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Real Estate Prices & Overview

Russellville median real estate price is $237,370, which is less expensive than 70.1% of North Carolina neighborhoods and 73.7% of all U.S. neighborhoods.

The average rental price in Russellville is currently $1,262, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.8% of North Carolina neighborhoods.

Russellville is a remote neighborhood (based on population density) located in Wadesboro, North Carolina.

Russellville real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Russellville neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Russellville are 5.7%, which is lower than one will find in 60.5% of American neighborhoods. Demand for real estate in Russellville is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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.

Modes of Transportation

Our research shows that more people carpool to work here in the Russellville (37.0%) than in 99.6% of the neighborhoods in America.

Occupations

NeighborhoodScout's exclusive research identifies the Russellville neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 51.7% of its working residents employed in such fields, which is a higher proportion than 99.2% of American neighborhoods.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 98.3% of all neighborhoods in America, with 43.0% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

In addition, this neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 44 people per square mile living here, this neighborhood is less crowded than 90.3% of America.

People

The Russellville neighborhood stands out for having an average per capita income lower than 95.9% of the neighborhoods in the United States. The Russellville neighborhood also has a greater percentage of children living in poverty (58.8%) than found in 96.7% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

In addition, if you're nearing retirement age, or in retirement, the Russellville is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 6.1% of retiree-friendly neighborhoods in North Carolina, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in North Carolina.

Diversity

Did you know that the Russellville neighborhood has more Portuguese and Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.4% of this neighborhood's residents have Portuguese ancestry and 4.8% 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 Russellville neighborhood in Wadesboro are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.9% of U.S. neighborhoods. With 58.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.7% 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 Russellville neighborhood, 51.7% 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 26.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.2%), and 6.8% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Russellville neighborhood is English, spoken by 96.6% of households. Some people also speak Spanish (3.4%).

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 Russellville neighborhood in Wadesboro, NC, residents most commonly identify their ethnicity or ancestry as Portuguese (7.4%). There are also a number of people of Scots-Irish ancestry (4.8%), and residents who report Scottish roots (2.6%), and some of the residents are also of Irish ancestry (2.6%), along with some Mexican ancestry residents (2.2%), 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 Russellville neighborhood spend between 30 and 45 minutes commuting one-way to work (45.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (59.0%) 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 (37.0%) . 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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