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Real Estate Prices & Overview

Cumberland / North Carolina A & T State University median real estate price is $229,453, which is less expensive than 71.7% of North Carolina neighborhoods and 75.1% of all U.S. neighborhoods.

The average rental price in Cumberland / North Carolina A & T State University is currently $1,246, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 84.3% of North Carolina neighborhoods.

Cumberland / North Carolina A & T State University is a suburban neighborhood (based on population density) located in Greensboro, North Carolina.

Cumberland / North Carolina A & T State University 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 Cumberland / North Carolina A & T State University neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Cumberland / North Carolina A & T State University. The current real estate vacancy rate here is 20.3%. This is higher than the rate of vacancies in 88.0% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Occupations

There are more people living in the Cumberland / North Carolina A & T State University neighborhood employed as sales and service workers (47.8%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

People

An extraordinary 72.5% of the residents of the Cumberland / North Carolina A & T State University neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

In addition, one of the unique characteristics of the Cumberland / North Carolina A & T State University neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.7% of the neighborhoods in America. The Cumberland / North Carolina A & T State University neighborhood also has a greater percentage of children living in poverty (78.0%) than found in 99.2% 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.

Also, one of the really interesting characteristics about the Cumberland / North Carolina A & T State University neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 1.0% of college-friendly places to live in the state of North Carolina.

Modes of Transportation

More people in Cumberland / North Carolina A & T State University choose to walk to work each day (21.8%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Also, our research revealed that more commuters here take the bus to work (11.4% ride the bus) than 95.9% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Real Estate

92.9% of the real estate in the Cumberland / North Carolina A & T State University neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Cumberland / North Carolina A & T State University neighborhood has a highly unusual pattern of car ownership. 23.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.0% of U.S. neighborhoods.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Cumberland / North Carolina A & T State University neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Cumberland / North Carolina A & T State University neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.8% of this neighborhood's residents have African ancestry and 15.1% have Sub-Saharan African 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 Cumberland / North Carolina A & T State University neighborhood in Greensboro are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.7% of U.S. neighborhoods. With 78.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.2% 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 Cumberland / North Carolina A & T State University neighborhood, 52.2% 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 executive, management, and professional occupations, with 23.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.7%), and 11.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Cumberland / North Carolina A & T State University neighborhood is English, spoken by 87.3% of households. Some people also speak Spanish (6.8%).

Ethnicity / Ancestry

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 Cumberland / North Carolina A & T State University neighborhood in Greensboro, NC, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (15.1%). There are also a number of people of African ancestry (8.8%), and residents who report Mexican roots (2.9%), and some of the residents are also of German ancestry (2.4%), along with some Irish ancestry residents (2.3%), among others. In addition, 10.5% 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 Cumberland / North Carolina A & T State University neighborhood spend under 15 minutes commuting one-way to work (55.1% of working residents), one of the shortest commutes across America.

Here most residents (47.0%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (21.8%) and 11.4% of residents also ride the bus for their daily commute. 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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