Carnaby Loop / Alvina Way median real estate price is $262,353, which is more expensive than 48.5% of the neighborhoods in South Carolina and 32.9% of the neighborhoods in the U.S.
The average rental price in Carnaby Loop / Alvina Way is currently $2,163, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.2% of the neighborhoods in South Carolina.
Carnaby Loop / Alvina Way is a suburban neighborhood (based on population density) located in Myrtle Beach, South Carolina.
Carnaby Loop / Alvina Way 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 townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Carnaby Loop / Alvina Way neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Carnaby Loop / Alvina Way. The current real estate vacancy rate here is 26.4%. This is higher than the rate of vacancies in 92.8% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (20.7%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
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 Myrtle Beach, the Carnaby Loop / Alvina Way neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
With more than 1.9% of residents living with a same sex partner, Carnaby Loop / Alvina Way is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.6% of U.S. neighborhoods.
In addition, according to NeighborhoodScout's research, Carnaby Loop / Alvina Way is better suited for first-time home buyers than 89.9% of neighborhoods in the state. Most homes here are priced below the state's median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in South Carolina. Along with an exclusive multi-metric measure of neighborhood quality developed by NeighborhoodScout that scores high here in this neighborhood, this means that buying into the neighborhood is not only an accessible option but considered a decent first time home buyer choice for building equity in your first home, while being in a quality neighborhood
Homes built from 2000 through today make up a higher proportion of the Carnaby Loop / Alvina Way neighborhood's real estate landscape than 96.4% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 73.3% of the residential real estate here is classified as newer.
Our research shows that more people carpool to work here in the Carnaby Loop / Alvina Way (22.6%) than in 95.5% of the neighborhoods in America.
Significantly, 2.5% 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 98.2% of the neighborhoods in America.
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 Carnaby Loop / Alvina Way neighborhood in Myrtle Beach are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 71.3% of U.S. neighborhoods. With 14.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.9% 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 Carnaby Loop / Alvina Way neighborhood, 40.9% 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 36.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.0%), and 11.0% in clerical, assistant, and tech support 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 Carnaby Loop / Alvina Way neighborhood is English, spoken by 85.8% of households. Other important languages spoken here include Spanish, Portuguese and African languages.
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 Carnaby Loop / Alvina Way neighborhood in Myrtle Beach, SC, residents most commonly identify their ethnicity or ancestry as German (13.9%). There are also a number of people of English ancestry (7.7%), and residents who report Italian roots (7.5%), and some of the residents are also of Irish ancestry (6.4%), along with some Scottish ancestry residents (4.8%), among others. In addition, 12.1% 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 Carnaby Loop / Alvina Way neighborhood spend between 15 and 30 minutes commuting one-way to work (59.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (71.3%) 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 (22.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.