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Real Estate Prices & Overview

Ocean Ridge Plantation / Cool Run median real estate price is $745,995, which is more expensive than 90.9% of the neighborhoods in North Carolina and 81.3% of the neighborhoods in the U.S.

The average rental price in Ocean Ridge Plantation / Cool Run is currently $2,448, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.7% of the neighborhoods in North Carolina.

Ocean Ridge Plantation / Cool Run is a rural neighborhood (based on population density) located in Ocean Isle Beach, North Carolina.

Ocean Ridge Plantation / Cool Run real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Ocean Ridge Plantation / Cool Run neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Ocean Ridge Plantation / Cool Run. The current real estate vacancy rate here is 19.2%. This is higher than the rate of vacancies in 85.7% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (18.4%). 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

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 Ocean Isle Beach, the Ocean Ridge Plantation / Cool Run neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

If you are planning to retire in North Carolina, this neighborhood should be on your must-see list. For many reasons, Ocean Ridge Plantation / Cool Run may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in North Carolina, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.5% of neighborhoods in NC. If a North Carolina retirement is in your future, this neighborhood should be one of the places you visit.

In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Ocean Ridge Plantation / Cool Run neighborhood may actually hold the key. 76.7% of its residents are married, which is a higher percentage than is found in 99.3% of the neighborhoods in America.

Real Estate

One of the notable things about Ocean Ridge Plantation / Cool Run is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

In addition, homes built from 2000 through today make up a higher proportion of the Ocean Ridge Plantation / Cool Run neighborhood's real estate landscape than 96.6% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 74.2% of the residential real estate here is classified as newer.

Diversity

Did you know that the Ocean Ridge Plantation / Cool Run neighborhood has more Hungarian and Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.4% of this neighborhood's residents have Hungarian ancestry and 4.2% have Scots-Irish ancestry.

Ocean Ridge Plantation / Cool Run is also pretty special linguistically. Significantly, 0.7% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 95.1% of the neighborhoods in America.

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 Ocean Ridge Plantation / Cool Run neighborhood in Ocean Isle Beach are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.4% of the neighborhoods in America. With 43.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.8% 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 Ocean Ridge Plantation / Cool Run neighborhood, 48.2% 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 34.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.8%), and 6.1% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Ocean Ridge Plantation / Cool Run neighborhood is English, spoken by 96.3% of households. Other important languages spoken here include Italian, Polish and Spanish.

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 Ocean Ridge Plantation / Cool Run neighborhood in Ocean Isle Beach, NC, residents most commonly identify their ethnicity or ancestry as Irish (22.0%). There are also a number of people of German ancestry (20.4%), and residents who report English roots (17.8%), and some of the residents are also of Italian ancestry (7.4%), along with some Polish ancestry residents (5.2%), 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 Ocean Ridge Plantation / Cool Run neighborhood spend between 45 minutes and one hour commuting one-way to work (29.5% of working residents), longer and tougher than most commutes in America.

Here most residents (83.1%) 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.


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