Oakhurst median real estate price is $288,137, which is more expensive than 43.9% of the neighborhoods in North Carolina and 37.0% of the neighborhoods in the U.S.
The average rental price in Oakhurst is currently $1,731, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.9% of North Carolina neighborhoods.
Oakhurst is a rural neighborhood (based on population density) located in Albemarle, North Carolina.
Oakhurst real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Oakhurst neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Oakhurst has a 14.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 Albemarle, the Oakhurst neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Of note, 55.6% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
Did you know that the Oakhurst neighborhood has more Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.4% of this neighborhood's residents have Scots-Irish ancestry.
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 Oakhurst neighborhood in Albemarle are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 65.5% of U.S. neighborhoods. With 55.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.8% 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 Oakhurst neighborhood, 35.1% 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 31.8% of the residents employed. Other residents here are employed in executive, management, and professional occupations (25.8%), and 7.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Oakhurst neighborhood is English, spoken by 94.2% of households. Some people also speak Spanish (4.1%).
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 Oakhurst neighborhood in Albemarle, NC, residents most commonly identify their ethnicity or ancestry as German (10.4%). There are also a number of people of Scots-Irish ancestry (3.4%), and residents who report Irish roots (3.3%), and some of the residents are also of Mexican ancestry (3.1%), along with some English ancestry residents (3.1%), among others.
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 Oakhurst neighborhood spend under 15 minutes commuting one-way to work (33.4% of working residents), one of the shortest commutes across America.
Here most residents (73.9%) 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 (17.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.