Double Oaks / Genesis Park median real estate price is $641,481, which is more expensive than 87.1% of the neighborhoods in North Carolina and 74.9% of the neighborhoods in the U.S.
The average rental price in Double Oaks / Genesis Park is currently $1,740, based on Ä¢¹½ÊÓÆµ's exclusive analysis. Rents here are currently lower in price than 48.6% of North Carolina neighborhoods.
Double Oaks / Genesis Park is an urban neighborhood (based on population density) located in Charlotte, North Carolina.
Double Oaks / Genesis Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Double Oaks / Genesis Park neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.
In Double Oaks / Genesis Park, the current vacancy rate is 1.6%, which is a lower rate of vacancies than 88.3% of all neighborhoods in the U.S. This means that the housing supply in Double Oaks / Genesis Park is very tight compared to the demand for property here.
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 Charlotte, the Double Oaks / Genesis Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If you like the look and ambience of new homes and newly built neighborhoods, you will love the Double Oaks / Genesis Park neighborhood. A whopping 82.6% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 97.6% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
Did you know that the Double Oaks / Genesis Park neighborhood has more Sub-Saharan African and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.7% of this neighborhood's residents have Sub-Saharan African ancestry and 5.3% have African ancestry.
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 Double Oaks / Genesis Park neighborhood in Charlotte are lower-middle income, making it a below average income neighborhood. Ä¢¹½ÊÓÆµ's research shows that this neighborhood has an income lower than 60.3% of U.S. neighborhoods. In addition, 2.2% 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 74.2% 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 Double Oaks / Genesis Park neighborhood, 38.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 23.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.7%), and 18.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Double Oaks / Genesis Park neighborhood is English, spoken by 86.9% of households. Some people also speak Spanish (6.0%).
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 Double Oaks / Genesis Park neighborhood in Charlotte, NC, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (16.7%). There are also a number of people of Irish ancestry (6.2%), and residents who report German roots (5.8%), and some of the residents are also of African ancestry (5.3%), along with some Mexican ancestry residents (4.0%), among others.
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 Double Oaks / Genesis Park neighborhood spend between 15 and 30 minutes commuting one-way to work (61.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (61.7%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.