East Forest South median real estate price is $340,223, which is more expensive than 55.1% of the neighborhoods in North Carolina and 45.2% of the neighborhoods in the U.S.
The average rental price in East Forest South is currently $2,417, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 78.9% of the neighborhoods in North Carolina.
East Forest South is an urban neighborhood (based on population density) located in Charlotte, North Carolina.
East Forest South real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the East Forest South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in East Forest South. The current real estate vacancy rate here is 19.8%. This is higher than the rate of vacancies in 87.4% 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.
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.
The East Forest South neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 97.3% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
In addition, 100.0% of the real estate in the East Forest South neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Furthermore, the real estate in the East Forest South neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 86.3% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.6% of American neighborhoods.
Our research shows that more people carpool to work here in the East Forest South (34.3%) than in 99.4% of the neighborhoods in America.
Did you know that the East Forest South neighborhood has more South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.7% of this neighborhood's residents have South American ancestry.
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 East Forest South neighborhood in Charlotte are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.0% of U.S. neighborhoods. With 19.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.9% 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 East Forest South neighborhood, 29.4% 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 clerical, assistant, and tech support occupations, with 28.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.2%), and 17.7% in executive, management, and professional occupations.
The most common language spoken in the East Forest South neighborhood is English, spoken by 74.3% of households. Some people also speak Spanish (25.4%).
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 East Forest South neighborhood in Charlotte, NC, residents most commonly identify their ethnicity or ancestry as South American (8.7%). There are also a number of people of Sub-Saharan African ancestry (8.6%), and residents who report Mexican roots (5.3%), and some of the residents are also of African ancestry (2.5%), along with some German ancestry residents (2.3%), among others. In addition, 24.7% of the residents of this neighborhood were born in another country.
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 East Forest South neighborhood spend under 15 minutes commuting one-way to work (38.6% of working residents), one of the shortest commutes across America.
Here most residents (55.2%) 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 (34.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.