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Real Estate Prices & Overview

Mineral Springs median real estate price is $241,072, which is less expensive than 67.0% of North Carolina neighborhoods and 71.1% of all U.S. neighborhoods.

The average rental price in Mineral Springs is currently $1,319, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 84.2% of North Carolina neighborhoods.

Mineral Springs is a remote neighborhood (based on population density) located in Polkton, North Carolina.

Mineral Springs real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Mineral Springs neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

In Mineral Springs, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Mineral Springs is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Mineral Springs neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 20 residents per square mile, Mineral Springs is less crowded than 94.8% of all U.S. neighborhoods.

People

In a nation where 1 out of every 4 children lives in poverty, the Mineral Springs neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, neighborhoodScout's exclusive research revealed that 93.0% of the adult residents in the Mineral Springs neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.2% of the neighborhoods in America.

Also, the Mineral Springs neighborhood stands out within North Carolina for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 7.2% of college-friendly places to live in NC.

Modes of Transportation

Our research reveals that 100.0% of commuters who live in the Mineral Springs neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 99.9% of U.S. neighborhoods.

Occupations

More people work in manufacturing and as laborers here in the Mineral Springs neighborhood than in 99.9% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Furthermore, the Mineral Springs neighborhood stands out nationally for having a greater proportion of its residents active in the military than 98.6% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Diversity

Did you know that the Mineral Springs neighborhood has more Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.3% of this neighborhood's residents have Scots-Irish ancestry.

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 Mineral Springs neighborhood in Polkton are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. 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.

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 Mineral Springs neighborhood, 61.6% of the working population is employed in manufacturing and laborer 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 19.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (10.7%), and 7.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Mineral Springs neighborhood is English, spoken by 100.0% of households. Some people also speak Italian (2.8%).

Ethnicity / Ancestry

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 Mineral Springs neighborhood in Polkton, NC, residents most commonly identify their ethnicity or ancestry as English (11.7%). There are also a number of people of Italian ancestry (9.5%), and residents who report Irish roots (8.2%), and some of the residents are also of Scottish ancestry (4.7%), along with some German ancestry residents (4.0%), 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 Mineral Springs neighborhood spend between 30 and 45 minutes commuting one-way to work (58.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (100.0%) drive alone in a private automobile to get to work. 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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