Red Bank median real estate price is $277,671, which is more expensive than 49.6% of the neighborhoods in South Carolina and 33.9% of the neighborhoods in the U.S.
The average rental price in Red Bank is currently $2,454, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.8% of the neighborhoods in South Carolina.
Red Bank is a suburban neighborhood (based on population density) located in Lexington, South Carolina.
Red Bank real estate 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 occupied by a mixture of owners and renters. Many of the residences in the Red Bank 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.
In Red Bank, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 86.4% of all neighborhoods in the U.S. This means that the housing supply in Red Bank is very tight compared to the demand for property here.
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 Lexington, the Red Bank neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Did you know that the Red Bank neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.0% of this neighborhood's residents have African ancestry and 12.0% have Sub-Saharan African ancestry.
Red Bank is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 96.9% of the neighborhoods in America.
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 Red Bank neighborhood in Lexington are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 72.9% of U.S. neighborhoods. With 42.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.0% 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 Red Bank neighborhood, 34.7% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 26.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.6%), and 17.3% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Red Bank neighborhood is English, spoken by 91.7% of households. Some people also speak Spanish (5.8%).
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 Red Bank neighborhood in Lexington, SC, residents most commonly identify their ethnicity or ancestry as German (18.4%). There are also a number of people of Sub-Saharan African ancestry (12.0%), and residents who report African roots (12.0%), and some of the residents are also of Irish ancestry (9.9%), along with some English ancestry residents (7.9%), among others.
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 Red Bank neighborhood spend between 30 and 45 minutes commuting one-way to work (44.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (78.3%) 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 (10.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.