Cherry Point median real estate price is $184,778, which is less expensive than 81.9% of North Carolina neighborhoods and 83.0% of all U.S. neighborhoods.
The average rental price in Cherry Point is currently $2,518, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.6% of the neighborhoods in North Carolina.
Cherry Point is a rural neighborhood (based on population density) located in Havelock, North Carolina. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Cherry Point real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) townhomes and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Cherry Point neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Cherry Point has a 14.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.0% 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.
Do you like a coastal setting? If so, this neighborhood may be to your liking. The Cherry Point neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Cherry Point is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, if you love row houses and attached homes, you will probably really like the Cherry Point neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 67.3% of the residential real estate here is classified as row houses and attached homes.
Furthermore, renter-occupied real estate is dominant in the Cherry Point neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 99.2%, which is higher than 99.0% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
NeighborhoodScout's exclusive research identifies the Cherry Point neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 69.6% of its working residents employed in such fields, which is a higher proportion than 100.0% of American neighborhoods.
Furthermore, with 22.5% of employed workers living in the Cherry Point neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.7% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Cherry Point neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 78.0% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.4% of U.S. neighborhoods. Less time commuting means more time for other things in life.
In the Cherry Point neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 31.7% of commuters carpool here, which is more than in 99.1% of all U.S. neighborhoods.
Also, in the Cherry Point neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 11.3% of residents here. This is a higher proportion of walking commuters than we found in 95.7% of American neighborhoods. Get ready to put on your walking shoes if you move here!
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Cherry Point neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.7% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Did you know that the Cherry Point neighborhood has more British and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have British ancestry and 6.1% have South American ancestry.
Cherry Point is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 98.6% 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 Cherry Point neighborhood in Havelock are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. With 33.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.2% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Cherry Point neighborhood, 69.6% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is the military, with 22.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.0%), and 9.8% in executive, management, and professional occupations.
Languages
The most common language spoken in the Cherry Point neighborhood is English, spoken by 77.9% of households. Some people also speak Spanish (16.4%).
Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Cherry Point neighborhood in Havelock, NC, residents most commonly identify their ethnicity or ancestry as German (18.8%). There are also a number of people of Mexican ancestry (16.5%), and residents who report Irish roots (12.3%), and some of the residents are also of South American ancestry (6.1%), along with some Asian ancestry residents (5.4%), 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 Cherry Point neighborhood spend under 15 minutes commuting one-way to work (78.0% of working residents), one of the shortest commutes across America.
Here most residents (51.6%) 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 (31.7%) and 11.3% of residents also hop out the door and walk to work 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.
