Colony / Golden Acres median real estate price is $129,607, which is less expensive than 88.3% of South Carolina neighborhoods and 91.7% of all U.S. neighborhoods.
The average rental price in Colony / Golden Acres is currently $994, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.4% of South Carolina neighborhoods.
Colony / Golden Acres is a suburban neighborhood (based on population density) located in Columbia, South Carolina.
Colony / Golden Acres real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Colony / Golden Acres neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Colony / Golden Acres has a 11.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.3% 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.
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.
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Colony / Golden Acres neighborhood has more single mother households than 100.0% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
In addition, the Colony / Golden Acres neighborhood stands out for having an average per capita income lower than 99.8% of the neighborhoods in the United States. Also of note, 78.0% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
There are more people living in the Colony / Golden Acres neighborhood employed as sales and service workers (53.8%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
In the Colony / Golden Acres neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 27.6% of commuters carpool here, which is more than in 98.2% of all U.S. neighborhoods.
Also, our research revealed that more commuters here take the bus to work (14.6% ride the bus) than 97.2% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
American households most often have a car, and regularly they have two or three. But households in the Colony / Golden Acres neighborhood buck this trend. 30.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.2% of U.S. neighborhoods.
87.5% of the real estate in the Colony / Golden Acres neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Did you know that the Colony / Golden Acres neighborhood has more Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.5% of this neighborhood's residents have Jamaican 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 Colony / Golden Acres neighborhood in Columbia are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.8% of U.S. neighborhoods. With 78.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.2% 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 Colony / Golden Acres neighborhood, 46.2% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 20.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.6%), and 14.9% in clerical, assistant, and tech support occupations.
The most common language spoken in the Colony / Golden Acres neighborhood is English, spoken by 95.5% of households. Some people also speak Spanish (4.0%).
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 Colony / Golden Acres neighborhood in Columbia, SC, residents most commonly identify their ethnicity or ancestry as Jamaican (5.5%). There are also a number of people of Puerto Rican ancestry (3.7%), and residents who report Sub-Saharan African roots (2.8%), and some of the residents are also of African ancestry (2.8%).
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 Colony / Golden Acres neighborhood spend between 15 and 30 minutes commuting one-way to work (42.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (46.1%) 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 (27.6%) and 14.6% 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.