Raleigh Durham Intl Airport median real estate price is $593,749, which is more expensive than 85.7% of the neighborhoods in North Carolina and 73.3% of the neighborhoods in the U.S.
The average rental price in Raleigh Durham Intl Airport is currently $3,164, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.7% of the neighborhoods in North Carolina.
Raleigh Durham Intl Airport is a remote neighborhood (based on population density) located in Morrisville, North Carolina.
Raleigh Durham Intl Airport real estate is primarily made up of medium sized (three or four bedroom) townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Raleigh Durham Intl Airport neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Raleigh Durham Intl Airport, 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 Raleigh Durham Intl Airport 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 Morrisville, the Raleigh Durham Intl Airport neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Renter-occupied real estate is dominant in the Raleigh Durham Intl Airport neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% 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. With a real estate vacancy rate of only 0.0%, the Raleigh Durham Intl Airport 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.
In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Raleigh Durham Intl Airport neighborhood could be your paradise. With 100.0% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 0.0% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Raleigh Durham Intl Airport stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 100.0% of the residential real estate here was built in this one time period.
Also of note, this neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 0 people per square mile living here, this neighborhood is less crowded than 99.6% of America.
Of note is NeighborhoodScout's research finding that the Raleigh Durham Intl Airport neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Raleigh Durham Intl Airport community truly stands out from the rest in this regard.
In addition, neighborhoodScout's exclusive research revealed that 100.0% of the adult residents in the Raleigh Durham Intl Airport neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 100.0% of the neighborhoods in America.
Also, one of the most interesting things about the Raleigh Durham Intl Airport neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 100.0% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 100.0% of the neighborhoods in America.
Executives, managers and professionals make up 100.0% of the workforce in the Raleigh Durham Intl Airport neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 100.0% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Raleigh Durham Intl Airport neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Raleigh Durham Intl Airport neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 100.0% 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 100.0% of U.S. neighborhoods. Less time commuting means more time for other things in life.
While most Americans do drive to work alone each day, the Raleigh Durham Intl Airport neighborhood stands out by having 100.0% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 99.9% of all American neighborhoods.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Raleigh Durham Intl Airport neighborhood. More residents of the Raleigh Durham Intl Airport neighborhood live here today that also were living in this same neighborhood five years ago than is found in 100.0% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
Did you know that the Raleigh Durham Intl Airport neighborhood has more German and Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 100.0% of this neighborhood's residents have German ancestry and 100.0% have Irish ancestry.
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 Raleigh Durham Intl Airport neighborhood in Morrisville 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. In addition, 0.0% 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 100.0% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Raleigh Durham Intl Airport neighborhood, 100.0% of the working population is employed in executive, management, and professional occupations.
Languages
The most common language spoken in the Raleigh Durham Intl Airport neighborhood is English, spoken by 100.0% of households.
Ethnicity / Ancestry
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 Raleigh Durham Intl Airport neighborhood in Morrisville, NC, residents most commonly identify their ethnicity or ancestry as German (100.0%). There are also a number of people of Irish ancestry (100.0%).
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 Raleigh Durham Intl Airport neighborhood spend under 15 minutes commuting one-way to work (100.0% of working residents), one of the shortest commutes across America.
Here most residents (100.0%) 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.
