Smallwood median real estate price is $200,532, which is less expensive than 76.9% of North Carolina neighborhoods and 78.7% of all U.S. neighborhoods.
The average rental price in Smallwood is currently $1,686, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.3% of North Carolina neighborhoods.
Smallwood is a suburban neighborhood (based on population density) located in Charlotte, North Carolina.
Smallwood 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 occupied by a mixture of owners and renters. Many of the residences in the Smallwood neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Smallwood, the current vacancy rate is 2.8%, which is a lower rate of vacancies than 81.2% of all neighborhoods in the U.S. This means that the housing supply in Smallwood is very tight compared to the demand for property here.
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 Charlotte, the Smallwood neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 50.1%. This is a higher percent living alone than we found in 95.7% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
Did you know that the Smallwood neighborhood has more Native American and Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have Native American ancestry and 1.2% have Slovak 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 Smallwood neighborhood in Charlotte are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.1% of U.S. neighborhoods. With 38.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.8% 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 Smallwood neighborhood, 29.4% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (26.2%), and 16.7% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Smallwood neighborhood is English, spoken by 92.8% of households.
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 Smallwood neighborhood in Charlotte, NC, residents most commonly identify their ethnicity or ancestry as Asian (8.8%). There are also a number of people of Sub-Saharan African ancestry (8.8%), and residents who report Irish roots (4.7%), and some of the residents are also of German ancestry (3.9%), along with some English ancestry residents (3.0%), 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 Smallwood neighborhood spend between 15 and 30 minutes commuting one-way to work (41.2% 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 a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.