Living in Wingate, NC

Pros and Cons of Living in Wingate

What's it like Living in Wingate?

Wingate, North Carolina is a smaller city with a population of 4,456 residents. The majority of Wingate residents report their race to be White; this is followed by Black and Asian. With an average age of 23 years old, Wingate could be a great place to live for young adults as this age is well below the national average. Wingate is not known to have a high population (over 15 years old) of married people. At only 37% married, this city falls well below the national average.

Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Wingate could be a positive experience compared to other cities in North Carolina if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. The best areas in Wingate and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, education, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the North Carolina and national averages.

Using data and statistics Wingate has received a livability score of 73 out of 100. This score is ranked in the 85th percentile when compared to all other cities. For each of the livability categories, we know that Wingate ranks very well for crime (B), cost of living (A+) and housing (A-). Wingate does not rank well for the following: education (F). It might be a smart idea to take a closer look at each category to find out why.

Unemployment rates can range pretty dramatically from one city to another. Knowing that Wingate has an unemployment rate of 1.3% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.

Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Wingate market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.

Wingate real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Wingate. The median home price for Wingate homes is $155,200, which is 1.2% lower than the North Carolina average. If we take a closer look at the affordability of homes in Wingate, we’ll see that the home price to income ratio is 3, which is 9.1% lower than the North Carolina average.

Best Places to Live in and Around Wingate

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Wingate transportation information