Park Place, Greenville, SC

Park Place neighborhood in Greenville SC has a median real estate price at $169,091 which is around 45.9% higher than the average neighborhoods in South Carolina and higher than 33% of U.S neighborhoods.  When it comes to renting in Park Place, it currently sits around an average of $935, which is currently lower than South Carolina Neighborhoods.  Considered a suburban area Park Place is the home to primarily small studio to medium sized apartments.  The residents of Park Place are typically older and well established since it was established between the 1940-1969.  With a 13% vacancy rate (which sits above the average compared to neighborhoods).  The houses that are vacant they typically stay vacant through-out the year.  When analyzing these numbers it does strike a question in ones mind, why such a weak demand for real estate in the neighborhood or there’s a large amount of housing that hasn’t been developed yet.

Most of Parks place area have high concentrations of residents employed in manufacturing jobs or laborer positions.  About 50.6% of the residents that currently reside in the neighborhood are still working their laboring jobs.  The second most dominate job field is sales and services jobs.  Anywhere from fast foods, to accounting jobs, Park Place has a little bit of everything.
Park Place neighborhood has a lower per capita income than 96% of the neighborhoods in the United States.

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