Coliseum Drive median real estate price is $594,209, which is more expensive than 81.2% of the neighborhoods in North Carolina and 69.8% of the neighborhoods in the U.S.
The average rental price in Coliseum Drive is currently $2,159, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.6% of the neighborhoods in North Carolina.
Coliseum Drive is a suburban neighborhood (based on population density) located in Charlotte, North Carolina.
Coliseum Drive real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Coliseum Drive neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Coliseum Drive are 4.8%, which is lower than one will find in 66.6% of American neighborhoods. Demand for real estate in Coliseum Drive 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 Charlotte, the Coliseum Drive neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
One of the most interesting things about the Coliseum Drive neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 64.8% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.3% of the neighborhoods in America.
Did you know that the Coliseum Drive neighborhood has more Romanian and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.1% of this neighborhood's residents have Romanian ancestry and 4.7% have Greek ancestry.
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 Coliseum Drive neighborhood in Charlotte are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.2% of U.S. neighborhoods. With 20.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.3% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Coliseum Drive neighborhood, 40.5% of the working population is employed in executive, management, and professional 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 34.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.5%), and 5.5% in clerical, assistant, and tech support occupations.
The most common language spoken in the Coliseum Drive neighborhood is English, spoken by 97.6% of households.
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 Coliseum Drive neighborhood in Charlotte, NC, residents most commonly identify their ethnicity or ancestry as German (11.5%). There are also a number of people of Irish ancestry (11.2%), and residents who report English roots (6.8%), and some of the residents are also of Greek ancestry (4.7%), along with some Italian ancestry residents (4.7%), among others.
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 Coliseum Drive neighborhood spend under 15 minutes commuting one-way to work (42.2% of working residents), one of the shortest commutes across America.
Here most residents (79.5%) 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.