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Real Estate Prices & Overview

Orion / Othello median real estate price is $419,531, which is more expensive than 67.4% of the neighborhoods in North Carolina and 56.2% of the neighborhoods in the U.S.

The average rental price in Orion / Othello is currently $1,147, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.9% of North Carolina neighborhoods.

Orion / Othello is a rural neighborhood (based on population density) located in Jefferson, North Carolina.

Orion / Othello real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Orion / Othello neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Orion / Othello. The current real estate vacancy rate here is 33.5%. This is higher than the rate of vacancies in 96.0% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (24.5%). 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.

Notable & Unique Neighborhood Characteristics

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.

People

Of particular note, 3.6% of the people in the Orion / Othello neighborhood currently reside in a correction facility, held due to punishment for a crime.

In addition, if you're nearing retirement age, or in retirement, the Orion / Othello is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 8.2% of retiree-friendly neighborhoods in North Carolina, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in North Carolina.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Orion / Othello neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Orion / Othello neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 61.9% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 96.7% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Orion / Othello neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 4.4% of the workforce so employed, this neighborhood has a greater concentration of such workers than 96.2% of U.S. neighborhoods.

Real Estate

Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 33.5% of the residential real estate vacant, the Orion / Othello neighborhood claims the distinction of having a higher vacancy rate than 96.0% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

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 Orion / Othello neighborhood in Jefferson are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.9% of U.S. neighborhoods. With 19.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.2% 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 Orion / Othello neighborhood, 31.9% 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 29.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (28.2%), and 5.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Orion / Othello neighborhood is English, spoken by 97.2% of households. Some people also speak Spanish (2.8%).

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 Orion / Othello neighborhood in Jefferson, NC, residents most commonly identify their ethnicity or ancestry as English (10.2%). There are also a number of people of Irish ancestry (10.1%), and residents who report German roots (8.0%), and some of the residents are also of French ancestry (2.7%), along with some Mexican ancestry residents (2.3%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Orion / Othello neighborhood spend under 15 minutes commuting one-way to work (61.9% of working residents), one of the shortest commutes across America.

Here most residents (75.7%) 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 (8.7%) . 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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