Colony / Golden Acres median real estate price is $228,284, which is more expensive than 36.9% of the neighborhoods in South Carolina and 24.0% of the neighborhoods in the U.S.
The average rental price in Colony / Golden Acres is currently $1,330, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 80.6% of South Carolina neighborhoods.
Colony / Golden Acres is a suburban neighborhood (based on population density) located in Columbia, South Carolina.
Colony / Golden Acres real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Colony / Golden Acres neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Colony / Golden Acres has a 10.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.6% 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 Columbia, the Colony / Golden Acres neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Single parenting is hard. But you don't have to tell the Colony / Golden Acres neighborhood about it; they already know. 47.0% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 100.0% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.
In addition, one of the unique characteristics of the Colony / Golden Acres neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.9% of the neighborhoods in America. Also of note, 76.3% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
In the Colony / Golden Acres neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 27.3% of commuters carpool here, which is more than in 97.9% of all U.S. neighborhoods.
With 3.2% of employed workers living in the Colony / Golden Acres neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 97.7% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Furthermore, from major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Colony / Golden Acres neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 95.3% of all American neighborhoods.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Colony / Golden Acres neighborhood have a highly unusual car ownership. 22.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.7% of U.S. neighborhoods.
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 Colony / Golden Acres neighborhood in Columbia are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.9% of U.S. neighborhoods. With 76.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.1% 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 Colony / Golden Acres neighborhood, 37.5% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 31.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.4%), and 14.5% in manufacturing and laborer occupations.
The most common language spoken in the Colony / Golden Acres neighborhood is English, spoken by 95.4% of households. Some people also speak Spanish (4.0%).
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 Colony / Golden Acres neighborhood in Columbia, SC, residents most commonly identify their ethnicity or ancestry as Puerto Rican (4.1%). There are also a number of people of Sub-Saharan African ancestry (2.1%), and residents who report African roots (2.1%).
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 Colony / Golden Acres neighborhood spend between 15 and 30 minutes commuting one-way to work (59.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (50.9%) 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 (27.3%) and 9.8% 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.