Oneal Rd / Lakewood Dr median real estate price is $674,029, which is more expensive than 94.0% of the neighborhoods in North Carolina and 84.4% of the neighborhoods in the U.S.
The average rental price in Oneal Rd / Lakewood Dr is currently $2,170, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.6% of the neighborhoods in North Carolina.
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 10.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.7% 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.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
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, a majority of the adults in the Oneal Rd / Lakewood Dr neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for North Carolina by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 98.2% of the neighborhoods in North Carolina. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for college students and families with school-aged children.
Also, the rate of college educated adults in the Oneal Rd / Lakewood Dr neighborhood is a unique characteristic of the neighborhood. 77.7% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 33.7% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 97.2% of all U.S. neighborhoods.
Finally, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 95.8% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Oneal Rd / Lakewood Dr neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
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 95.0% 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.
Did you know that the Oneal Rd / Lakewood Dr neighborhood has more Scots-Irish and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.4% of this neighborhood's residents have Scots-Irish ancestry and 2.6% have British 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.
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 92.2% 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, 65.8% 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 22.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.0%), and 4.8% in manufacturing and laborer occupations.
The most common language spoken in the Oneal Rd / Lakewood Dr neighborhood is English, spoken by 94.8% of households.
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 Oneal Rd / Lakewood Dr neighborhood in Raleigh, NC, residents most commonly identify their ethnicity or ancestry as English (19.9%). There are also a number of people of German ancestry (15.0%), and residents who report Irish roots (11.3%), and some of the residents are also of Italian ancestry (8.8%), along with some Scots-Irish ancestry residents (4.4%), among others.
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 Oneal Rd / Lakewood Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (55.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (77.6%) 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.