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Real Estate Prices & Overview

Ligon Mill Rd / Greenville Loop Rd median real estate price is $460,219, which is more expensive than 77.0% of the neighborhoods in North Carolina and 64.4% of the neighborhoods in the U.S.

The average rental price in Ligon Mill Rd / Greenville Loop Rd is currently $1,995, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.9% of the neighborhoods in North Carolina.

Ligon Mill Rd / Greenville Loop Rd is a suburban neighborhood (based on population density) located in Raleigh, North Carolina.

Ligon Mill Rd / Greenville Loop Rd real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Ligon Mill Rd / Greenville Loop Rd neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Ligon Mill Rd / Greenville Loop Rd, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Ligon Mill Rd / Greenville Loop Rd is very tight compared to the demand for property here.

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 Ligon Mill Rd / Greenville Loop Rd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

With a real estate vacancy rate of only 0.0%, the Ligon Mill Rd / Greenville Loop Rd neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

In addition, homes built from 2000 through today make up a higher proportion of the Ligon Mill Rd / Greenville Loop Rd neighborhood's real estate landscape than 98.1% 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, 84.6% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

Modes of Transportation

A unique way of commuting is simply not to. And in the Ligon Mill Rd / Greenville Loop Rd neighborhood, analysis shows that 28.3% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 95.8% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

People

The Ligon Mill Rd / Greenville Loop Rd neighborhood stands out within North Carolina for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 6.8% of college-friendly places to live in NC. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for highly educated executives.

Diversity

Did you know that the Ligon Mill Rd / Greenville Loop Rd neighborhood has more Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.9% of this neighborhood's residents have Scots-Irish ancestry.

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 Ligon Mill Rd / Greenville Loop Rd neighborhood in Raleigh are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.7% of the neighborhoods in America. In addition, 1.8% 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 75.9% 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 Ligon Mill Rd / Greenville Loop Rd neighborhood, 55.8% 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 24.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.8%), and 8.1% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Ligon Mill Rd / Greenville Loop Rd neighborhood is English, spoken by 77.5% of households. Some people also speak Spanish (10.0%).

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 Ligon Mill Rd / Greenville Loop Rd neighborhood in Raleigh, NC, residents most commonly identify their ethnicity or ancestry as Irish (9.0%). There are also a number of people of English ancestry (8.4%), and residents who report Sub-Saharan African roots (7.6%), and some of the residents are also of German ancestry (7.5%), along with some Asian ancestry residents (6.7%), among others. In addition, 20.2% 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 Ligon Mill Rd / Greenville Loop Rd neighborhood spend between 15 and 30 minutes commuting one-way to work (45.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (65.4%) 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 (6.3%) . 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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