Five Points Neighborhood, Raleigh, NC - in Raleigh, North Carolina area
Learn More About Five Points Neighborhood
Five Points Neighborhoodis a great neighborhood in Raleigh, North Carolina with new townhomes and single-family homes. The neighborhood is home to art galleries, restaurants, antique stores, and shopping options.
There are excellent schools like Underwood Elementary School and Broughton Magnet High School. Five Points Neighborhood offers something for everyone considering families can get together at one of the different parks, though Roanoke Park is the closest option. There is tons of outdoor fun, including line dancing, pickleball, and picnics.
History
Five Points began as a combination of suburbs, including Georgetown, Vanguard Park, Roanoke Park, Bloomsbury, and Hayes Barton, during the 1910s. As the suburban developments filled up, another wave of infrastructure projects attracted settlement. Carolina Power and Light developed an amusement park in 1918 to attract riders to the streetcar line. Parts of Bloomsbury and Georgetown also received attention though development was delayed until the 1920s.
Vanguard Park was also prepared for projects in 1915, but two decades passed before the majority of the construction of houses. Construction in the other areas, like Roanoke Park, platted in 1920 but took off immediately. Grand eclectic designs for Bloomsbury were modeled after Georgian Revival, Colonial Revival, and Tudor Revival designs. During the post-Depression Recovery era in the 1930s, though, there was more modest housing with efficient floor plans. All of the neighborhoods were nearly built out as the twentieth century reached the midpoint.
Today, it is an up-and-coming area with a range of housing styles within the neighborhood. It also radiates from the intersection of Glenwood Avenue with Whitaker Mill and Fairview roads. Residents of the area would describe Five Points as a great neighborhood with a small-town feeling. It is pet friendly and a good place for children.
Five Points Neighborhood, Raleigh, NC – in Raleigh, North Carolina area
Despite the subdivisions of the neighborhood, Five Points has a population of 1201 people. The median household income for the population is $63,188, indicating it is a middle-income community. 84% of the working population are in white-collar jobs, and 15.37% are blue-collar employees. Residents at Five Points also have a median age of 41 years, which is higher than most other Raleigh locations. That goes to show a high number are middle-aged or older.
The population density is also lower than in other neighborhoods in the state, confirming the implications it is a small town. It has 435 housing units, of which 82.68 are owner-occupied while the remaining 17.32% have renters. Mortgages also account for more than 76% of the housing units. 30.6% of the residents in the area have attained college certificates, while 16.78% have a bachelor’s degree. 58.44% of the residents are married, while 37.92% have never married. The rest have either been separated or divorced.
