Surrey Green / Hope Valley median real estate price is $381,924, which is more expensive than 63.8% of the neighborhoods in North Carolina and 52.3% of the neighborhoods in the U.S.
The average rental price in Surrey Green / Hope Valley is currently $2,589, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.5% of the neighborhoods in North Carolina.
Surrey Green / Hope Valley is a suburban neighborhood (based on population density) located in Durham, North Carolina.
Surrey Green / Hope Valley real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Surrey Green / Hope Valley 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 Surrey Green / Hope Valley, the current vacancy rate is 2.7%, which is a lower rate of vacancies than 82.3% of all neighborhoods in the U.S. This means that the housing supply in Surrey Green / Hope Valley is very tight compared to the demand for property here.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
If knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Surrey Green / Hope Valley neighborhood, where 38.4% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 96.5% of the neighborhoods in America.
In addition, if you're planning where to retire, the Surrey Green / Hope Valley neighborhood in Durham is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in NC, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 88.3% of the neighborhoods in North Carolina. If you are considering retiring to North Carolina, this is a good neighborhood to look at. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for urban sophisticates.
Did you know that the Surrey Green / Hope Valley neighborhood has more Lithuanian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.0% of this neighborhood's residents have Lithuanian ancestry and 4.6% have Russian ancestry.
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 Surrey Green / Hope Valley neighborhood in Durham are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 65.4% of the neighborhoods in America. In addition, 7.2% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 58.1% of America'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 Surrey Green / Hope Valley neighborhood, 68.5% of the working population is employed in executive, management, and professional occupations. 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 21.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (6.0%), and 4.5% in clerical, assistant, and tech support occupations.
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 Surrey Green / Hope Valley neighborhood is English, spoken by 89.7% of households. Other important languages spoken here include Polish, Spanish, Italian and French.
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 Surrey Green / Hope Valley neighborhood in Durham, NC, residents most commonly identify their ethnicity or ancestry as English (12.5%). There are also a number of people of Irish ancestry (9.0%), and residents who report Polish roots (8.2%), and some of the residents are also of Italian ancestry (7.9%), along with some Sub-Saharan African ancestry residents (7.0%), among others.
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 Surrey Green / Hope Valley neighborhood spend between 15 and 30 minutes commuting one-way to work (55.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (80.0%) 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.