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Real Estate Prices & Overview

Tin City / Town Center median real estate price is $244,354, which is more expensive than 34.5% of the neighborhoods in North Carolina and 29.1% of the neighborhoods in the U.S.

The average rental price in Tin City / Town Center is currently $1,129, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 91.7% of North Carolina neighborhoods.

Tin City / Town Center is a rural neighborhood (based on population density) located in Wallace, North Carolina.

Tin City / Town Center 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 Tin City / Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Tin City / Town Center has a 13.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.8% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (7.2%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

Notable & Unique Neighborhood Characteristics

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 Wallace, the Tin City / Town Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Tin City / Town Center neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Tin City / Town Center neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 69.0% 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 98.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Occupations

More people work in manufacturing and as laborers here in the Tin City / Town Center neighborhood than in 98.0% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Modes of Transportation

Our research reveals that 90.8% of commuters who live in the Tin City / Town Center neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 97.9% of U.S. neighborhoods.

Migration / Stability

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 Tin City / Town Center neighborhood. More residents of the Tin City / Town Center neighborhood live here today that also were living in this same neighborhood five years ago than is found in 96.4% 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.

The Neighbors

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 Tin City / Town Center neighborhood in Wallace are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.9% of U.S. neighborhoods. With 51.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.8% 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 Tin City / Town Center neighborhood, 46.7% 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 28.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.7%), and 7.7% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Tin City / Town Center neighborhood is English, spoken by 92.2% of households. Some people also speak Spanish (7.8%).

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 Tin City / Town Center neighborhood in Wallace, NC, residents most commonly identify their ethnicity or ancestry as English (7.8%). There are also a number of people of Puerto Rican ancestry (6.3%), and residents who report German roots (4.6%), and some of the residents are also of Irish ancestry (2.7%), along with some Scottish ancestry residents (2.4%), among others.

Getting to Work

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 Tin City / Town Center neighborhood spend under 15 minutes commuting one-way to work (69.0% of working residents), one of the shortest commutes across America.

Here most residents (90.8%) 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 (7.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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