Sedgefield median real estate price is $820,200, which is more expensive than 95.2% of the neighborhoods in North Carolina and 85.6% of the neighborhoods in the U.S.
The average rental price in Sedgefield is currently $2,977, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.1% of the neighborhoods in North Carolina.
Sedgefield is an urban neighborhood (based on population density) located in Charlotte, North Carolina.
Sedgefield real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Sedgefield neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Sedgefield are 3.9%, which is lower than one will find in 72.0% of American neighborhoods. Demand for real estate in Sedgefield 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.
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.
Of note is NeighborhoodScout's research finding that the Sedgefield 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 Sedgefield community truly stands out from the rest in this regard.
In addition, one of the most interesting things about the Sedgefield neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 70.6% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.7% of the neighborhoods in America.
Also, a unique characteristic about the people in the Sedgefield neighborhood is that a majority of them are young, single professionals. In fact, there are more young, single professionals in this one community than 98.4% of neighborhoods in the U.S. Here you'll find an active nightlife nearby with lots of opportunities to flirt and find romance.
Finally, 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 80.4% of the adults living in the Sedgefield neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 97.7% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Homes built from 2000 through today make up a higher proportion of the Sedgefield neighborhood's real estate landscape than 98.2% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 87.3% of the residential real estate here is classified as newer. 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.
In addition, the Sedgefield 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 90.3% 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.
Furthermore, renter-occupied real estate is dominant in the Sedgefield neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 92.1%, which is higher than 97.4% 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.
Also of note, one of the really unique and interesting things about the look and setting of the Sedgefield neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 83.1% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 97.2% of all neighborhoods in America.
The Sedgefield neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 97.2% of the neighborhoods in America. In fact, 74.8% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 16.0% of the Sedgefield neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.0% of America's neighborhoods.
Did you know that the Sedgefield neighborhood has more British and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.7% of this neighborhood's residents have British ancestry and 1.7% have Romanian ancestry.
Sedgefield is also pretty special linguistically. Significantly, 2.2% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 99.3% of the neighborhoods in America.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Sedgefield neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Sedgefield neighborhood in Charlotte are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 70.2% of the neighborhoods in America. 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 Sedgefield neighborhood, 74.8% 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 13.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (8.3%), and 3.6% in manufacturing and laborer occupations.
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 Sedgefield neighborhood is English, spoken by 87.5% of households. Other important languages spoken here include Spanish, Vietnamese, Portuguese and Greek.
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 Sedgefield neighborhood in Charlotte, NC, residents most commonly identify their ethnicity or ancestry as German (19.3%). There are also a number of people of Irish ancestry (11.8%), and residents who report English roots (10.9%), and some of the residents are also of Asian ancestry (9.3%), along with some British ancestry residents (6.7%), among others.
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 Sedgefield neighborhood spend between 15 and 30 minutes commuting one-way to work (57.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (51.6%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (16.0%) and 5.1% 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.