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Real Estate Prices & Overview

Caroline Village / Janita Lakes Estates median real estate price is $217,190, which is less expensive than 72.7% of North Carolina neighborhoods and 75.6% of all U.S. neighborhoods.

The average rental price in Caroline Village / Janita Lakes Estates is currently $1,963, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.7% of North Carolina neighborhoods.

Caroline Village / Janita Lakes Estates is a suburban neighborhood (based on population density) located in Winston-Salem, North Carolina.

Caroline Village / Janita Lakes Estates real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Caroline Village / Janita Lakes Estates neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 9.3% in Caroline Village / Janita Lakes Estates. NeighborhoodScout analysis shows that this rate is lower than 41.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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.

Diversity

Did you know that the Caroline Village / Janita Lakes Estates neighborhood has more British and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have British ancestry and 2.1% have Greek ancestry.

Caroline Village / Janita Lakes Estates is also pretty special linguistically. Significantly, 0.8% 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 95.4% 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 Caroline Village / Janita Lakes Estates neighborhood in Winston-Salem are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 48.5% of the neighborhoods in America. In addition, 3.2% 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 70.7% of America'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 Caroline Village / Janita Lakes Estates neighborhood, 33.9% 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 25.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.8%), and 17.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Caroline Village / Janita Lakes Estates neighborhood is English, spoken by 71.5% of households. Some people also speak Spanish (26.3%).

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 Caroline Village / Janita Lakes Estates neighborhood in Winston-Salem, NC, residents most commonly identify their ethnicity or ancestry as Mexican (8.4%). There are also a number of people of English ancestry (6.9%), and residents who report Irish roots (5.6%), and some of the residents are also of South American ancestry (4.6%), along with some Scottish ancestry residents (4.3%), among others. In addition, 19.7% of the residents of this neighborhood were born in another country.

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 Caroline Village / Janita Lakes Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (44.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (75.8%) 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 (21.4%) . 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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