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Real Estate Prices & Overview

Pee Dee / Wadeville median real estate price is $239,533, which is less expensive than 68.0% of North Carolina neighborhoods and 72.6% of all U.S. neighborhoods.

The average rental price in Pee Dee / Wadeville is currently $1,142, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 89.1% of North Carolina neighborhoods.

Pee Dee / Wadeville is a remote neighborhood (based on population density) located in Mount Gilead, North Carolina.

Pee Dee / Wadeville real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Pee Dee / Wadeville 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.

Vacant apartments or homes are a major fact of life in Pee Dee / Wadeville. The current real estate vacancy rate here is 53.6%. This is higher than the rate of vacancies in 99.1% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (39.2%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

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.

Modes of Transportation

Our research reveals that 95.7% of commuters who live in the Pee Dee / Wadeville neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 99.8% of U.S. neighborhoods.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Pee Dee / Wadeville neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.4% of all American neighborhoods.

Real Estate

Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 53.6% of the residential real estate vacant, the Pee Dee / Wadeville neighborhood claims the distinction of having a higher vacancy rate than 99.1% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

In addition, the real estate in this neighborhood consists of more mobile homes than 98.6% of all neighborhoods in America, with 45.0% 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.

Furthermore, uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 37 residents per square mile, Pee Dee / Wadeville is less crowded than 91.4% of all U.S. neighborhoods. One of the notable things about Pee Dee / Wadeville is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

People

Astoundingly, the Pee Dee / Wadeville neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 97.3% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Mount Gilead neighborhood.

Diversity

Significantly, 0.6% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 95.1% of the neighborhoods in America.

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 Pee Dee / Wadeville neighborhood in Mount Gilead are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 86.4% of U.S. neighborhoods. With 10.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 51.9% 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 Pee Dee / Wadeville neighborhood, 48.7% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 19.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.9%), and 13.5% in executive, management, and professional occupations.

Languages

The most common language spoken in the Pee Dee / Wadeville neighborhood is English, spoken by 99.7% of households. Some people also speak Italian (2.1%).

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 Pee Dee / Wadeville neighborhood in Mount Gilead, NC, residents most commonly identify their ethnicity or ancestry as English (12.3%). There are also a number of people of German ancestry (10.9%), and residents who report Irish roots (4.4%), and some of the residents are also of Sub-Saharan African ancestry (3.9%), along with some African ancestry residents (3.9%), 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 Pee Dee / Wadeville neighborhood spend under 15 minutes commuting one-way to work (26.0% of working residents), one of the shortest commutes across America.

Here most residents (95.7%) drive alone in a private automobile to get to work. 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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