Red Banks median real estate price is $181,778, which is less expensive than 80.5% of North Carolina neighborhoods and 81.6% of all U.S. neighborhoods.
The average rental price in Red Banks is currently $1,341, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.3% of North Carolina neighborhoods.
Red Banks is a rural neighborhood (based on population density) located in Pembroke, North Carolina.
Red Banks real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Red Banks 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.
Red Banks has a 10.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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 real estate in this neighborhood consists of more mobile homes than 97.0% of all neighborhoods in America, with 36.7% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.
Did you know that the Red Banks neighborhood has more Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 85.4% of this neighborhood's residents have Native American 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 Red Banks neighborhood in Pembroke are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 91.4% of U.S. neighborhoods. With 34.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.1% 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 Red Banks neighborhood, 34.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.3%), and 18.1% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Red Banks neighborhood is English, spoken by 98.1% of households.
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 Red Banks neighborhood in Pembroke, NC, residents most commonly identify their ethnicity or ancestry as Native American (85.4%). There are also a number of people of Asian ancestry (2.2%), and residents who report Irish roots (1.5%).
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 Red Banks neighborhood spend between 15 and 30 minutes commuting one-way to work (36.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (88.3%) 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 (10.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.