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Real Estate Prices & Overview

Ostwalt / Town Center median real estate price is $323,198, which is more expensive than 55.2% of the neighborhoods in North Carolina and 45.6% of the neighborhoods in the U.S.

The average rental price in Ostwalt / Town Center is currently $2,312, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 76.8% of the neighborhoods in North Carolina.

Ostwalt / Town Center is a rural neighborhood (based on population density) located in Troutman, North Carolina.

Ostwalt / Town Center 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 Ostwalt / Town Center neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Ostwalt / Town Center are 4.1%, which is lower than one will find in 72.7% of American neighborhoods. Demand for real estate in Ostwalt / 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.

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 Troutman, the Ostwalt / Town Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

In the Ostwalt / Town Center neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 12.6% of residents here. This is a higher proportion of walking commuters than we found in 96.2% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Diversity

Did you know that the Ostwalt / Town Center neighborhood has more Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.2% 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 Ostwalt / Town Center neighborhood in Troutman are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 43.5% of the neighborhoods in America. In addition, 2.9% 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 71.9% of America'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 Ostwalt / Town Center neighborhood, 32.8% 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 32.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.4%), and 14.3% in clerical, assistant, and tech support occupations.

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 Ostwalt / Town Center neighborhood is English, spoken by 98.1% of households. Other important languages spoken here include Italian and Polish.

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 Ostwalt / Town Center neighborhood in Troutman, NC, residents most commonly identify their ethnicity or ancestry as German (13.3%). There are also a number of people of Irish ancestry (8.5%), and residents who report English roots (6.9%), and some of the residents are also of Italian ancestry (4.9%), along with some Scots-Irish ancestry residents (3.2%), 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 Ostwalt / Town Center neighborhood spend between 15 and 30 minutes commuting one-way to work (42.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (67.3%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (12.6%) and 8.3% of residents also carpool with coworkers, friends, or neighbors 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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