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Real Estate Prices & Overview

Raeford Southeast median real estate price is $283,846, which is more expensive than 45.7% of the neighborhoods in North Carolina and 37.6% of the neighborhoods in the U.S.

The average rental price in Raeford Southeast is currently $2,165, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.9% of the neighborhoods in North Carolina.

Raeford Southeast is a rural neighborhood (based on population density) located in Raeford, North Carolina.

Raeford Southeast real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Raeford Southeast neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 6.4% in Raeford Southeast. NeighborhoodScout analysis shows that this rate is lower than 57.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Raeford, the Raeford Southeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

With 9.7% of employed workers living in the Raeford Southeast neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.4% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Raeford Southeast neighborhood. A whopping 69.3% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.7% of the neighborhoods in the U.S. Everything here just feels new.

Diversity

Did you know that the Raeford Southeast neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.1% of this neighborhood's residents have Native American ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Raeford Southeast neighborhood in Raeford are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 61.3% of U.S. neighborhoods. With 30.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 81.7% 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 Raeford Southeast neighborhood, 34.4% 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 26.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (24.8%), and 11.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Raeford Southeast neighborhood is English, spoken by 82.9% of households. Some people also speak Spanish (15.9%).

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 Raeford Southeast neighborhood in Raeford, NC, residents most commonly identify their ethnicity or ancestry as Mexican (24.4%). There are also a number of people of German ancestry (8.9%), and residents who report Scottish roots (3.6%), and some of the residents are also of Irish ancestry (2.4%), along with some Italian ancestry residents (2.2%), among others. In addition, 12.5% of the residents of this neighborhood were born in another country.

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 Raeford Southeast neighborhood spend between 30 and 45 minutes commuting one-way to work (36.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (81.2%) 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 (15.9%) . 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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