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Real Estate Prices & Overview

Second Ward median real estate price is $603,858, which is more expensive than 86.3% of the neighborhoods in North Carolina and 73.5% of the neighborhoods in the U.S.

Average rental prices in the Second Ward neighborhood are currently unreported, based on NeighborhoodScout's exclusive analysis.

Second Ward is a rural neighborhood (based on population density) located in Charlotte, North Carolina.

Second Ward real estate is primarily made up of small (studio to two bedroom) small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Second Ward neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Second Ward, 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 Second Ward 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

Real estate in the Second Ward neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 99.8% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood. With a real estate vacancy rate of only 0.0%, the Second Ward neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

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 Second Ward 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, 100.0% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 100.0% of America's neighborhoods.

Furthermore, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Second Ward neighborhood. A whopping 100.0% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 100.0% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

Also of note, the Second Ward 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 100.0% 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.

Finally, one of the notable things about Second Ward is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

People

Of note is NeighborhoodScout's research finding that the Second Ward neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Second Ward community truly stands out from the rest in this regard.

In addition, divorcees may find friendship and understanding in this neighborhood, as 100.0% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 100.0% of the neighborhoods in America.

Also, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 100.0% of the adults living in the Second Ward neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 100.0% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Second Ward neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 100.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas. What is also interesting to note, is that the Second Ward neighborhood has a greater percentage of residents born in another country (100.0%) than are found in 100.0% of all U.S. neighborhoods.

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 Second Ward neighborhood in Charlotte 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.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Second Ward neighborhood, 0.0% of the working population is employed in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Second Ward neighborhood is English, spoken by 100.0% of households.

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 Second Ward neighborhood in Charlotte, NC, residents most commonly identify their ethnicity or ancestry as Spanish (0.0%). In addition, 100.0% 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 Second Ward neighborhood spend longer than one hour commuting one-way to work (0.0% of working residents), one of the longer commutes in America, which is a potential downside for residents of this neighborhood.

Here most residents (0.0%) ride a ferry to get to work. This neighborhood has a very special commuting pattern because ferries provide the most common means of getting to work.

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