This is a small community in a single neighborhood.
As throughout the site, some neighborhood-level data are reserved for subscribers.
What do we mean by a neighborhood?
NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Silverstreet is a tiny town located in the state of South Carolina. With a population of 164 people and just one neighborhood, Silverstreet is the 275th largest community in South Carolina.
Occupations and Workforce
Unlike some towns, Silverstreet isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Silverstreet are a mix of both white- and blue-collar jobs. Overall, Silverstreet is a town of managers, sales and office workers, and professionals. There are especially a lot of people living in Silverstreet who work in management occupations (20.34%), sales jobs (13.56%), and healthcare (8.47%).
Also of interest is that Silverstreet has more people living here who work in computers and math than 95% of the places in the US.
Setting & Lifestyle
Because of many things, Silverstreet is a great place for families with children to consider. First of all, many other families with children live here, making Silverstreet a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Silverstreet has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Silverstreet’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
The town is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Silverstreet has relatively fewer families with younger children, and/or college students. Combined, this makes Silverstreet a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.
Silverstreet is a small town, and as is often the case with smaller towns, the population isn't large or dense enough to support much in the way of a public transportation system. In fact, there are many rural roads around Silverstreet, which makes walking or biking to and from work a bit difficult. This makes for a very car-oriented town: 100.00% of residents commute to work by private automobile, and people often drive out of town for work, shopping, and other activities.
Silverstreet is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
Demographics
In terms of college education, Silverstreet is somewhat better educated than the 21.84% who have a 4-year degree or higher in the typical US community: 25.00% of adults 25 and older in the town have at least a bachelor's degree.
The per capita income in Silverstreet in 2022 was $51,373, which is wealthy relative to South Carolina and the nation. This equates to an annual income of $205,492 for a family of four.
Silverstreet is a somewhat ethnically-diverse town. The people who call Silverstreet home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Silverstreet residents report their race to be White, followed by Black or African-American. Important ancestries of people in Silverstreet include German, Scots-Irish, Irish, European, and British.
The most common language spoken in Silverstreet is English. Other important languages spoken here include Other Asian languages and Serbo-Croatian.
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.
Real Estate
This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 22 people per square mile living here, this neighborhood is less crowded than 94.4% of America.
Diversity
Did you know that the neighborhood has more Scottish and French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.2% of this neighborhood's residents have Scottish ancestry and 9.7% have French 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 neighborhood in Silverstreet are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 60.2% of U.S. neighborhoods. In addition, 2.1% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 74.9% of America'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 neighborhood, 36.4% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 31.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.7%), and 15.9% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the neighborhood is English, spoken by 80.3% of households. Some people also speak Spanish (7.0%).
Ethnicity / Ancestry
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 neighborhood in Silverstreet, SC, residents most commonly identify their ethnicity or ancestry as German (11.2%). There are also a number of people of French ancestry (9.7%), and residents who report Scottish roots (8.2%), and some of the residents are also of Mexican ancestry (6.0%), along with some English ancestry residents (5.0%), 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 neighborhood spend under 15 minutes commuting one-way to work (30.1% of working residents), one of the shortest commutes across America.
Here most residents (88.2%) 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.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
