Loco Neighborhoods Demographics

Page 1

Seagate

LoCo Neighbors Neighborhood Median Home Value

Average Rent

$303,225

$796

Density

Type of Homes

Migration & Stability

Suburban

Single-family > mobile homes > small apartment buildings > townhouses / attached homes

Stable

Size of Homes

Age of Homes

Education Level

3-4 bedrooms > 4-5 bedrooms > 0-2 bedrooms

1970-1999 > 1940-1969 > 2000+

Much higher than U.S. Avg.

Character

Vacancy Rate

Homeownership

Commute

Mostly nautical, Urban Sophisticates, Quiet and Hip & Trendy

11.9% 12% lower than U.S. average

Mostly owneroccupied

15 - 30 minutes

23% higher than U.S. median

Seagate Neighbor 4 bed

Executives

Long-term

Nautical

This family of four recently settled into their 1990s singlefamily home in the Seagate neighborhood of Wilmington. The family relocated to Wilmington for mom's new position as a research executive at PPD Downtown; dad

Neighbors

Average with U.S. average

Language & Ethnicity 93% English

6% Spanish

White > Hispanic > Scots-Irish ancestry > Mexican > Italian > Black > East Asian

chose to start his own financial investment practice from home. With both daughters now in elementary school

Age & Lifestyle Mixed > young singles (upwardly mobile) > families with children > seniors > college students

Income & Occupation Upper Middle Income

Executive, managerial & professional > sales & service > clerical, assistants & technical support > manufacturing & laborers

Childhood Poverty 18.1%

Higher than 58% of U.S. neighborhoods

and both parents in positions of long-term employment, they chose a home that could grow with their family for decades. With their spacious four-bedroom home, each daughter now has their own room while dad has his own home office. This additional space does not come at the expense of nearby convenience; mom's commute downtown is a mere fifteen minutes by car while dad can practice his swing at the neighborhood golf course. Plus, the whole family is minutes from exploring Wrightsville and Masonboro Islands by boat. However, these luxuries have come at the expense of strong communal amenities. This Seagate family wishes their daughters could safely bike to school and for a 'third space' where they could easily connect with their new neighbors.

(shorter than U.S. average) Commute by car


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