Cherry View / Old Cherry median real estate price is $65,963, which is less expensive than 99.2% of North Carolina neighborhoods and 98.3% of all U.S. neighborhoods.
The average rental price in Cherry View / Old Cherry is currently $1,474, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.0% 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 small apartment buildings. 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 27.1%. This is higher than the rate of vacancies in 93.7% 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.
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 Winston-Salem, the Cherry View / Old Cherry neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Our research revealed that more commuters here take the bus to work (16.4% ride the bus) than 98.0% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
One of the unique characteristics of the Cherry View / Old Cherry neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 96.7% of the neighborhoods in America.
In addition, an extraordinary 12.9% of the residents of the Cherry View / Old Cherry neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
Also, with a nice mix of college students, safety from crime, and decent walkability, the Cherry View / Old Cherry neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 87.1% of the neighborhoods in NC. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Significantly, 2.4% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 95.4% of the neighborhoods in America.
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 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 96.7% of U.S. neighborhoods. With 34.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.7% 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, 33.1% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 27.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (24.8%), and 14.8% 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 88.0% of households. Other important languages spoken here include Spanish and Arabic.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Cherry View / Old Cherry neighborhood in Winston-Salem, NC, residents most commonly identify their ethnicity or ancestry as Mexican (4.8%). There are also a number of people of English ancestry (4.4%), and residents who report Italian roots (3.0%), and some of the residents are also of Arab ancestry (2.4%), along with some Asian ancestry residents (2.1%), among others. In addition, 10.1% of the residents of this neighborhood were born in another country.
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 Cherry View / Old Cherry neighborhood spend between 15 and 30 minutes commuting one-way to work (72.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (57.1%) 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 (19.3%) and 16.4% of residents also ride the bus 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.