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Real Estate Prices & Overview

Little Switzerland median real estate price is $326,921, which is more expensive than 55.2% of the neighborhoods in North Carolina and 45.1% of the neighborhoods in the U.S.

The average rental price in Little Switzerland is currently $1,022, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 97.4% of North Carolina neighborhoods.

Little Switzerland is a rural neighborhood (based on population density) located in Spruce Pine, North Carolina.

Little Switzerland real estate 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 owner occupied. Many of the residences in the Little Switzerland neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Little Switzerland. The current real estate vacancy rate here is 21.9%. This is higher than the rate of vacancies in 89.0% 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 Spruce Pine, the Little Switzerland neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

If you're planning where to retire, the Little Switzerland neighborhood in Spruce Pine is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in NC, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 88.3% of the neighborhoods in North Carolina. If you are considering retiring to North Carolina, this is a good neighborhood to look at.

Diversity

Did you know that the Little Switzerland neighborhood has more Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.3% of this neighborhood's residents have Scots-Irish ancestry.

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 Little Switzerland neighborhood in Spruce Pine are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 60.9% of U.S. neighborhoods. In addition, 4.1% 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 67.5% 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 Little Switzerland neighborhood, 38.1% 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 33.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.2%), and 11.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Little Switzerland neighborhood is English, spoken by 95.2% of households. Some people also speak Spanish (3.0%).

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 Little Switzerland neighborhood in Spruce Pine, NC, residents most commonly identify their ethnicity or ancestry as English (16.2%). There are also a number of people of Irish ancestry (15.1%), and residents who report German roots (13.4%), and some of the residents are also of Scots-Irish ancestry (8.3%), along with some Scottish ancestry residents (4.6%), 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 Little Switzerland neighborhood spend under 15 minutes commuting one-way to work (46.3% of working residents), one of the shortest commutes across America.

Here most residents (72.0%) 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 (17.7%) . 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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