Knollwood Manor / Hanestown median real estate price is $419,286, which is more expensive than 69.6% of the neighborhoods in North Carolina and 57.3% of the neighborhoods in the U.S.
The average rental price in Knollwood Manor / Hanestown is currently $1,742, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.3% of North Carolina neighborhoods.
Knollwood Manor / Hanestown is a suburban neighborhood (based on population density) located in Winston-Salem, North Carolina.
Knollwood Manor / Hanestown real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Knollwood Manor / Hanestown neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Knollwood Manor / Hanestown has a 11.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.1% 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 Winston-Salem, the Knollwood Manor / Hanestown neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Knollwood Manor / Hanestown neighborhood stands out nationally for having a greater proportion of its residents active in the military than 97.1% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.
If you're planning where to retire, the Knollwood Manor / Hanestown neighborhood in Winston-Salem is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in NC, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 86.0% of the neighborhoods in North Carolina. If you are considering retiring to North Carolina, this is a good neighborhood to look at.
Did you know that the Knollwood Manor / Hanestown neighborhood has more English and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 22.9% of this neighborhood's residents have English ancestry and 2.2% have Greek ancestry.
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 Knollwood Manor / Hanestown neighborhood in Winston-Salem are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 49.8% of the neighborhoods in America. With 20.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.1% 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 Knollwood Manor / Hanestown neighborhood, 60.1% 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 17.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.7%), and 10.7% in manufacturing and laborer occupations.
The most common language spoken in the Knollwood Manor / Hanestown neighborhood is English, spoken by 84.4% of households. Some people also speak Spanish (9.5%).
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 Knollwood Manor / Hanestown neighborhood in Winston-Salem, NC, residents most commonly identify their ethnicity or ancestry as English (22.9%). There are also a number of people of German ancestry (16.5%), and residents who report Irish roots (11.9%), and some of the residents are also of Mexican ancestry (5.7%), along with some Asian ancestry residents (3.9%), among others.
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 Knollwood Manor / Hanestown neighborhood spend under 15 minutes commuting one-way to work (51.6% of working residents), one of the shortest commutes across America.
Here most residents (70.2%) 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 (7.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.