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Real Estate Prices & Overview

Cherry Crossroads / Phillips Crossroads median real estate price is $151,850, which is less expensive than 88.8% of North Carolina neighborhoods and 87.5% of all U.S. neighborhoods.

The average rental price in Cherry Crossroads / Phillips Crossroads is currently $1,901, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.6% of North Carolina neighborhoods.

Cherry Crossroads / Phillips Crossroads is a remote neighborhood (based on population density) located in Rocky Mount, North Carolina.

Cherry Crossroads / Phillips 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 Cherry Crossroads / Phillips 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.

Vacant apartments or homes are a major fact of life in Cherry Crossroads / Phillips Crossroads. The current real estate vacancy rate here is 17.1%. This is higher than the rate of vacancies in 82.2% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, 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.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 97.7% of all neighborhoods in America, with 39.7% 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.

In addition, uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 44 residents per square mile, Cherry Crossroads / Phillips Crossroads is less crowded than 90.3% of all U.S. neighborhoods.

People

The Cherry Crossroads / Phillips Crossroads neighborhood has a greater percentage of children living in poverty (62.8%) than found in 97.4% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

In addition, there is an especially high percentage of incarcerated people (0.9%) living in the Cherry Crossroads / Phillips Crossroads neighborhood.

Modes of Transportation

Our research shows that more people carpool to work here in the Cherry Crossroads / Phillips Crossroads (24.8%) than in 97.0% of the neighborhoods in America.

Also, more people ride the bus in this neighborhood each day to get to work than 96.9% of U.S. neighborhoods.

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 Cherry Crossroads / Phillips Crossroads neighborhood in Rocky Mount are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.4% of U.S. neighborhoods. With 62.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.4% of U.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 Cherry Crossroads / Phillips Crossroads neighborhood, 37.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 24.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.5%), and 18.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Cherry Crossroads / Phillips Crossroads neighborhood is English, spoken by 95.3% of households. Some people also speak Spanish (3.4%).

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 Cherry Crossroads / Phillips Crossroads neighborhood in Rocky Mount, NC, residents most commonly identify their ethnicity or ancestry as Mexican (4.8%). There are also a number of people of Irish ancestry (2.2%).

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 Cherry Crossroads / Phillips Crossroads neighborhood spend between 15 and 30 minutes commuting one-way to work (45.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (58.5%) 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 (24.8%) and 14.0% of residents also ride the bus for their daily commute. 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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