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Real Estate Prices & Overview

Fulcher Landing / Peru median real estate price is $302,094, which is more expensive than 52.4% of the neighborhoods in North Carolina and 42.9% of the neighborhoods in the U.S.

The average rental price in Fulcher Landing / Peru is currently $2,220, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.5% of the neighborhoods in North Carolina.

Fulcher Landing / Peru is a rural neighborhood (based on population density) located in Sneads Ferry, North Carolina. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

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

Vacant apartments or homes are a major fact of life in Fulcher Landing / Peru. The current real estate vacancy rate here is 31.6%. This is higher than the rate of vacancies in 95.3% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually 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 Sneads Ferry, the Fulcher Landing / Peru neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Fulcher Landing / Peru neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Fulcher Landing / Peru is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, despite all of the residential real estate here in the Fulcher Landing / Peru neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 31.6%, which is higher than 95.3% of all U.S. neighborhoods.

Occupations

The Fulcher Landing / Peru neighborhood stands out nationally for having a greater proportion of its residents active in the military than 99.2% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Diversity

Did you know that the Fulcher Landing / Peru neighborhood has more Irish and Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 36.5% of this neighborhood's residents have Irish ancestry and 5.0% have Scots-Irish ancestry.

Fulcher Landing / Peru is also pretty special linguistically. Significantly, 4.7% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 99.0% of the neighborhoods in America.

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 Fulcher Landing / Peru neighborhood in Sneads Ferry are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.6% of U.S. neighborhoods. In addition, 2.2% 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 74.4% of America'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 Fulcher Landing / Peru neighborhood, 37.5% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (24.9%), and 9.5% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Fulcher Landing / Peru neighborhood is English, spoken by 89.1% of households. Other important languages spoken here include Italian, German/Yiddish, Polish and Spanish.

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 Fulcher Landing / Peru neighborhood in Sneads Ferry, NC, residents most commonly identify their ethnicity or ancestry as Irish (36.5%). There are also a number of people of German ancestry (25.4%), and residents who report English roots (17.3%), and some of the residents are also of Puerto Rican ancestry (12.9%), along with some Italian ancestry residents (10.6%), among others.

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 Fulcher Landing / Peru neighborhood spend under 15 minutes commuting one-way to work (49.9% of working residents), one of the shortest commutes across America.

Here most residents (82.0%) 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.


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