Hanover Heights / Greenfield Lake Estates median real estate price is $272,887, which is less expensive than 62.3% of North Carolina neighborhoods and 67.6% of all U.S. neighborhoods.
The average rental price in Hanover Heights / Greenfield Lake Estates is currently $1,889, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.2% of North Carolina neighborhoods.
Hanover Heights / Greenfield Lake Estates is a suburban neighborhood (based on population density) located in Wilmington, North Carolina.
Hanover Heights / Greenfield Lake Estates 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Hanover Heights / Greenfield Lake Estates neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Hanover Heights / Greenfield Lake Estates has a 11.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.2% 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.
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 Hanover Heights / Greenfield Lake Estates neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Hanover Heights / Greenfield Lake Estates neighborhood has a greater percentage of children living in poverty (75.7%) than found in 99.1% 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, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 51.5%. This is a higher percent living alone than we found in 96.2% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Hanover Heights / Greenfield Lake Estates neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.2% of all American neighborhoods.
85.7% of the real estate in the Hanover Heights / Greenfield Lake Estates neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Did you know that the Hanover Heights / Greenfield Lake Estates neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.4% of this neighborhood's residents have African ancestry and 11.7% have Sub-Saharan African 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 Hanover Heights / Greenfield Lake Estates neighborhood in Wilmington are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 90.9% of U.S. neighborhoods. With 75.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.1% 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 Hanover Heights / Greenfield Lake Estates neighborhood, 40.6% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 23.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.9%), and 14.1% in clerical, assistant, and tech support occupations.
The most common language spoken in the Hanover Heights / Greenfield Lake Estates neighborhood is English, spoken by 86.1% of households. Some people also speak Spanish (10.0%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Hanover Heights / Greenfield Lake Estates neighborhood in Wilmington, NC, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (11.7%). There are also a number of people of African ancestry (11.4%), and residents who report Irish roots (6.4%), and some of the residents are also of German ancestry (6.2%), along with some Mexican 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 Hanover Heights / Greenfield Lake Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (55.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (76.5%) 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 (16.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.