Piedmont Hills / Rainbow Meadowood median real estate price is $137,524, which is less expensive than 91.3% of North Carolina neighborhoods and 90.4% of all U.S. neighborhoods.
The average rental price in Piedmont Hills / Rainbow Meadowood is currently $1,747, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.1% of North Carolina neighborhoods.
Piedmont Hills / Rainbow Meadowood is a suburban neighborhood (based on population density) located in Greensboro, North Carolina.
Piedmont Hills / Rainbow Meadowood 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 Piedmont Hills / Rainbow Meadowood neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Piedmont Hills / Rainbow Meadowood has a 9.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.6% 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.
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.
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Piedmont Hills / Rainbow Meadowood neighborhood has more single mother households than 98.8% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
Our research shows that more people carpool to work here in the Piedmont Hills / Rainbow Meadowood (29.9%) than in 98.7% of the neighborhoods in America.
Did you know that the Piedmont Hills / Rainbow Meadowood neighborhood has more Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.8% of this neighborhood's residents have Scots-Irish 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 Piedmont Hills / Rainbow Meadowood neighborhood in Greensboro are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.8% of U.S. neighborhoods. With 21.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.2% 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 Piedmont Hills / Rainbow Meadowood neighborhood, 37.0% of the working population is employed in manufacturing and laborer 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 31.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.7%), and 8.6% in executive, management, and professional occupations.
The most common language spoken in the Piedmont Hills / Rainbow Meadowood neighborhood is English, spoken by 74.1% of households. Some people also speak Spanish (22.2%).
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 Piedmont Hills / Rainbow Meadowood neighborhood in Greensboro, NC, residents most commonly identify their ethnicity or ancestry as Mexican (14.2%). There are also a number of people of German ancestry (6.2%), and residents who report English roots (5.5%), and some of the residents are also of Scots-Irish ancestry (3.8%), along with some Asian ancestry residents (3.8%), among others. In addition, 19.0% 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 Piedmont Hills / Rainbow Meadowood neighborhood spend under 15 minutes commuting one-way to work (43.9% of working residents), one of the shortest commutes across America.
Here most residents (52.8%) 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 (29.9%) and 9.6% 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.