Fourth Ward North median real estate price is $381,212, which is more expensive than 61.6% of the neighborhoods in North Carolina and 50.7% of the neighborhoods in the U.S.
The average rental price in Fourth Ward North is currently $677, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.7% of North Carolina neighborhoods.
Fourth Ward North is an urban neighborhood (based on population density) located in Charlotte, North Carolina.
Fourth Ward North real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Fourth Ward North neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Fourth Ward North. The current real estate vacancy rate here is 15.9%. This is higher than the rate of vacancies in 81.0% 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.
Of note is NeighborhoodScout's research finding that the Fourth Ward North neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Fourth Ward North community truly stands out from the rest in this regard.
In addition, one of the most interesting things about the Fourth Ward North neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 68.9% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.7% of the neighborhoods in America.
In the Fourth Ward North neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 43.3% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 99.5% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Also, more people in Fourth Ward North choose to walk to work each day (17.4%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Executives, managers and professionals make up 76.9% of the workforce in the Fourth Ward North neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 98.1% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Furthermore, it used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Fourth Ward North neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 4.6% of the workforce so employed, this neighborhood has a greater concentration of such workers than 96.6% of U.S. neighborhoods.
One of the really unique and interesting things about the look and setting of the Fourth Ward North neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 76.8% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 96.2% of all neighborhoods in America.
In addition, the Fourth Ward North neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 82.4% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Did you know that the Fourth Ward North neighborhood has more Brazilian and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.4% of this neighborhood's residents have Brazilian ancestry and 3.9% have Cuban ancestry.
Fourth Ward North is also pretty special linguistically. Significantly, 7.4% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 98.6% of the neighborhoods in America.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Fourth Ward North neighborhood. In the Fourth Ward North neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Fourth Ward North neighborhood in Charlotte are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 46.1% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Fourth Ward North neighborhood, 76.9% 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 8.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.1%), and 4.6% in farming, forestry, or commercial fishing.
Languages
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 Fourth Ward North neighborhood is English, spoken by 78.2% of households. Other important languages spoken here include Spanish and French.
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 Fourth Ward North neighborhood in Charlotte, NC, residents most commonly identify their ethnicity or ancestry as Irish (11.1%). There are also a number of people of Sub-Saharan African ancestry (9.2%), and residents who report English roots (7.4%), and some of the residents are also of German ancestry (7.2%), along with some Italian ancestry residents (7.1%), among others. In addition, 13.6% 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 Fourth Ward North neighborhood spend under 15 minutes commuting one-way to work (42.1% of working residents), one of the shortest commutes across America.
Here most residents (35.6%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (17.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
