Area Insights of 28097, Locust, NC

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 2%, reflecting steady buyer interest. A total of 83 homes were sold with 30 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

28097, Locust, NC

Date

06-07-2023

Price Ratio

99%

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

West Stanly Middle School

6 to 8

Ratings

A+

High School

No schools available

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

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 26% 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 (6,564)
3,253 Male
3,311 Female
Education
34% High School
11% Associate
14% Bachelor
5% Graduate
Age

Average Age is 45 Years

Household Details

The area's household landscape is diverse, with 85% owner-occupied homes and 15% renter-occupied properties. Family households represent 64% of the population, indicating a strong community focus on family living. The average home value stands at $377,793, which suggests ample demand for multi-bedroom properties.

Total Households
2,713
Average home value
$377,793
Owned
85%
Rented
15%
Vacant
5%
Families
64%
Married
58%
With children
23%

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, 4% Black, and 0% Native residents, alongside 86% White and 6% 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 31% of households earning over $100,000 annually, while 26% 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
0%
Healthcare
14%
Professional
4%
Education
7%
Services
19%
Labor
23%
Retail
20%
Other
13%
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