Wade / Meredith College median real estate price is $748,279, which is more expensive than 93.3% of the neighborhoods in North Carolina and 82.3% of the neighborhoods in the U.S.
The average rental price in Wade / Meredith College is currently $2,534, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 86.5% of the neighborhoods in North Carolina.
Wade / Meredith College is a suburban neighborhood (based on population density) located in Raleigh, North Carolina.
Wade / Meredith College 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 Wade / Meredith College neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 8.9% in Wade / Meredith College. NeighborhoodScout analysis shows that this rate is lower than 40.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
An extraordinary 20.3% of the residents of the Wade / Meredith College neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
In addition, one of the most interesting things about the Wade / Meredith College neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 51.9% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 96.2% of the neighborhoods in America.
If you like the look and ambience of new homes and newly built neighborhoods, you will love the Wade / Meredith College neighborhood. A whopping 73.5% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.9% of the neighborhoods in the U.S. Everything here just feels new.
In addition, the real estate in the Wade / Meredith College neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 74.7% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 95.8% of American neighborhoods.
Furthermore, renter-occupied real estate is dominant in the Wade / Meredith College neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 84.1%, which is higher than 95.1% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Wade / Meredith College neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.4% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Did you know that the Wade / Meredith College neighborhood has more Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.8% of this neighborhood's residents have Iranian ancestry.
Wade / Meredith College is also pretty special linguistically. Significantly, 4.8% 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 98.2% of the neighborhoods in America.
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 Wade / Meredith College neighborhood in Raleigh are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 58.7% 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 62.4% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Wade / Meredith College neighborhood, 68.5% of the working population is employed in executive, management, and professional 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 12.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.7%), and 8.9% in clerical, assistant, and tech support occupations.
The most common language spoken in the Wade / Meredith College neighborhood is English, spoken by 88.1% of households. Some people also speak Arabic (4.8%).
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 Wade / Meredith College neighborhood in Raleigh, NC, residents most commonly identify their ethnicity or ancestry as Irish (16.6%). There are also a number of people of English ancestry (15.3%), and residents who report German roots (8.5%), and some of the residents are also of Italian ancestry (4.6%), along with some Asian ancestry residents (3.9%), among others.
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 Wade / Meredith College neighborhood spend between 15 and 30 minutes commuting one-way to work (46.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (64.2%) 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.