Area Insights of 27803, Rocky Mount, NC

Stay ahead with market trends and local insights that matter.

Demand Insights

The market remains active with a price ratio of 2%, indicating a strong buyer interest. A total of 181 homes were sold with 50 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

27803, Rocky Mount, NC

Date

03-14-2023

Price Ratio

97%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

No schools available

Middle School

G. R. Edwards Middle School

6 to 8

Ratings

C

High School

Rocky Mount High School

9 to 12

Ratings

D-

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Stay ahead with insights on population dynamics, income levels and employment patterns. These data points are key indicators of demand and future growth.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population decrease of 2% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (21,542)
9,946 Male
11,596 Female
Education
33% High School
11% Associate
18% Bachelor
6% Graduate
Age

Average Age is 45 Years

Household Details

The area's household landscape is diverse, with 59% owner-occupied homes and 41% renter-occupied properties. Family households represent 61% of the population, indicating a strong community focus on family living. The average home value stands at $246,918, which suggests ample demand for multi-bedroom properties.

Total Households
9,026
Average home value
$246,918
Owned
59%
Rented
41%
Vacant
9%
Families
61%
Married
37%
With children
28%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 1% Asian, 51% Black, and 0% Native residents, alongside 41% White and 5% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 22% of households earning over $100,000 annually, while 27% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
4%
Healthcare
12%
Professional
6%
Education
6%
Services
24%
Labor
25%
Retail
19%
Other
6%