Touchstone Village Elm Lane median real estate price is $665,463, which is more expensive than 90.5% of the neighborhoods in North Carolina and 78.8% of the neighborhoods in the U.S.
The average rental price in Touchstone Village Elm Lane is currently $2,458, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.2% of the neighborhoods in North Carolina.
Touchstone Village Elm Lane is a suburban neighborhood (based on population density) located in Charlotte, North Carolina.
Touchstone Village Elm Lane 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 occupied by a mixture of owners and renters. Many of the residences in the Touchstone Village Elm Lane 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 Touchstone Village Elm Lane are 5.9%, which is lower than one will find in 60.8% of American neighborhoods. Demand for real estate in Touchstone Village Elm Lane 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.
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 Touchstone Village Elm Lane neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Of note is NeighborhoodScout's research finding that the Touchstone Village Elm Lane neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Touchstone Village Elm Lane community truly stands out from the rest in this regard.
In addition, one of the most interesting things about the Touchstone Village Elm Lane neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 59.5% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 98.7% of the neighborhoods in America.
Most neighborhoods are composed of a mixture of ages of homes, but the Touchstone Village Elm Lane stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 89.7% of the residential real estate here was built in this one time period.
The Touchstone Village Elm Lane neighborhood stands out nationally for having a greater proportion of its residents active in the military than 98.1% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.
Did you know that the Touchstone Village Elm Lane neighborhood has more Scots-Irish and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.9% of this neighborhood's residents have Scots-Irish ancestry and 2.6% have Lebanese ancestry.
Touchstone Village Elm Lane is also pretty special linguistically. Significantly, 2.6% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 98.3% of the neighborhoods in America.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Touchstone Village Elm Lane neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.8% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Touchstone Village Elm Lane neighborhood in Charlotte are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 66.7% of U.S. neighborhoods. In addition, 0.0% 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 100.0% 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 Touchstone Village Elm Lane neighborhood, 59.3% 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 18.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.4%), and 7.9% in manufacturing and laborer occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Touchstone Village Elm Lane neighborhood is English, spoken by 87.1% of households. Other important languages spoken here include Spanish, Langs. of India and Portuguese.
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 Touchstone Village Elm Lane neighborhood in Charlotte, NC, residents most commonly identify their ethnicity or ancestry as Italian (18.7%). There are also a number of people of Irish ancestry (17.8%), and residents who report English roots (17.5%), and some of the residents are also of German ancestry (17.3%), along with some Scots-Irish ancestry residents (6.9%), among others. In addition, 17.7% of the residents of this neighborhood were born in another country.
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 Touchstone Village Elm Lane neighborhood spend between 15 and 30 minutes commuting one-way to work (61.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (76.2%) 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 (6.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.