5%).

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 Oneal Rd / Lakewood Dr neighborhood in Raleigh, NC, residents most commonly identify their ethnicity or ancestry as English (22.1%). There are also a number of people of German ancestry (13.6%), and residents who report Irish roots (11.3%), and some of the residents are also of Italian ancestry (7.5%), along with some Puerto Rican ancestry residents (3.1%), 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 Oneal Rd / Lakewood Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (57.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (72.5%) drive alone in a private automobile to get to work. 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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