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Real Estate Prices & Overview

Gates Four / Jefferson Village median real estate price is $362,309, which is more expensive than 68.3% of the neighborhoods in North Carolina and 55.9% of the neighborhoods in the U.S.

The average rental price in Gates Four / Jefferson Village is currently $3,227, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.4% of the neighborhoods in North Carolina.

Gates Four / Jefferson Village is a suburban neighborhood (based on population density) located in Fayetteville, North Carolina.

Gates Four / Jefferson Village real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Gates Four / Jefferson Village 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.

Real estate vacancies in Gates Four / Jefferson Village are 3.4%, which is lower than one will find in 79.1% of American neighborhoods. Demand for real estate in Gates Four / Jefferson Village is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Gates Four / Jefferson Village neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

With 9.1% of employed workers living in the Gates Four / Jefferson Village neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.4% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Furthermore, 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 Gates Four / Jefferson Village neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 18.1% of its workforce, this neighborhood has a greater concentration of government workers than 98.4% of U.S. neighborhoods.

Diversity

Did you know that the Gates Four / Jefferson Village neighborhood has more Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.0% of this neighborhood's residents have Austrian ancestry.

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 Gates Four / Jefferson Village neighborhood in Fayetteville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 68.4% of the neighborhoods in America. In addition, 3.0% 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 72.0% 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 Gates Four / Jefferson Village neighborhood, 52.1% 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 20.9% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (18.1%), and 14.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Gates Four / Jefferson Village neighborhood is English, spoken by 87.5% of households. Some people also speak Spanish (7.3%).

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 Gates Four / Jefferson Village neighborhood in Fayetteville, NC, residents most commonly identify their ethnicity or ancestry as German (14.0%). There are also a number of people of Italian ancestry (6.8%), and residents who report Asian roots (6.8%), and some of the residents are also of Irish ancestry (6.7%), along with some Puerto Rican ancestry residents (4.8%), 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 Gates Four / Jefferson Village neighborhood spend between 15 and 30 minutes commuting one-way to work (59.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (85.3%) 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 (7.4%) . 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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