College Hill / University of North Carolina at Greensboro median real estate price is $358,075, which is more expensive than 60.2% of the neighborhoods in North Carolina and 49.3% of the neighborhoods in the U.S.
The average rental price in College Hill / University of North Carolina at Greensboro is currently $1,626, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 59.9% of North Carolina neighborhoods.
College Hill / University of North Carolina at Greensboro is a densely urban neighborhood (based on population density) located in Greensboro, North Carolina.
College Hill / University of North Carolina at Greensboro 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the College Hill / University of North Carolina at Greensboro neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in College Hill / University of North Carolina at Greensboro. The current real estate vacancy rate here is 20.3%. This is higher than the rate of vacancies in 87.1% 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 Greensboro, the College Hill / University of North Carolina at Greensboro neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
One of the really interesting characteristics about the College Hill / University of North Carolina at Greensboro neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.3% of college-friendly places to live in the state of North Carolina.
In addition, neighborhoodScout's analysis shows that the College Hill / University of North Carolina at Greensboro neighborhood has a greater concentration of residents currently enrolled in college than 99.7% of the neighborhoods in the U.S. With 79.6% of the population here attending college, this is very much a college-focused neighborhood.
Also, the College Hill / University of North Carolina at Greensboro neighborhood stands out for having an average per capita income lower than 95.1% of the neighborhoods in the United States.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the College Hill / University of North Carolina at Greensboro neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.5% of all American neighborhoods.
In the College Hill / University of North Carolina at Greensboro neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 22.6% of residents here. This is a higher proportion of walking commuters than we found in 98.5% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Renter-occupied real estate is dominant in the College Hill / University of North Carolina at Greensboro neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 95.5%, which is higher than 98.1% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
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 College Hill / University of North Carolina at Greensboro neighborhood. In the College Hill / University of North Carolina at Greensboro neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Did you know that the College Hill / University of North Carolina at Greensboro neighborhood has more African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.6% of this neighborhood's residents have African 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 College Hill / University of North Carolina at Greensboro neighborhood in Greensboro are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.1% of U.S. neighborhoods. With 14.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.7% 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 College Hill / University of North Carolina at Greensboro neighborhood, 51.8% 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 28.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.6%), and 9.3% in manufacturing and laborer occupations.
The most common language spoken in the College Hill / University of North Carolina at Greensboro neighborhood is English, spoken by 91.5% of households. Some people also speak Spanish (3.4%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the College Hill / University of North Carolina at Greensboro neighborhood in Greensboro, NC, residents most commonly identify their ethnicity or ancestry as English (9.3%). There are also a number of people of German ancestry (7.3%), and residents who report Sub-Saharan African roots (6.1%), and some of the residents are also of Irish ancestry (5.8%), along with some African ancestry residents (5.6%), among others.
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 College Hill / University of North Carolina at Greensboro neighborhood spend under 15 minutes commuting one-way to work (49.9% of working residents), one of the shortest commutes across America.
Here most residents (57.1%) 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 (22.6%) and 9.4% of residents also carpool with coworkers, friends, or neighbors 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.