Carnaby Loop / Alvina Way median real estate price is $324,517, which is more expensive than 59.0% of the neighborhoods in South Carolina and 41.5% of the neighborhoods in the U.S.
The average rental price in Carnaby Loop / Alvina Way is currently $2,407, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.1% of the neighborhoods in South Carolina.
Carnaby Loop / Alvina Way is a suburban neighborhood (based on population density) located in Myrtle Beach, South Carolina.
Carnaby Loop / Alvina Way real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Carnaby Loop / Alvina Way neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Carnaby Loop / Alvina Way. The current real estate vacancy rate here is 23.1%. This is higher than the rate of vacancies in 90.9% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (19.8%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
If you like the look and ambience of new homes and newly built neighborhoods, you will love the Carnaby Loop / Alvina Way neighborhood. A whopping 81.4% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 97.5% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
Astoundingly, the Carnaby Loop / Alvina Way neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 97.1% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Myrtle Beach neighborhood.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Carnaby Loop / Alvina Way neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 95.2% of all American neighborhoods.
Significantly, 2.5% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 98.2% of the neighborhoods in America.
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 Carnaby Loop / Alvina Way neighborhood in Myrtle Beach are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 61.1% of U.S. neighborhoods. In addition, 8.9% 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 52.7% 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 Carnaby Loop / Alvina Way neighborhood, 38.9% 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 37.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.9%), and 11.8% in clerical, assistant, and tech support occupations.
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 Carnaby Loop / Alvina Way neighborhood is English, spoken by 86.8% of households. Other important languages spoken here include Spanish, Portuguese and African languages.
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 Carnaby Loop / Alvina Way neighborhood in Myrtle Beach, SC, residents most commonly identify their ethnicity or ancestry as German (11.1%). There are also a number of people of Italian ancestry (11.0%), and residents who report Irish roots (8.4%), and some of the residents are also of English ancestry (7.8%), along with some Scottish ancestry residents (4.8%), among others. In addition, 11.8% of the residents of this neighborhood were born in another country.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Carnaby Loop / Alvina Way neighborhood spend between 15 and 30 minutes commuting one-way to work (60.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (72.9%) 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 (17.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.