Ridgeloch median real estate price is $559,616, which is more expensive than 83.1% of the neighborhoods in North Carolina and 70.7% of the neighborhoods in the U.S.
The average rental price in Ridgeloch is currently $2,733, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.4% of the neighborhoods in North Carolina.
Ridgeloch is a suburban neighborhood (based on population density) located in Raleigh, North Carolina.
Ridgeloch 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 occupied by a mixture of owners and renters. Many of the residences in the Ridgeloch neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Ridgeloch has a 13.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.0% 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.
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 Raleigh, the Ridgeloch neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Did you know that the Ridgeloch neighborhood has more British and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.8% of this neighborhood's residents have British ancestry and 3.5% have Greek ancestry.
Ridgeloch is also pretty special linguistically. Significantly, 4.4% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 98.1% of the neighborhoods in America.
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 Ridgeloch neighborhood in Raleigh are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 67.8% of the neighborhoods in America. With 15.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.0% 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 Ridgeloch neighborhood, 59.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 15.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.5%), and 9.1% in clerical, assistant, and tech support occupations.
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 Ridgeloch neighborhood is English, spoken by 82.0% of households. Other important languages spoken here include Spanish and Arabic.
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 Ridgeloch neighborhood in Raleigh, NC, residents most commonly identify their ethnicity or ancestry as English (18.2%). There are also a number of people of German ancestry (14.1%), and residents who report Irish roots (8.4%), and some of the residents are also of Italian ancestry (6.1%), along with some Arab ancestry residents (5.6%), among others. In addition, 12.5% 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 Ridgeloch neighborhood spend between 15 and 30 minutes commuting one-way to work (47.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (74.2%) 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 (6.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.