menu






Real Estate Prices & Overview

Fairway Hills / Town Center median real estate price is $286,776, which is more expensive than 45.1% of the neighborhoods in North Carolina and 37.4% of the neighborhoods in the U.S.

The average rental price in Fairway Hills / Town Center is currently $2,005, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.0% of the neighborhoods in North Carolina.

Fairway Hills / Town Center is a rural neighborhood (based on population density) located in Lake Junaluska, North Carolina.

Fairway Hills / Town Center real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Fairway Hills / Town Center 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 Fairway Hills / Town Center. The current real estate vacancy rate here is 34.5%. This is higher than the rate of vacancies in 96.3% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (29.9%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Fairway Hills / Town Center neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 20.4% of its workforce, this neighborhood has a greater concentration of government workers than 99.1% of U.S. neighborhoods.

Furthermore, the Fairway Hills / Town Center neighborhood stands out nationally for having a greater proportion of its residents active in the military than 96.5% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Fairway Hills / Town Center neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 67.4% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 98.0% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Real Estate

Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 34.5% of the residential real estate vacant, the Fairway Hills / Town Center neighborhood claims the distinction of having a higher vacancy rate than 96.3% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

Modes of Transportation

Our research reveals that 89.8% of commuters who live in the Fairway Hills / Town Center neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 96.1% of U.S. neighborhoods.

People

If you're planning where to retire, the Fairway Hills / Town Center neighborhood in Lake Junaluska is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in NC, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 85.6% of the neighborhoods in North Carolina. If you are considering retiring to North Carolina, this is a good neighborhood to look at.

Diversity

Did you know that the Fairway Hills / Town Center neighborhood has more Scots-Irish and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 17.6% of this neighborhood's residents have Scots-Irish ancestry and 4.5% have British ancestry.

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 Fairway Hills / Town Center neighborhood in Lake Junaluska are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 42.8% of the neighborhoods in America. With 13.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 56.9% 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 Fairway Hills / Town Center neighborhood, 67.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 20.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.3%), and 8.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Fairway Hills / Town Center neighborhood is English, spoken by 95.8% of households.

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 Fairway Hills / Town Center neighborhood in Lake Junaluska, NC, residents most commonly identify their ethnicity or ancestry as English (22.9%). There are also a number of people of Scots-Irish ancestry (17.6%), and residents who report German roots (7.1%), and some of the residents are also of Irish ancestry (6.9%), along with some British ancestry residents (4.5%), 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 Fairway Hills / Town Center neighborhood spend under 15 minutes commuting one-way to work (67.4% of working residents), one of the shortest commutes across America.

Here most residents (89.8%) 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 (7.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

comparable neighborhoods nearby