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Real Estate Prices & Overview

Grove View Terrace / Estates Dr median real estate price is $147,024, which is less expensive than 87.7% of North Carolina neighborhoods and 87.2% of all U.S. neighborhoods.

The average rental price in Grove View Terrace / Estates Dr is currently $1,279, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.4% of North Carolina neighborhoods.

Grove View Terrace / Estates Dr is a rural neighborhood (based on population density) located in Fayetteville, North Carolina.

Grove View Terrace / Estates Dr 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Grove View Terrace / Estates Dr neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Grove View Terrace / Estates Dr has a 11.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.1% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 Fayetteville, the Grove View Terrace / Estates Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Grove View Terrace / Estates Dr neighborhood stands out for having an average per capita income lower than 99.2% of the neighborhoods in the United States. Also of note, 65.8% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, single parenting is hard. But you don't have to tell the Grove View Terrace / Estates Dr neighborhood about it; they already know. 19.3% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 96.6% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Modes of Transportation

Our research shows that more people carpool to work here in the Grove View Terrace / Estates Dr (30.9%) than in 99.0% of the neighborhoods in America.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Grove View Terrace / Estates Dr neighborhood have a highly unusual car ownership. 25.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.5% of U.S. neighborhoods.

Diversity

Did you know that the Grove View Terrace / Estates Dr neighborhood has more Jamaican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.9% of this neighborhood's residents have Jamaican ancestry and 5.5% have Haitian ancestry.

Grove View Terrace / Estates Dr is also pretty special linguistically. Significantly, 0.9% 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 96.4% of the neighborhoods in America.

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 Grove View Terrace / Estates Dr neighborhood in Fayetteville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.2% of U.S. neighborhoods. With 65.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.9% of U.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 Grove View Terrace / Estates Dr neighborhood, 36.5% of the working population is employed in manufacturing and laborer 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 30.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.9%), and 13.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Grove View Terrace / Estates Dr neighborhood is English, spoken by 94.1% of households. Some people also speak Spanish (3.1%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Grove View Terrace / Estates Dr neighborhood in Fayetteville, NC, residents most commonly identify their ethnicity or ancestry as Jamaican (10.9%). There are also a number of people of Haitian ancestry (5.5%), and residents who report Sub-Saharan African roots (4.5%), and some of the residents are also of African ancestry (4.5%), along with some Mexican ancestry residents (2.4%), 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 Grove View Terrace / Estates Dr neighborhood spend under 15 minutes commuting one-way to work (55.3% of working residents), one of the shortest commutes across America.

Here most residents (66.7%) 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 (30.9%) . 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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