NeighborhoodScout's research shows that this neighborhood has an income lower than 71.5% of U.S. The neighbors in the Monkey Junction / Willoughby Park neighborhood in Wilmington are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. Equally important is the rate of people, particularly children, who live below the federal poverty line. 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. For each of these reasons, the neighborhood is rated among the top 8.7% of college-friendly places to live in NC. 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. 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. In combination, this makes it stand out for a good place for college students to consider. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In addition, the Monkey Junction / Willoughby Park neighborhood stands out within North Carolina for its college student friendly environment. In a nation where 1 out of every 4 children lives in poverty, the Monkey Junction / Willoughby Park neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue. Demand for real estate in Monkey Junction / Willoughby Park is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood. Real estate vacancies in Monkey Junction / Willoughby Park are 5.1%, which is lower than one will find in 67.6% of American neighborhoods. A number of residences were also built between 19. Many of the residences in the Monkey Junction / Willoughby Park neighborhood are newer, built in 2000 or more recently. Most of the residential real estate is renter occupied. Monkey Junction / Willoughby Park 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 single-family homes. Monkey Junction / Willoughby Park is a suburban neighborhood (based on population density) located in Wilmington, North Carolina. The average rental cost in this neighborhood is higher than 71.3% of the neighborhoods in North Carolina. The average rental price in Monkey Junction / Willoughby Park is currently $2,165, based on NeighborhoodScout's exclusive analysis. Monkey Junction / Willoughby Park median real estate price is $425,470, which is more expensive than 70.8% of the neighborhoods in North Carolina and 60.1% of the neighborhoods in the U.S. If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St) Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas. Because census tracts are based on population, they vary in size depending on the density of settlement. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.Ĭensus tracts are small, relatively permanent subdivisions of a county that are defined by the U.S.
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