Old Cherokee Rd / Cherokee Pond Trl median real estate price is $400,901, which is more expensive than 72.7% of the neighborhoods in South Carolina and 53.3% of the neighborhoods in the U.S.
The average rental price in Old Cherokee Rd / Cherokee Pond Trl is currently $1,941, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.1% of the neighborhoods in South Carolina.
Old Cherokee Rd / Cherokee Pond Trl is a suburban neighborhood (based on population density) located in Lexington, South Carolina.
Old Cherokee Rd / Cherokee Pond Trl real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Old Cherokee Rd / Cherokee Pond Trl neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Old Cherokee Rd / Cherokee Pond Trl, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Old Cherokee Rd / Cherokee Pond Trl is very tight compared to the demand for property here.
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.
With a real estate vacancy rate of only 0.0%, the Old Cherokee Rd / Cherokee Pond Trl neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
Astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 98.0% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Old Cherokee Rd / Cherokee Pond Trl neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
In addition, the Old Cherokee Rd / Cherokee Pond Trl neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 94.5% of South Carolina neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children.
Did you know that the Old Cherokee Rd / Cherokee Pond Trl neighborhood has more Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Romanian 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 Old Cherokee Rd / Cherokee Pond Trl neighborhood in Lexington are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 80.0% of the neighborhoods in America. In addition, 0.5% 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 79.7% 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 Old Cherokee Rd / Cherokee Pond Trl neighborhood, 66.6% 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 17.7% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (9.6%), and 8.7% in manufacturing and laborer occupations.
The most common language spoken in the Old Cherokee Rd / Cherokee Pond Trl neighborhood is English, spoken by 91.1% of households. Some people also speak Langs. of India (2.7%).
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 Old Cherokee Rd / Cherokee Pond Trl neighborhood in Lexington, SC, residents most commonly identify their ethnicity or ancestry as English (17.0%). There are also a number of people of Irish ancestry (12.5%), and residents who report German roots (11.9%), and some of the residents are also of Asian ancestry (8.7%), along with some Italian ancestry residents (4.9%), among others. In addition, 10.2% of the residents of this neighborhood were born in another country.
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 Old Cherokee Rd / Cherokee Pond Trl neighborhood spend between 30 and 45 minutes commuting one-way to work (36.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (83.0%) 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 (5.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.