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Real Estate Prices & Overview

Murchison Rd / Honeycutt Rd median real estate price is $267,104, which is more expensive than 37.4% of the neighborhoods in North Carolina and 31.8% of the neighborhoods in the U.S.

Average rental prices in the Murchison Rd / Honeycutt Rd neighborhood are currently unreported, based on NeighborhoodScout's exclusive analysis.

Murchison Rd / Honeycutt Rd is a remote neighborhood (based on population density) located in Fayetteville, North Carolina.

Murchison Rd / Honeycutt Rd real estate is primarily made up of . Most of the residential real estate is renter occupied. Many of the residences in the Murchison Rd / Honeycutt Rd neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

In Murchison Rd / Honeycutt Rd, 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 Murchison Rd / Honeycutt Rd is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

With a real estate vacancy rate of only 0.0%, the Murchison Rd / Honeycutt Rd 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, this neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 15 people per square mile living here, this neighborhood is less crowded than 95.8% of America.

People

In a nation where 1 out of every 4 children lives in poverty, the Murchison Rd / Honeycutt Rd neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, one of the really interesting characteristics about the Murchison Rd / Honeycutt Rd 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 3.5% of college-friendly places to live in the state of North Carolina.

Occupations

With 92.5% of employed workers living in the Murchison Rd / Honeycutt Rd neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 100.0% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Furthermore, the government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Murchison Rd / Honeycutt Rd neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 100.0% of its workforce, this neighborhood has a greater concentration of government workers than 100.0% of U.S. neighborhoods.

In addition, executives, managers and professionals make up 100.0% of the workforce in the Murchison Rd / Honeycutt Rd neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 100.0% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Modes of Transportation

More people in Murchison Rd / Honeycutt Rd choose to walk to work each day (64.6%) 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.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Murchison Rd / Honeycutt Rd neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Murchison Rd / Honeycutt Rd neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 88.9% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.9% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the Murchison Rd / Honeycutt Rd neighborhood has more Brazilian and Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.9% of this neighborhood's residents have Brazilian ancestry and 1.4% have Swiss ancestry.

Murchison Rd / Honeycutt Rd is also pretty special linguistically. Significantly, 8.2% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 97.0% of the neighborhoods in America.

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 Murchison Rd / Honeycutt Rd neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.2% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Murchison Rd / Honeycutt Rd neighborhood in Fayetteville 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.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Murchison Rd / Honeycutt Rd neighborhood, 100.0% of the working population is employed in government jobs, whether they are in local, state, or federal positions. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 100.0% of the residents employed. Other residents here are employed in the military (92.5%).

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 Murchison Rd / Honeycutt Rd neighborhood is English, spoken by 85.9% of households. Other important languages spoken here include Italian and Spanish.

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 Murchison Rd / Honeycutt Rd neighborhood in Fayetteville, NC, residents most commonly identify their ethnicity or ancestry as German (24.8%). There are also a number of people of Irish ancestry (21.1%), and residents who report Italian roots (10.0%), and some of the residents are also of Mexican ancestry (6.3%), along with some English ancestry residents (4.7%), 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 Murchison Rd / Honeycutt Rd neighborhood spend under 15 minutes commuting one-way to work (88.9% of working residents), one of the shortest commutes across America.

Here most residents (64.6%) 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 (22.2%) and 13.3% 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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