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Real Estate Prices & Overview

Garrett Rd / Durham Chapel Hill Blvd median real estate price is $491,628, which is more expensive than 81.4% of the neighborhoods in North Carolina and 68.5% of the neighborhoods in the U.S.

The average rental price in Garrett Rd / Durham Chapel Hill Blvd is currently $2,098, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.6% of the neighborhoods in North Carolina.

Garrett Rd / Durham Chapel Hill Blvd is an urban neighborhood (based on population density) located in Durham, North Carolina.

Garrett Rd / Durham Chapel Hill Blvd 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Garrett Rd / Durham Chapel Hill Blvd 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.

Vacant apartments or homes are a major fact of life in Garrett Rd / Durham Chapel Hill Blvd. The current real estate vacancy rate here is 19.2%. This is higher than the rate of vacancies in 85.7% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

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 Durham, the Garrett Rd / Durham Chapel Hill Blvd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The Garrett Rd / Durham Chapel Hill Blvd neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 94.8% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

In addition, 97.8% of the real estate in the Garrett Rd / Durham Chapel Hill Blvd neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Furthermore, the real estate in the Garrett Rd / Durham Chapel Hill Blvd neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 85.1% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.5% of American neighborhoods.

People

The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 54.1%. This is a higher percent living alone than we found in 97.4% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

In addition, the Garrett Rd / Durham Chapel Hill Blvd neighborhood stands out within North Carolina for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 8.6% of college-friendly places to live in NC.

Diversity

Did you know that the Garrett Rd / Durham Chapel Hill Blvd neighborhood has more Czechoslovakian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.5% of this neighborhood's residents have Czechoslovakian ancestry.

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 Garrett Rd / Durham Chapel Hill Blvd neighborhood in Durham are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.9% of U.S. neighborhoods. With 43.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.2% 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 Garrett Rd / Durham Chapel Hill Blvd neighborhood, 37.1% 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 35.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.7%), and 12.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Garrett Rd / Durham Chapel Hill Blvd neighborhood is English, spoken by 61.8% of households. Some people also speak Spanish (33.0%).

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 Garrett Rd / Durham Chapel Hill Blvd neighborhood in Durham, NC, residents most commonly identify their ethnicity or ancestry as Mexican (10.6%). There are also a number of people of German ancestry (6.5%), and residents who report Sub-Saharan African roots (3.9%), and some of the residents are also of English ancestry (2.9%), along with some Asian ancestry residents (2.6%), among others. In addition, 28.8% of the residents of this neighborhood were born in another country.

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 Garrett Rd / Durham Chapel Hill Blvd neighborhood spend between 15 and 30 minutes commuting one-way to work (44.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.7%) 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 (13.7%) . 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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