Median real estate price in the Town Center of Siler City is $227,891, which is less expensive than 72.1% of North Carolina neighborhoods and 75.2% of all U.S. neighborhoods.
The average rental price in Siler City Town Center is currently $2,130, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.5% of the neighborhoods in North Carolina.
Siler City Town Center is a rural neighborhood (based on population density) located in Siler City, North Carolina.
Real estate in the Town Center of Siler City, NC is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Town Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Siler City Town Center are 4.8%, which is lower than one will find in 66.4% of American neighborhoods. Demand for real estate in Siler City Town Center is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 Siler City, the Town Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
NeighborhoodScout's exclusive research identifies the Siler City Town Center neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 47.9% of its working residents employed in such fields, which is a higher proportion than 98.4% of American neighborhoods.
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 Town Center neighborhood in Siler City are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 80.3% of U.S. neighborhoods. With 51.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.5% of U.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 Siler City Town Center neighborhood, 47.9% of the working population is employed in manufacturing and laborer 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 20.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.2%), and 12.7% in clerical, assistant, and tech support occupations.
The most common language spoken in the Siler City Town Center neighborhood is English, spoken by 50.9% of households. Some people also speak Spanish (48.3%).
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 Town Center neighborhood in Siler City, NC, residents most commonly identify their ethnicity or ancestry as Mexican (28.2%). There are also a number of people of English ancestry (4.1%), and residents who report Irish roots (2.7%), and some of the residents are also of German ancestry (1.9%). In addition, 27.5% of the residents of this neighborhood were born in another country.
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 Siler City Town Center neighborhood spend under 15 minutes commuting one-way to work (41.2% of working residents), one of the shortest commutes across America.
Here most residents (77.8%) 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 (15.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.