Windsor Estates / Oldtown median real estate price is $472,756, which is more expensive than 75.5% of the neighborhoods in North Carolina and 62.5% of the neighborhoods in the U.S.
The average rental price in Windsor Estates / Oldtown is currently $1,736, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.3% of North Carolina neighborhoods.
Windsor Estates / Oldtown is a suburban neighborhood (based on population density) located in Winston-Salem, North Carolina.
Windsor Estates / Oldtown 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 Windsor Estates / Oldtown 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 Windsor Estates / Oldtown. The current real estate vacancy rate here is 23.2%. This is higher than the rate of vacancies in 90.4% 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 Windsor Estates / Oldtown neighborhood has a greater percentage of children living in poverty (70.5%) than found in 98.6% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
In addition, windsor Estates / Oldtown has the amazing distinction of housing more same sex couples living together than 98.3% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.
Also, an extraordinary 12.2% of the residents of the Windsor Estates / Oldtown neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
The real estate in the Windsor Estates / Oldtown 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, 90.4% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.3% of American neighborhoods.
In addition, renter-occupied real estate is dominant in the Windsor Estates / Oldtown neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 95.8%, which is higher than 98.2% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Did you know that the Windsor Estates / Oldtown neighborhood has more Scots-Irish and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.4% of this neighborhood's residents have Scots-Irish ancestry and 2.8% have Cuban 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 Windsor Estates / Oldtown neighborhood in Winston-Salem are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 93.0% of U.S. neighborhoods. With 70.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.6% 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 Windsor Estates / Oldtown neighborhood, 48.0% 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 26.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.1%), and 6.7% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Windsor Estates / Oldtown neighborhood is English, spoken by 90.2% of households. Some people also speak Spanish (7.9%).
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 Windsor Estates / Oldtown neighborhood in Winston-Salem, NC, residents most commonly identify their ethnicity or ancestry as German (7.7%). There are also a number of people of Irish ancestry (6.6%), and residents who report English roots (6.4%), and some of the residents are also of Sub-Saharan African ancestry (4.8%), along with some Italian ancestry residents (4.8%), among others.
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 Windsor Estates / Oldtown neighborhood spend under 15 minutes commuting one-way to work (41.3% of working residents), one of the shortest commutes across America.
Here most residents (68.4%) 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 (9.7%) and 6.7% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.