Bakers median real estate price is $254,357, which is more expensive than 36.4% of the neighborhoods in North Carolina and 31.5% of the neighborhoods in the U.S.
The average rental price in Bakers is currently $1,907, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.4% of North Carolina neighborhoods.
Bakers is a suburban neighborhood (based on population density) located in Monroe, North Carolina.
Bakers 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 renter occupied. Many of the residences in the Bakers neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Bakers has a 14.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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.
More people work in manufacturing and as laborers here in the Bakers neighborhood than in 98.2% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.
Did you know that the Bakers neighborhood has more Greek and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.1% of this neighborhood's residents have Greek ancestry and 3.8% have Welsh ancestry.
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 Bakers neighborhood in Monroe are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.1% of U.S. neighborhoods. With 41.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.6% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Bakers neighborhood, 47.5% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 22.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.5%), and 13.2% in executive, management, and professional occupations.
The most common language spoken in the Bakers neighborhood is English, spoken by 74.3% of households. Some people also speak Spanish (25.7%).
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 Bakers neighborhood in Monroe, NC, residents most commonly identify their ethnicity or ancestry as Mexican (30.4%). There are also a number of people of Italian ancestry (4.6%), and residents who report Irish roots (4.5%), and some of the residents are also of German ancestry (4.1%), along with some Greek ancestry residents (4.1%), among others. In addition, 17.1% of the residents of this neighborhood were born in another country.
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 Bakers neighborhood spend under 15 minutes commuting one-way to work (49.7% of working residents), one of the shortest commutes across America.
Here most residents (76.0%) 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 (17.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.