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Real Estate Prices & Overview

Grove View Terrace / Estates Dr median real estate price is $187,997, which is less expensive than 79.3% of North Carolina neighborhoods and 80.8% of all U.S. neighborhoods.

The average rental price in Grove View Terrace / Estates Dr is currently $1,286, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 84.3% of North Carolina neighborhoods.

Grove View Terrace / Estates Dr is a rural neighborhood (based on population density) located in Fayetteville, North Carolina.

Grove View Terrace / Estates Dr 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 renter occupied. Many of the residences in the Grove View Terrace / Estates Dr neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Grove View Terrace / Estates Dr has a 11.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.1% 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.

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 Fayetteville, the Grove View Terrace / Estates Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

One of the unique characteristics of the Grove View Terrace / Estates Dr neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.2% of the neighborhoods in America. The Grove View Terrace / Estates Dr neighborhood also has a greater percentage of children living in poverty (65.8%) than found in 97.9% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

In addition, single parenting is hard. But you don't have to tell the Grove View Terrace / Estates Dr neighborhood about it; they already know. 19.3% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 96.6% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Modes of Transportation

In the Grove View Terrace / Estates Dr neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 30.9% of commuters carpool here, which is more than in 99.0% of all U.S. neighborhoods.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Grove View Terrace / Estates Dr neighborhood buck this trend. 25.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.5% of U.S. neighborhoods.

Diversity

Did you know that the Grove View Terrace / Estates Dr neighborhood has more Jamaican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.9% of this neighborhood's residents have Jamaican ancestry and 5.5% have Haitian ancestry.

Grove View Terrace / Estates Dr is also pretty special linguistically. Significantly, 0.9% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 96.4% of the neighborhoods in America.

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 Grove View Terrace / Estates Dr neighborhood in Fayetteville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.2% of U.S. neighborhoods. With 65.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.9% 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 Grove View Terrace / Estates Dr neighborhood, 36.5% 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 30.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.9%), and 13.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Grove View Terrace / Estates Dr neighborhood is English, spoken by 94.1% of households. Some people also speak Spanish (3.1%).

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 Grove View Terrace / Estates Dr neighborhood in Fayetteville, NC, residents most commonly identify their ethnicity or ancestry as Jamaican (10.9%). There are also a number of people of Haitian ancestry (5.5%), and residents who report Sub-Saharan African roots (4.5%), and some of the residents are also of African ancestry (4.5%), along with some Mexican ancestry residents (2.4%), among others.

Getting to Work

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 Grove View Terrace / Estates Dr neighborhood spend under 15 minutes commuting one-way to work (55.3% of working residents), one of the shortest commutes across America.

Here most residents (66.7%) 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 (30.9%) . 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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