Cherry View / Old Cherry median real estate price is $70,863, which is less expensive than 98.7% of North Carolina neighborhoods and 97.5% of all U.S. neighborhoods.
The average rental price in Cherry View / Old Cherry is currently $1,504, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.3% of North Carolina neighborhoods.
Cherry View / Old Cherry is a suburban neighborhood (based on population density) located in Winston-Salem, North Carolina.
Cherry View / Old Cherry real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Cherry View / Old Cherry neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Cherry View / Old Cherry. The current real estate vacancy rate here is 25.4%. This is higher than the rate of vacancies in 91.6% 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.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
The Cherry View / Old Cherry neighborhood stands out for having an average per capita income lower than 97.5% of the neighborhoods in the United States. The Cherry View / Old Cherry neighborhood also has a greater percentage of children living in poverty (78.3%) than found in 99.3% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
More people ride the bus in this neighborhood each day to get to work than 97.9% of U.S. neighborhoods.
More people work in manufacturing and as laborers here in the Cherry View / Old Cherry neighborhood than in 96.0% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.
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 Cherry View / Old Cherry neighborhood in Winston-Salem are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.5% of U.S. neighborhoods. With 78.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.3% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Cherry View / Old Cherry neighborhood, 42.9% 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 34.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (12.6%), and 10.0% in clerical, assistant, and tech support occupations.
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 Cherry View / Old Cherry neighborhood is English, spoken by 80.0% of households. Other important languages spoken here include Spanish and Arabic.
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 Cherry View / Old Cherry neighborhood in Winston-Salem, NC, residents most commonly identify their ethnicity or ancestry as Mexican (9.4%). There are also a number of people of Italian ancestry (2.0%), and residents who report Arab roots (1.9%). In addition, 17.5% 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 Cherry View / Old Cherry neighborhood spend between 15 and 30 minutes commuting one-way to work (67.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (65.9%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (17.6%) and 16.5% 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.