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Real Estate Prices & Overview

Midway Park median real estate price is $189,131, which is less expensive than 80.5% of North Carolina neighborhoods and 81.9% of all U.S. neighborhoods.

The average rental price in Midway Park is currently $2,546, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.3% of the neighborhoods in North Carolina.

Midway Park is a rural neighborhood (based on population density) located in Jacksonville, North Carolina. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Midway Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Midway Park neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Midway Park has a 12.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.2% 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.

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 Jacksonville, the Midway Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Midway Park is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Midway Park is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, if you love row houses and attached homes, you will probably really like the Midway Park neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 79.4% of the residential real estate here is classified as row houses and attached homes.

Furthermore, renter-occupied real estate is dominant in the Midway Park neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Also of note, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Midway Park neighborhood. A whopping 66.3% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.1% of the neighborhoods in the U.S. Everything here just feels new.

People

Astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 100.0% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Midway Park neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

In addition, one of the really interesting characteristics about the Midway Park neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 2.6% of college-friendly places to live in the state of North Carolina.

Also, neighborhoodScout's analysis shows that the Midway Park neighborhood has a greater concentration of residents currently enrolled in college than 97.1% of the neighborhoods in the U.S. With 15.6% of the population here attending college, this is very much a college-focused neighborhood.

Occupations

With 52.1% of employed workers living in the Midway Park neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 100.0% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Modes of Transportation

While most Americans do drive to work alone each day, the Midway Park neighborhood stands out by having 95.7% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 99.6% of all American neighborhoods.

Diversity

Did you know that the Midway Park neighborhood has more Romanian and Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.3% of this neighborhood's residents have Romanian ancestry and 7.0% have Scots-Irish ancestry.

Midway Park is also pretty special linguistically. Significantly, 54.2% of its residents five years old and above primarily speak Italian at home. This is a higher percentage than 100.0% of all U.S. neighborhoods.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Midway Park neighborhood. In the Midway Park neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.7% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Midway Park neighborhood in Jacksonville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.9% of U.S. neighborhoods. With 27.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.8% 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 Midway Park neighborhood, 52.1% of the working population is employed in the military. 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 34.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (27.4%), and 25.2% in executive, management, and professional occupations.

Languages

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 Midway Park neighborhood is English, spoken by 93.9% of households. Other important languages spoken here include Italian and Spanish.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Midway Park neighborhood in Jacksonville, NC, residents most commonly identify their ethnicity or ancestry as German (13.1%). There are also a number of people of Italian ancestry (11.5%), and residents who report Mexican roots (8.7%), and some of the residents are also of Scots-Irish ancestry (7.0%), along with some Romanian ancestry residents (6.3%), 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 Midway Park neighborhood spend between 15 and 30 minutes commuting one-way to work (86.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (95.7%) drive alone in a private automobile to get to work. 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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