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Real Estate Prices & Overview

Rheasville median real estate price is $113,499, which is less expensive than 94.2% of North Carolina neighborhoods and 92.8% of all U.S. neighborhoods.

The average rental price in Rheasville is currently $1,284, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.0% of North Carolina neighborhoods.

Rheasville is a rural neighborhood (based on population density) located in Roanoke Rapids, North Carolina.

Rheasville real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) mobile homes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Rheasville 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.

Rheasville has a 13.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.8% 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 Roanoke Rapids, the Rheasville neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 99.0% of all neighborhoods in America, with 49.1% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Rheasville neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Rheasville neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 63.0% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.0% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Rheasville neighborhood has more single mother households than 95.6% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

In addition, the Rheasville neighborhood stands out for having an average per capita income lower than 95.3% of the neighborhoods in the United States.

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 Rheasville neighborhood in Roanoke Rapids are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.3% of U.S. neighborhoods. With 46.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.5% of U.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 Rheasville neighborhood, 34.3% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 23.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.9%), and 17.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Rheasville neighborhood is English, spoken by 96.6% of households. Some people also speak Spanish (3.3%).

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 Rheasville neighborhood in Roanoke Rapids, NC, residents most commonly identify their ethnicity or ancestry as English (7.1%). There are also a number of people of Mexican ancestry (5.3%), and residents who report Irish roots (2.6%), and some of the residents are also of Scots-Irish ancestry (2.5%), along with some German ancestry residents (2.2%), 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 Rheasville neighborhood spend under 15 minutes commuting one-way to work (63.0% of working residents), one of the shortest commutes across America.

Here most residents (78.4%) 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 (5.7%) and 5.4% of residents also hop out the door and walk to work for their daily commute. 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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