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Real Estate Prices & Overview

Forest Acres East median real estate price is $368,433, which is more expensive than 69.1% of the neighborhoods in South Carolina and 51.3% of the neighborhoods in the U.S.

The average rental price in Forest Acres East is currently $1,496, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.4% of South Carolina neighborhoods.

Forest Acres East is a suburban neighborhood (based on population density) located in Forest Acres, South Carolina.

Forest Acres East real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Forest Acres East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 9.4% in Forest Acres East. NeighborhoodScout analysis shows that this rate is lower than 41.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Forest Acres, the Forest Acres East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

If you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Forest Acres East neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 10.6% executive lifestyle neighborhoods in the state of South Carolina. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates.

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 Forest Acres East neighborhood in Forest Acres are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 77.9% of the neighborhoods in America. With 28.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.2% of U.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 Forest Acres East neighborhood, 54.6% of the working population is employed in executive, management, and professional 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 27.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.5%), and 7.4% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Forest Acres East neighborhood is English, spoken by 96.8% of households.

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 Forest Acres East neighborhood in Forest Acres, SC, residents most commonly identify their ethnicity or ancestry as German (17.9%). There are also a number of people of English ancestry (16.7%), and residents who report Irish roots (5.1%), and some of the residents are also of Italian ancestry (4.8%), along with some Scottish ancestry residents (2.4%), 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 Forest Acres East neighborhood spend between 15 and 30 minutes commuting one-way to work (63.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (84.6%) 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 (9.3%) . 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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