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Real Estate Prices & Overview

Gatewood Forest / Marbry Landing median real estate price is $301,943, which is more expensive than 47.5% of the neighborhoods in North Carolina and 39.7% of the neighborhoods in the U.S.

The average rental price in Gatewood Forest / Marbry Landing is currently $1,865, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.6% of North Carolina neighborhoods.

Gatewood Forest / Marbry Landing is a suburban neighborhood (based on population density) located in Durham, North Carolina.

Gatewood Forest / Marbry Landing real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Gatewood Forest / Marbry Landing 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 Gatewood Forest / Marbry Landing are 4.9%, which is lower than one will find in 67.0% of American neighborhoods. Demand for real estate in Gatewood Forest / Marbry Landing 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

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 Gatewood Forest / Marbry Landing neighborhood in Durham are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 68.8% of the neighborhoods in America. With 10.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 51.0% of U.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 Gatewood Forest / Marbry Landing neighborhood, 45.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 24.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.2%), and 15.0% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Gatewood Forest / Marbry Landing neighborhood is English, spoken by 88.9% of households. Some people also speak Spanish (10.1%).

Ethnicity / Ancestry

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 Gatewood Forest / Marbry Landing neighborhood in Durham, NC, residents most commonly identify their ethnicity or ancestry as German (8.3%). There are also a number of people of English ancestry (6.6%), and residents who report Mexican roots (5.2%), and some of the residents are also of Sub-Saharan African ancestry (2.6%), along with some African ancestry residents (2.6%), among others.

Getting to Work

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 Gatewood Forest / Marbry Landing neighborhood spend between 15 and 30 minutes commuting one-way to work (67.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (79.9%) 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 (5.9%) . 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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