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Real Estate Prices & Overview

Skyline Village Columbia Terrace / Winston Salem State median real estate price is $106,459, which is less expensive than 96.8% of North Carolina neighborhoods and 95.0% of all U.S. neighborhoods.

The average rental price in Skyline Village Columbia Terrace / Winston Salem State is currently $1,355, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.0% of North Carolina neighborhoods.

Skyline Village Columbia Terrace / Winston Salem State is a suburban neighborhood (based on population density) located in Winston-Salem, North Carolina.

Skyline Village Columbia Terrace / Winston Salem State real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Skyline Village Columbia Terrace / Winston Salem State neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Vacant apartments or homes are a major fact of life in Skyline Village Columbia Terrace / Winston Salem State. The current real estate vacancy rate here is 20.6%. This is higher than the rate of vacancies in 87.5% 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.

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 Winston-Salem, the Skyline Village Columbia Terrace / Winston Salem State neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

NeighborhoodScout's analysis shows that the Skyline Village Columbia Terrace / Winston Salem State neighborhood has a greater concentration of residents currently enrolled in college than 99.7% of the neighborhoods in the U.S. With 77.4% of the population here attending college, this is very much a college-focused neighborhood.

In addition, the Skyline Village Columbia Terrace / Winston Salem State neighborhood has a greater percentage of children living in poverty (83.2%) than found in 99.5% 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.

Also, one of the really interesting characteristics about the Skyline Village Columbia Terrace / Winston Salem State 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 0.5% of college-friendly places to live in the state of North Carolina.

Modes of Transportation

More people in Skyline Village Columbia Terrace / Winston Salem State choose to walk to work each day (34.3%) 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.

Real Estate

Renter-occupied real estate is dominant in the Skyline Village Columbia Terrace / Winston Salem State neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 99.5%, which is higher than 99.1% 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.

In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Skyline Village Columbia Terrace / Winston Salem State neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 58.9% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.1% of America's neighborhoods.

Furthermore, the Skyline Village Columbia Terrace / Winston Salem State 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 85.4% 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.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Skyline Village Columbia Terrace / Winston Salem State neighborhood have a highly unusual car ownership. 37.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.9% of U.S. neighborhoods.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Skyline Village Columbia Terrace / Winston Salem State neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.9% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 97.1% of all neighborhoods in America.

Occupations

There are more people living in the Skyline Village Columbia Terrace / Winston Salem State neighborhood employed as sales and service workers (60.4%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

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 Skyline Village Columbia Terrace / Winston Salem State neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 4.3% of the workforce so employed, this neighborhood has a greater concentration of such workers than 96.1% of U.S. neighborhoods.

Migration / Stability

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 Skyline Village Columbia Terrace / Winston Salem State neighborhood. In the Skyline Village Columbia Terrace / Winston Salem State neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.3% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Skyline Village Columbia Terrace / Winston Salem State neighborhood has more Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.4% of this neighborhood's residents have Sub-Saharan African ancestry.

Skyline Village Columbia Terrace / Winston Salem State is also pretty special linguistically. Significantly, 1.6% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 95.0% of the neighborhoods in America.

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 Skyline Village Columbia Terrace / Winston Salem State neighborhood in Winston-Salem 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. With 83.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.5% 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 Skyline Village Columbia Terrace / Winston Salem State neighborhood, 39.6% 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 manufacturing and laborer occupations, with 35.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.9%), and 7.0% in executive, management, and professional occupations.

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 Skyline Village Columbia Terrace / Winston Salem State neighborhood is English, spoken by 88.5% of households. Other important languages spoken here include Spanish and Chinese.

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 Skyline Village Columbia Terrace / Winston Salem State neighborhood in Winston-Salem, NC, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (11.4%). There are also a number of people of Mexican ancestry (6.8%), and residents who report Irish roots (4.7%), and some of the residents are also of Asian ancestry (3.4%), along with some Italian ancestry residents (2.8%), 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 Skyline Village Columbia Terrace / Winston Salem State neighborhood spend under 15 minutes commuting one-way to work (49.0% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (11.9%) who commute over an hour in each direction.

Here most residents (34.3%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (32.0%) and 10.4% of residents also carpool with coworkers, friends, or neighbors for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.


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