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Real Estate Prices & Overview

Median real estate price in the Town Center of Elgin is $309,540, which is more expensive than 56.5% of the neighborhoods in South Carolina and 39.4% of the neighborhoods in the U.S.

The average rental price in Elgin Town Center is currently $2,090, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.8% of the neighborhoods in South Carolina.

Elgin Town Center is a rural neighborhood (based on population density) located in Elgin, South Carolina.

Real estate in the Town Center of Elgin, SC is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Town Center neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Elgin Town Center, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 81.8% of all neighborhoods in the U.S. This means that the housing supply in Elgin Town Center is very tight compared to the demand for property here.

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 Elgin, the Town Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

There is an especially high percentage of incarcerated people (0.8%) living in the Elgin Town Center neighborhood.

Diversity

Did you know that the Elgin Town Center neighborhood has more Austrian and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.7% of this neighborhood's residents have Austrian ancestry and 1.9% have Greek ancestry.

The Neighbors

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 Town Center neighborhood in Elgin are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 43.4% of the neighborhoods in America. With 17.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 66.1% 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 Elgin Town Center neighborhood, 36.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.3%), and 15.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Elgin Town Center neighborhood is English, spoken by 96.7% of households.

Ethnicity / Ancestry

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 Town Center neighborhood in Elgin, SC, residents most commonly identify their ethnicity or ancestry as German (8.7%). There are also a number of people of English ancestry (8.0%), and residents who report Irish roots (7.6%), and some of the residents are also of Italian ancestry (3.3%), along with some Greek ancestry residents (1.9%), 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 Elgin Town Center neighborhood spend between 30 and 45 minutes commuting one-way to work (35.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (86.9%) 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 (6.7%) . 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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