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Real Estate Prices & Overview

Cornelius Northwest median real estate price is $1,046,564, which is more expensive than 98.3% of the neighborhoods in North Carolina and 91.7% of the neighborhoods in the U.S.

The average rental price in Cornelius Northwest is currently $2,706, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.7% of the neighborhoods in North Carolina.

Cornelius Northwest is a suburban neighborhood (based on population density) located in Cornelius, North Carolina.

Cornelius Northwest real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Cornelius Northwest neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Real estate vacancies in Cornelius Northwest are 3.8%, which is lower than one will find in 72.5% of American neighborhoods. Demand for real estate in Cornelius Northwest 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

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 Cornelius, the Cornelius Northwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Cornelius Northwest 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 Cornelius Northwest community truly stands out from the rest in this regard.

In addition, if you are planning to retire in North Carolina, this neighborhood should be on your must-see list. For many reasons, Cornelius Northwest may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in North Carolina, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.6% of neighborhoods in NC. If a North Carolina retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives and college students.

Also, cornelius Northwest has the amazing distinction of housing more same sex couples living together than 97.0% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

Diversity

Did you know that the Cornelius Northwest neighborhood has more English and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.0% of this neighborhood's residents have English ancestry and 1.0% have Canadian ancestry.

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 Cornelius Northwest neighborhood in Cornelius are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 92.7% 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 Cornelius Northwest neighborhood, 56.4% 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 21.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.4%), and 9.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Cornelius Northwest neighborhood is English, spoken by 94.4% of households. Some people also speak Spanish (2.5%).

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 Cornelius Northwest neighborhood in Cornelius, NC, residents most commonly identify their ethnicity or ancestry as English (25.0%). There are also a number of people of Irish ancestry (21.7%), and residents who report German roots (18.3%), and some of the residents are also of Italian ancestry (8.6%), along with some Asian ancestry residents (4.3%), 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 Cornelius Northwest neighborhood spend under 15 minutes commuting one-way to work (37.7% of working residents), one of the shortest commutes across America.

Here most residents (58.5%) 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 (9.3%) . 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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