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Real Estate Prices & Overview

Yadkin College / Reeds Crossroads median real estate price is $279,752, which is less expensive than 57.6% of North Carolina neighborhoods and 64.1% of all U.S. neighborhoods.

The average rental price in Yadkin College / Reeds Crossroads is currently $1,215, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 90.5% of North Carolina neighborhoods.

Yadkin College / Reeds Crossroads is a rural neighborhood (based on population density) located in Lexington, North Carolina.

Yadkin College / Reeds Crossroads real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Yadkin College / Reeds Crossroads neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Yadkin College / Reeds Crossroads are 5.9%, which is lower than one will find in 60.6% of American neighborhoods. Demand for real estate in Yadkin College / Reeds Crossroads 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 Lexington, the Yadkin College / Reeds Crossroads neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 95.0% of all neighborhoods in America, with 30.0% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

Diversity

Significantly, 2.7% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 99.7% of the neighborhoods in America.

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 Yadkin College / Reeds Crossroads neighborhood in Lexington are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 43.9% of the neighborhoods in America. In addition, 5.4% 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 63.4% 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 Yadkin College / Reeds Crossroads neighborhood, 30.1% of the working population is employed in manufacturing and laborer 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 29.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (26.6%), and 12.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Yadkin College / Reeds Crossroads neighborhood is English, spoken by 96.9% of households. Some people also speak Mon-Khmer (the dominant language of Cambodia) (2.7%).

Ethnicity / Ancestry

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 Yadkin College / Reeds Crossroads neighborhood in Lexington, NC, residents most commonly identify their ethnicity or ancestry as English (19.2%). There are also a number of people of German ancestry (16.6%), and residents who report Asian roots (5.1%), and some of the residents are also of Irish ancestry (4.1%), along with some Scots-Irish ancestry residents (1.4%), 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 Yadkin College / Reeds Crossroads neighborhood spend between 30 and 45 minutes commuting one-way to work (34.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (88.6%) 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 (7.9%) . 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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