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Real Estate Prices & Overview

Southeastern Baptist Theological Seminary median real estate price is $506,777, which is more expensive than 79.7% of the neighborhoods in North Carolina and 67.0% of the neighborhoods in the U.S.

The average rental price in Southeastern Baptist Theological Seminary is currently $2,190, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.4% of the neighborhoods in North Carolina.

Southeastern Baptist Theological Seminary is a suburban neighborhood (based on population density) located in Wake Forest, North Carolina.

Southeastern Baptist Theological Seminary real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Southeastern Baptist Theological Seminary neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Southeastern Baptist Theological Seminary has a 10.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.1% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (5.3%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

Notable & Unique Neighborhood Characteristics

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 Wake Forest, the Southeastern Baptist Theological Seminary neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Southeastern Baptist Theological Seminary neighborhood stands out within North Carolina for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 9.5% of college-friendly places to live in NC. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for first-time home buyers.

Diversity

Did you know that the Southeastern Baptist Theological Seminary neighborhood has more West Indian and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.3% of this neighborhood's residents have West Indian ancestry and 4.1% have Ukrainian ancestry.

Southeastern Baptist Theological Seminary is also pretty special linguistically. Significantly, 2.8% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 97.4% 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 Southeastern Baptist Theological Seminary neighborhood in Wake Forest are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 69.3% of the neighborhoods in America. In addition, 5.5% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 62.9% of America'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 Southeastern Baptist Theological Seminary neighborhood, 62.7% 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 14.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.1%), and 11.1% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

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 Southeastern Baptist Theological Seminary neighborhood is English, spoken by 86.3% of households. Other important languages spoken here include Spanish and Korean.

Ethnicity / Ancestry

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 Southeastern Baptist Theological Seminary neighborhood in Wake Forest, NC, residents most commonly identify their ethnicity or ancestry as Irish (16.9%). There are also a number of people of German ancestry (13.1%), and residents who report English roots (12.2%), and some of the residents are also of Italian ancestry (7.5%), along with some Asian ancestry residents (5.9%), among others. In addition, 10.5% of the residents of this neighborhood were born in another country.

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 Southeastern Baptist Theological Seminary neighborhood spend between 30 and 45 minutes commuting one-way to work (37.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (69.7%) 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 (8.0%) . 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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