Fairfield Park / Merestone median real estate price is $365,147, which is more expensive than 58.9% of the neighborhoods in North Carolina and 48.5% of the neighborhoods in the U.S.
The average rental price in Fairfield Park / Merestone is currently $2,171, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.2% of the neighborhoods in North Carolina.
Fairfield Park / Merestone is a suburban neighborhood (based on population density) located in Wilmington, North Carolina.
Fairfield Park / Merestone real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Fairfield Park / Merestone neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Fairfield Park / Merestone are 4.8%, which is lower than one will find in 66.7% of American neighborhoods. Demand for real estate in Fairfield Park / Merestone is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 Wilmington, the Fairfield Park / Merestone neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In a nation where 1 out of every 4 children lives in poverty, the Fairfield Park / Merestone neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, the first thing that you'll notice if you moved to this neighborhood is that an astounding 3.3% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.3% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Fairfield Park / Merestone neighborhood should definitely be on your list of places to consider.
Also, with a nice mix of college students, safety from crime, and decent walkability, the Fairfield Park / Merestone neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 88.9% of the neighborhoods in NC. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Did you know that the Fairfield Park / Merestone neighborhood has more Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.0% of this neighborhood's residents have Eastern European ancestry.
Fairfield Park / Merestone is also pretty special linguistically. Significantly, 4.8% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 98.3% of the neighborhoods in America.
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 Fairfield Park / Merestone neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Fairfield Park / Merestone neighborhood in Wilmington are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 61.6% 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.
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 Fairfield Park / Merestone neighborhood, 52.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 19.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.3%), and 9.7% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Fairfield Park / Merestone neighborhood is English, spoken by 82.2% of households. Other important languages spoken here include Spanish, Italian and Arabic.
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 Fairfield Park / Merestone neighborhood in Wilmington, NC, residents most commonly identify their ethnicity or ancestry as English (17.8%). There are also a number of people of German ancestry (14.1%), and residents who report Eastern European roots (9.0%), and some of the residents are also of Irish ancestry (8.8%), along with some Italian ancestry residents (5.9%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Fairfield Park / Merestone neighborhood spend under 15 minutes commuting one-way to work (38.9% of working residents), one of the shortest commutes across America.
Here most residents (68.7%) 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.