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Real Estate Prices & Overview

Wampee median real estate price is $524,291, which is more expensive than 88.8% of the neighborhoods in South Carolina and 73.1% of the neighborhoods in the U.S.

The average rental price in Wampee is currently $2,677, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 86.0% of the neighborhoods in South Carolina.

Wampee is a suburban neighborhood (based on population density) located in North Myrtle Beach, South Carolina.

Wampee real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Wampee neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Wampee. The current real estate vacancy rate here is 51.0%. This is higher than the rate of vacancies in 98.7% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (37.6%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, 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 North Myrtle Beach, the Wampee neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Homes built from 2000 through today make up a higher proportion of the Wampee neighborhood's real estate landscape than 99.5% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 95.5% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

In addition, despite all of the residential real estate here in the Wampee neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 51.0%, which is higher than 98.7% of all U.S. neighborhoods.

Furthermore, one of the notable things about Wampee is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

People

If you are planning to retire in South Carolina, this neighborhood should be on your must-see list. For many reasons, Wampee may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in South Carolina, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.2% of neighborhoods in SC. If a South Carolina retirement is in your future, this neighborhood should be one of the places you visit.

In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Wampee neighborhood may actually hold the key. 67.4% of its residents are married, which is a higher percentage than is found in 96.0% of the neighborhoods in America.

Diversity

Did you know that the Wampee neighborhood has more Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 29.0% of this neighborhood's residents have 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 Wampee neighborhood in North Myrtle Beach are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 60.3% of the neighborhoods in America. In addition, 5.2% 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 64.8% 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 Wampee neighborhood, 37.3% 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 executive, management, and professional occupations, with 32.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.5%), and 15.1% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Wampee neighborhood is English, spoken by 95.1% of households. Some people also speak Spanish (2.1%).

Ethnicity / Ancestry

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 Wampee neighborhood in North Myrtle Beach, SC, residents most commonly identify their ethnicity or ancestry as Irish (29.0%). There are also a number of people of German ancestry (23.0%), and residents who report English roots (15.0%), and some of the residents are also of Italian ancestry (10.9%), along with some Polish ancestry residents (4.5%), 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 Wampee neighborhood spend between 15 and 30 minutes commuting one-way to work (44.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.2%) 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 (8.8%) . 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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