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Real Estate Prices & Overview

Page Rd / Durwood Dr median real estate price is $388,140, which is more expensive than 68.8% of the neighborhoods in North Carolina and 56.4% of the neighborhoods in the U.S.

Average rental prices in the Page Rd / Durwood Dr neighborhood are currently unreported, based on NeighborhoodScout's exclusive analysis.

Page Rd / Durwood Dr is a rural neighborhood (based on population density) located in Raleigh, North Carolina.

Page Rd / Durwood 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 mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Page Rd / Durwood Dr neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Page Rd / Durwood Dr, 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 Page Rd / Durwood Dr is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

Real Estate

Owner-occupied real estate dominates the Page Rd / Durwood Dr neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 99.8% of neighborhoods in America. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Page Rd / Durwood Dr neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, homes built from 2000 through today make up a higher proportion of the Page Rd / Durwood Dr neighborhood's real estate landscape than 97.1% 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, 78.0% of the residential real estate here is classified as newer.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Page Rd / Durwood Dr neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 46.6% of the households here have four, five, or more cars. That is more cars per household than in 99.4% of the neighborhoods in the nation.

Modes of Transportation

A unique way of commuting is simply not to. And in the Page Rd / Durwood Dr neighborhood, analysis shows that 33.1% 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 98.2% 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

According to NeighborhoodScout's exclusive analysis, Page Rd / Durwood Dr is among the best neighborhoods for families in North Carolina. In fact, this neighborhood is more family-friendly than 98.0% of neighborhoods in the entire state of North Carolina. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Page Rd / Durwood Dr neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for first-time home buyers and college students.

Diversity

Did you know that the Page Rd / Durwood Dr neighborhood has more French and Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 33.9% of this neighborhood's residents have French ancestry and 44.6% have 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 Page Rd / Durwood 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 89.7% of the neighborhoods in America. In addition, 6.9% 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 58.8% 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 Page Rd / Durwood Dr neighborhood, 53.8% 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 22.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.4%), and 8.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Page Rd / Durwood Dr neighborhood is English, spoken by 98.1% of households. Some people also speak Polish (3.4%).

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 Page Rd / Durwood Dr neighborhood in Raleigh, NC, residents most commonly identify their ethnicity or ancestry as Irish (44.6%). There are also a number of people of French ancestry (33.9%), and residents who report English roots (22.6%), and some of the residents are also of German ancestry (9.8%), along with some Eastern European ancestry residents (7.8%), 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 Page Rd / Durwood Dr neighborhood spend between 45 minutes and one hour commuting one-way to work (62.7% of working residents), longer and tougher than most commutes in America.

Here most residents (61.8%) 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 (5.1%) . 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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