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Real Estate Prices & Overview

Smithfield Southwest median real estate price is $403,303, which is more expensive than 68.0% of the neighborhoods in North Carolina and 55.7% of the neighborhoods in the U.S.

The average rental price in Smithfield Southwest is currently $1,567, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.0% of North Carolina neighborhoods.

Smithfield Southwest is a rural neighborhood (based on population density) located in Smithfield, North Carolina.

Smithfield Southwest 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 occupied by a mixture of owners and renters. Many of the residences in the Smithfield Southwest neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Smithfield Southwest, the current vacancy rate is 1.5%, which is a lower rate of vacancies than 89.4% of all neighborhoods in the U.S. This means that the housing supply in Smithfield Southwest is very tight compared to the demand for property here.

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 Smithfield, the Smithfield Southwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Smithfield Southwest neighborhood has more Danish and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.2% of this neighborhood's residents have Danish ancestry and 8.3% have Dominican 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 Smithfield Southwest neighborhood in Smithfield are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.6% of U.S. neighborhoods. With 18.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 66.6% 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 Smithfield Southwest neighborhood, 31.0% 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 29.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (28.0%), and 9.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Smithfield Southwest neighborhood is English, spoken by 62.0% of households. Some people also speak Spanish (37.2%).

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 Smithfield Southwest neighborhood in Smithfield, NC, residents most commonly identify their ethnicity or ancestry as Mexican (21.2%). There are also a number of people of English ancestry (14.5%), and residents who report Dominican roots (8.3%), and some of the residents are also of German ancestry (4.7%), along with some Scottish ancestry residents (3.8%), among others. In addition, 21.0% of the residents of this neighborhood were born in another country.

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 Smithfield Southwest neighborhood spend between 15 and 30 minutes commuting one-way to work (39.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (80.8%) 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 (11.4%) . 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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