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Real Estate Prices & Overview

College Place / Columbia College median real estate price is $173,581, which is less expensive than 75.2% of South Carolina neighborhoods and 83.8% of all U.S. neighborhoods.

The average rental price in College Place / Columbia College is currently $1,608, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 57.2% of South Carolina neighborhoods.

College Place / Columbia College is a suburban neighborhood (based on population density) located in Columbia, South Carolina.

College Place / Columbia College real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the College Place / Columbia College neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

College Place / Columbia College has a 13.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 Columbia, the College Place / Columbia College neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The College Place / Columbia College neighborhood stands out for having an average per capita income lower than 97.2% of the neighborhoods in the United States. Also of note, 65.8% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, neighborhoodScout's analysis shows that the College Place / Columbia College neighborhood has a greater concentration of residents currently enrolled in college than 97.7% of the neighborhoods in the U.S. With 20.1% of the population here attending college, this is very much a college-focused neighborhood.

Also, one of the really interesting characteristics about the College Place / Columbia College 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 4.3% of college-friendly places to live in the state of South Carolina.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (10.6% ride the bus) than 95.1% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Diversity

Did you know that the College Place / Columbia College neighborhood has more Sub-Saharan African and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 18.0% of this neighborhood's residents have Sub-Saharan African ancestry and 9.5% have African 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 College Place / Columbia College neighborhood in Columbia are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.2% of U.S. neighborhoods. With 65.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.9% 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 Place / Columbia College neighborhood, 36.1% of the working population is employed in executive, management, and professional 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 31.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.3%), and 15.6% in manufacturing and laborer occupations.

Languages

The most common language spoken in the College Place / Columbia College neighborhood is English, spoken by 91.3% of households. Some people also speak Spanish (6.4%).

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 College Place / Columbia College neighborhood in Columbia, SC, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (18.0%). There are also a number of people of African ancestry (9.5%), and residents who report English roots (4.9%), and some of the residents are also of Italian ancestry (2.1%), along with some German ancestry residents (1.9%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in College Place / Columbia College neighborhood spend between 15 and 30 minutes commuting one-way to work (44.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (69.9%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (10.6%) and 8.1% 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.


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